Virginia has increased the liability insurance coverage required for vehicles in Virginia. The new law applies to vehicle insurance policies issued or renewed on or after January 1, 2022. On January 1, 2025, requirements will again change under the new …
Israeli cyber-security firm Pentera has raised $150 million in its latest funding round, taking the company’s value to $1 billion, the company told Reuters, adding it was eyeing an initial public offering in the United States. The funding round led …
The company contracted by the state to provide nonemergency medical transportation to Rhode Island residents was fined $600,000 Thursday in connection with a crash involving an unqualified driver that led to the death of a 77-year-old passenger, officials said. The …
There’s little faith in the global economic recovery accelerating, with officials and business leaders citing climate change and rising social tensions, alongside the pandemic, among their top risks, the World Economic Forum found. Only one in six survey respondents from …
Ariel Re, the Bermuda-based reinsurer, together with Berkshire Hathaway Inc.’s wholly-owned subsidiary, National Indemnity Co. (NICO), announced a further strategic alignment between the two companies. In separate transactions, NICO has invested in new Ariel Re Convertible Notes and has extended …
At least two tornadoes touched down in the Houston area over the weekend as storms brought high winds and heavy rains, damaging homes and businesses and causing flooding. Most of the damage from the storms that came through Saturday night …
A federal judge in Michigan has tossed a lawsuit brought by two gay corrections officers, ruling that some of their discrimination claims weren’t sufficiently proven and that statutes of limitation barred others. Michelle Wood alleged in the 2020 suit that …
Legislatures in most Southern states convene this week and dozens of insurance-related bills are now in the hoppers. Here’s a look at some of the measures that have been filed, which could affect property and casualty insurance, homeowners’ premiums, workers’ …
The Louisiana Supreme Court on Jan. 7 unanimously upheld a COVID-19 vaccine mandate for the state’s largest healthcare system. The ruling was handed down the same day that the U.S. Supreme Court heard arguments about the Biden administration’s order for …
The state of Iowa said Jan. 7 that it is suing Sioux City over what it says was the city’s manipulation of wastewater testing results and dangerous pollution of the Missouri River in a scheme that saw the wastewater plant’s …
