Yearly Archives: <span>2023</span>

Australian Tourist Hotspot Inundated With Life-Threatening Floods After Cyclone Jaspar

A key tourism area in Australia’s far north has been inundated with life-threatening flooding after days of torrential rainfall in the wake of a tropical cyclone. Major flood and strong wind warnings have been issued across several areas in Queensland …

Lloyd’s Extends Lease on Iconic London Headquarters Until 2035

Society of Lloyd’s, better known as Lloyd’s of London, has reached an agreement to remain in its One Lime Street headquarters until at least 2035, the Financial Times reported. The deal with landlord Ping An Insurance Group, which came together …

Industry Experts Gather at Inaugural Oklahoma Insurance Day

The Oklahoma Insurance Department (OID) hosted the inaugural Oklahoma Insurance Day in Oklahoma City on Dec. 14. The conference was held at the Embassy Suites Downtown Medical Center and attracted a total of 125 attendees from across the insurance sector …

Are Billions in Wind Mitigation the Answer for Florida’s Insurance Problems?

While Florida’s property insurance landscape appears to be leveling out, much more funding is needed to fortify homes against hurricane winds and prevent devastating losses for insureds and insurers, a few panelists said at the Florida Chamber’s Insurance Summit last …

From Litigation to Capital, Florida Insurance Market Improving, Panelists Say

The Florida property and casualty insurance market is not out of the woods but it is showing signs of progress, from litigation trends to capital investments in the state, according to almost two dozen people who spoke at the Florida …

Firefighters Battled Blaze in Historic Firehouse Near U.S. Capitol

Firefighters in Washington, D.C., on Friday battled a three- alarm fire that started in a three-story former firehouse under renovation near the U.S. Capitol. DC Fire and EMS said one firefighter declared mayday and was rescued. No injuries were reported. …

New Jersey Casino Workers Light Up in State House to Protest Smoking in Workplace

With prospects for a smoking ban in Atlantic City`s casinos looking hazier than ever, workers who want smoking banned took matters into their own hands, lips and lungs Thursday. Members of the United Auto Workers union disrupted a meeting of …

Fire Marshal Investigating Blast That Injured One, Severely Damaged Pennsylvania Home

One person was injured and a house was severely damaged Friday by an early morning explosion at a home about 10 miles northwest of Reading, Pennsylvania. A male was hospitalized after the blast just before 7 a.m. in Bernville. A …

Washington Insurance Commissioner Issued $305K in Fines

Washington Insurance Commissioner Mike Kreidler issued fines in November totaling $305,694 against insurance companies and insurance producers for violations of state insurance laws and regulations. Following are the fines, the reasons for them from the commissioner’s office and the details …

Clorox, Boeing, MGM and More: Why Big Hacks Have Surged in 2023

Widely disruptive, large-scale hacks are surging. After a lull in 2022, ransomware attacks on high-value targets such as big companies, banks, hospitals or government agencies, have seen a “massive uptick” this year, rising 51% through late November, according to cybersecurity …