Editor’s Note: This is the first of an ongoing column covering the impact of climate change and emerging environmental regulations on the insurance and financial industries. It will appear every other week. The 1970s were an era of wide ties, …
The share-and-share-alike attitude considered a virtue by some has the potential to create a rift between between ridesharing companies and insurance companies. “We try not to make it a battle,” said Robert Passmore, senior director of personal lines for the …
“Risky Business: The Economic Risks of Climate Change to the United States,” a report on climate change and how it will affect businesses, offers a variety of information on how a changing world will impact businesses and gross domestic product. …
Companies and governments worldwide are changing their behaviors and examining their risks in the face of climate change, a managing director for Standard & Poor’s said as he held up the insurance industry as a good example of how to …
A bill to more thoroughly regulate insurance requirements for ridesharing companies is successfully wending its way through California Legislature as insurance associations and representatives for companies like Uber and Lyft try and hash out an uncertain middle ground. The Senate …
Farmers Insurance Group, which filed nine class actions in May against nearly 200 communities in the Chicago area, is withdrawing its lawsuit. The suit accused the Illinois municipalities of failing to prepare for severe rains and flooding. It argued that …
Leroy Barnes, 27, of Los Angeles, known as one of the dancing hamsters in Kia car commercials, was arrested on insurance fraud charges related to his alleged fraudulent collection of state disability insurance benefits. Barnes is suspected of deceiving his …
Farmers Insurance Group, which filed nine class actions in May against nearly 200 communities in the Chicago area, is withdrawing its lawsuit. The suit accused the Illinois municipalities of failing to prepare for severe rains and flooding. It argued that …
The recent plague of wildfires in Southern California and in neighboring states seems to have more people checking on their homeowners policies – and more people concerned about the threat of wildfires may be taking some mitigation steps insurers have …
Hail, wind and flooding in May caused an estimated $109.3 million in insured losses resulting from 28,442 auto and homeowners insurance claims filed, an insurance group reported on Monday. The damage estimates include 18,538 car insurance claims adding up to …
