U.S.
Lexington Insurance Pulling Out of Florida, Other Markets for High-End Homes
Lexington Insurance, an AIG company, is pulling out of the Florida homeowners market, leaving an estimated 8,000 affluent customers looking for coverage. And those homeowners likely won't be able to ...
Flood Rating 2.0 Begins April 1 for NFIP Renewals, Hiking Premiums for 2 Million Homes
Starting April 1, property owners in low-lying areas across the country will see their premiums increase when they renew their flood insurance policies, thanks to the federal government's new ...
FBI Says Russian Hackers Scanning U.S. Energy Systems and Pose ‘Current’ Threat
Russian hackers have been scanning the systems of energy companies and other critical infrastructure in the United States, and state-sponsored hacking by Russia presents a "current" threat to ...
Boy Scouts Victims’ Fund Unfair to Insurers, Companies Argue in Court
The Boy Scouts of America's sexual abuse compensation fund may force insurers to make payments they can't negotiate over, even if the claims are fraudulent, a group of the companies argued in court. ...
Bayer Reaches $80M PCB Contamination Settlement With Ohio
Bayer AG reached an $80 million settlement with Ohio to resolve environmental damage allegedly caused by polychlorinated biphenyls, or PCBs, made by the company's Monsanto business, the state ...
Consumer Group Demands Probe After NY Times Reports on Alleged Bias at State Farm
A national consumer rights group on Thursday called on state insurance commissioners to investigate racial bias in claims handling after the New York Times reported on discrimination lawsuits filed ...
U.S. Increases Fines for Automakers Not Meeting Fuel Economy Rules
The U.S. National Highway Traffic Safety Administration (NHTSA) on Sunday reinstated a sharp increase in penalties for automakers whose vehicles do not meet fuel efficiency requirements for model ...
U.S. Fuelmakers on Hook for Vehicle Emissions in New SEC Rule
U.S. drillers and refiners will likely need to report estimated greenhouse gas emissions from the cars, trucks, planes and ships that use their fuel if a rule proposed by U.S. regulators on Monday ...