Things are moving fast in Florida’s distressed property insurance market. Just days after St. Johns Insurance Co. announced it would stop writing new homeowner business in Florida, the Demotech rating agency withdrew the carrier’s financial stability rating on Thursday, due …
Louisiana Insurance Commissioner Jim Donelon is encouraging policyholders who filed claims for Hurricane Ida damage to check with their agent or insurance company for any required deadlines necessary to settle their claims. The Louisiana Department of Insurance said earlier this …
The best cars on the road are largely made by Japanese automakers, according to the latest Brand Report Card rankings from Consumer Reports, the nonprofit consumer research and advocacy organization. Domestic automakers did not fare as well in this year’s …
Fifteen retired and active-duty firefighters from Massachusetts say in a federal lawsuit filed against two dozen companies that so-called forever chemicals in their gear and in firefighting foam manufactured by the businesses contributed to their cancer diagnoses. The firefighters from …
An Atlantic storm battered Britain and Ireland on Friday with record winds of up to 122 miles per hour, killing at least one person, knocking out power for tens of thousands and shredding the roof of London’s O2 arena. Storm …
A wildfire near Bishop, California, is only 20% contained, however evacuation orders have been lifted. The Airport Fire, which started on Wednesday, has burned 4,136 acres. At one point it had threatened 150 structures, according to CalFire. “Forward rate of …
The family of a Portland, Oregon, man whose car slid off the Glenn Jackson Bridge and plunged into the Columbia River during a winter storm is suing the Oregon Department of Transportation for $12 million. A crash investigation shows Antonio …
Financial data and analytics company Verisk announced that Scott G. Stephenson, chairman, president and chief executive officer, will be retiring following the company’s 2022 shareholder meeting. Stephenson will be succeeded as CEO by Lee M. Shavel, who is currently chief …
Tesla Inc. has been sued over an alleged suspension failure in a crash that killed the driver and a passenger in Florida last year and sparked a federal probe. The 2021 Model 3 vehicle had a “defective and unreasonably dangerous …
The next head of the U.S. Federal Aviation Administration (FAA) will face challenges overseeing Boeing Co. and a series of reforms mandated by Congress in the wake of two fatal 737 MAX crashes. The job opened late Wednesday when the …
