U.S.
Wildfires Disproportionately Impact Lower-Income Homeowners: Study
The 2022 wildfire season promises to be another record-breaker. Roughly 2 million acres burned last month, and major fires are currently scorching Idaho, Utah and California, threatening tens of ...
Family of California Shooting Victims Sue Gun Distributor
Family members of some of the people killed or wounded during a 2019 shooting at a California garlic festival are suing the companies that distributed the rifle used in the attack, saying they did ...
Congress Wants Answers on a ‘Significant’ Cyber Attack on Courts
Three hostile foreign actors breached the federal courts document management system via "an incredibly significant and sophisticated" cyber attack more than 18 months ago, the chairman of the House ...
Washington Judge Overturns Credit Scoring Ban
A judge on Friday overturned a Washington state rule prohibiting insurers from using credit scoring to set rates for auto, homeowner and renter insurance. Insurance Commissioner Mike Kreidler adopted ...
Judge Questions 3M’s Use of Bankruptcy to Fight Veterans’ Suits
The federal judge administering more than 230,000 lawsuits against 3M Co. questioned whether the industrial giant acted in good faith when it decided to try to shift the cases to bankruptcy court ...
Allergan Poised to Pay More Than $2B in Opioid Settlement
AbbVie Inc.'s Allergan unit has reached an agreement to pay more than $2 billion to resolve thousands of lawsuits filed by state and local governments over the marketing of its Kadian opioid ...
Florida Regulators Unveil Ratings Crisis Solution: Let Citizens Reinsure Carriers
Florida's insurance commissioner announced Wednesday that his office has found an "unprecedented solution" to the looming property insurer rating crisis — let Citizens Property Insurance Corp. ...
Overdue or Overboard? Florida Divided on Demotech’s Planned Downgrades
The property insurance community has divided into two camps after the firestorm that erupted over the potential financial rating downgrades for 17 Florida insurance carriers. One camp argues that the ...