U.S.
California Program Leasing Land Under Freeways Under Scrutiny After Highway-Closing L.A. Fire
The area under an elevated Los Angeles freeway that burned last weekend was a kind of open-air warehouse with businesses storing everything from wood pallets to cardboard boxes to hand sanitizer on ...
U.S. Safety Aviation Review Team Calls for ‘Urgent Action’ After Near-Misses
An independent safety review team named by the Federal Aviation Administration after a series of close-call air incidents called for "urgent action" and made a series of recommendations to boost ...
For carriers and MGAs, cloud-hosted insurance platforms can reduce IT overhead, strengthen business continuity, improve security, and make scaling claims...
U.S. Home Insurance Less Affordable Due to Natural Disasters, Rising Repair Costs: Report
The growing frequency and severity of natural disasters amid rising home repair costs, along with other economic factors, have contributed to less affordable homeowners insurance, according to a ...
Consequences From Climate Change Now Affect Every Region of U.S.
Revved-up climate change now permeates Americans' daily lives with harm that is "already far-reaching and worsening across every region of the United States," a massive new government report says. ...
Judge Says Hair Relaxer Claims Against L’Oreal, Revlon Can Proceed
A federal judge on Monday allowed the majority of claims to move forward in sprawling litigation that claims chemical hair relaxer products made by L'Oreal USA, Revlon and others cause cancer and ...
Two-Thirds of North America Could Face Power Shortages This Winter
More than half of the U.S. and parts of Canada, home to around 180 million people, could fall short of electricity during extreme cold again this winter due to lacking natural gas infrastructure, ...
AM Best Outlook of U.S. E&S Market Revised to ‘Positive’
Insurance industry rating agency AM Best has upped its view of the excess and surplus market as it continues to absorb business from the admitted market. AM Best changed its U.S. E&S outlook from ...
Mid-Market Businesses Ill-Prepared for Flood Risks, New Survey Finds
A new survey of insurance brokers by Chubb, a global P/C company, found that flood risk was not top of mind for U.S. mid-market companies, valued between $10 million and $1 billion. Nearly 85 percent ...