In the months since President Joe Biden warned Russia’s Vladimir Putin that he needed to crack down on ransomware gangs in his country, there hasn’t been a massive attack like the one last May that resulted in gasoline shortages. But …
Climate change, the rapid growth of “stablecoins” and financial innovations that led to frenzied trading of GameStop Corp shares early this year are threats to the U.S. financial system that merit closer scrutiny, a Treasury Department-led regulatory panel said on …
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Aspire General Insurance Co. in Rancho Cucamonga, California. The ratings reflect …
The number of California homeowners non-renewed by insurers fell by 10%statewide in 2020 compared with the previous year, as mandatory moratoriums by Insurance Commissioner Ricardo Lara made up more than 80% of the statewide reduction in non-renewals, according to a …
Chubb Bolsters Leadership in its North America Commercial P/C Businesses Chubb has changed the leadership in its North America commercial property and casualty businesses with two new appointments, strengthening its primary and excess casualty and multinational field organizations as well …
Texas Department of Insurance Chief Deputy Commissioner Doug Slape is a recipient of this year’s Robert Dineen Award, the highest honor for a state regulator bestowed by the National Association of Insurance Commissioners. Slape was honored with the Robert Dineen …
McDonald’s will pay $33.5 million to a former baseball player who owns multiple franchises to end a lawsuit he brought against the company accusing it of racial discrimination. Herb Washington, who is Black, owned more than a dozen restaurants in …
A small plane appeared to have clipped treetops before crashing west of Houston, killing both people aboard, federal investigators reported Dec. 17. The Dec. 8 crash of the single-engine Piper PA 28-140 aircraft happened in a heavily wooded area shortly …
A knot saw operator suffered a partial amputation of an index finger in June 2021 when his hand came in contact with a rotating blade that lacked adequate machine guarding. A few weeks earlier, a similar saw at the Maxwell …
Some Indiana doctors and health experts warned last week that a Republican-backed proposal aimed at limiting workplace COVID-19 vaccination requirements would hurt efforts to stem the illness as the state’s hospitals are strained with their highest-ever overall patient counts. They …
