The earthquake early warning system known as ShakeAlert will be capable of delivering alerts directly to wireless devices in Oregon on March 11 and to Washington state in May, completing the West Coast rollout, the U.S. Geological Survey said. The …
Ahmad Haris Tajyar, 45, and his mother, Malalay Tajyar, 70, both of Porter Ranch, Calif., were arrested on one felony count of insurance fraud each after allegedly filing a false auto insurance claim and making fraudulent statements in order to …
California Insurance Commissioner Ricardo Lara has proposed new rules to give homeowners and businesses open access to their properties’ wildfire risk scores. The new rules would require insurance companies to provide a consumer with their property’s wildfire risk score, which …
Assemblywoman Cottie Petrie-Norris, D-Laguna Beach, in collaboration with California Insurance Commissioner Ricardo Lara, introduced a bill intended to ensure that licensed drug abuse recovery and treatment facilities and recovery residences that contract with the government have minimum insurance coverage levels, …
There is nothing wrong with selling your agency at 12-13 times EBITA (earnings before interest tax and appreciation) if that’s what you want. There are nearly 700 firms annually doing precisely that — maybe more if they were all reported. …
Times are tough for many businesses but there is still some recent data that suggests optimism among small businesses. A new survey of more than 1,000 U.S. small business owners with fewer than 100 employees by Bill.com found that 75% …
Among the many changes wrought by the pandemic are those transforming the small business workforce. People have lost their jobs or businesses, with many starting new ventures, working from home or adopting new technologies that keep them in the workforce. …
National Steven Levy, the longtime president and CEO of Munich Re US, plans to retire on April 1. Munich Re executive Marcus Winter will replace him, the company disclosed. Levy has worked for Munich Re US for 23 years, holding …
The U.S. property/casualty insurance (P/C) industry could experience dejà vu in 2021 in terms of financial results. Many factors that insurers encountered in 2020 likely will continue to impact the financial performance of the U.S. property/casualty (P/C) industry in 2021, …
More than half of all workplace discrimination complaints filed with the U.S. involve retaliation, according to figures from the Equal Employment Opportunity Commission (EEOC). Retaliation was the most frequently cited claim in charges filed with the agency — accounting for …
