Atlanta is short about 200 firefighters, sparking fears that homeowners’ insurance premiums could soon spike. Atlanta TV 11Alive reported that the city has budgeted for about 1,000 fire personnel, but that many have left in recent months because the pay …
The Walgreens pharmacy company has reached a $683 million settlement with the state of Florida, halting a trial over state claims that the company improperly dispensed millions of painkillers that contributed to the opioid crisis, state and company officials said …
The husband of a Black woman who died hours after childbirth in 2016 sued Cedars-Sinai Medical hospital on Wednesday, saying she bled to death because of a culture of racism at the renowned Los Angeles medical center. Charles Johnson IV …
Nearly $1.7 billion has been distributed to victims of California wildfires for which Pacific Gas & Electric was blamed, a new report shows. The Fire Victim Trust has filed its annual report and claims report for the period commencing January …
A bird flu virus that’s sweeping across the U.S. is rapidly becoming the country’s worst outbreak, having already killed over 37 million chickens and turkeys and with more deaths expected through next month as farmers perform mass culls across the …
New England workers’ compensation specialist A.I.M. Mutual Insurance Companies has named Daniel A. Landers as president and chief executive officer. Landers succeeds Michael E. Standing, who passed away in October. Landers brings 30 years of workers’ compensation insurance experience to …
Suffolk University professors are bringing their expertise in behavioral economics to Gen Re through a new business relationship designed to benefit the reinsurer’s clients in the areas of underwriting, marketing, client engagement, customer service and more. Behavioral economics draws from …
Premium rates for natural catastrophe risks in Florida continue to be inadequate, which is why Swiss Re is giving that market a wide berth — for the time being, at least. “Historically we believe the Florida market has been underpriced …
San Diego-based FutureProof Technologies, which calls itself a “climate-smart property/casualty insurtech,” announced that it has raised $6.5 million in capital led by AXIS Digital Ventures, bringing its total capital raised to nearly $10 million. The firm said the his capital …
On a residential block in Lambertville, New Jersey where Tropical Storm Ida’s flood waters swept two houses into Swan Creek, Governor Phil Murphy announced a $50 million investment in a homeowner buyout program for Ida-impacted communities, and $10 million in …
