The threat of war between Russia and Ukraine is the biggest risk for insurers offering coverage during the Beijing Winter Olympics as an outbreak of hostilities could force team withdrawals or appearance cancellations, industry sources say. Olympic Games, top events …
Chicago Blackhawks owner Rocky Wirtz apologized Feb. 2 after he angrily rejected any conversation connected to the franchise’s response when a player said he was sexually assaulted by an assistant coach. Wirtz made his remarks at a town hall. It …
The Louisiana Department of Insurance announced Feb. 3 that it is streamlining the form-filing process for five additional lines of commercial insurance by adding them to the list of lines eligible for certified approval. The LDI said that the certified …
The Florida Senate is trying again to repeal the state’s no-fault auto insurance requirement with a bill that major insurers oppose and which the governor vetoed last year. By a vote of 10-1, the Senate Banking and Insurance Committee this …
California’s more than half-million fast food workers would get increased power and protections under a first-in-the-nation measure approved by the state Assembly this week. Workers would be included alongside employers and state agencies on a new Fast-Food Sector Council to …
Sneaker giant Nike sued online reseller StockX in New York federal court on Thursday for selling unauthorized images of Nike shoes, marking the latest lawsuit over digital assets known as non-fungible tokens. Nike said StockX’s NFTs infringe its trademarks and …
Last month the Superior Court of New Jersey ruled insurers cannot use a policy exclusion to avoid covering about $1.4 billion in damages Merck & Co. said it suffered from a spring 2017 cyber attack known as NotPetya. The court …
Assemblyman Marc Levine, D-Marin County, on Thursday introduced legislation designed to require mandatory issuance of homeowners’ insurance and establish a grant program to harden residential properties in areas prone to wildfires. Assembly Bill 1755 would require an insurance provider licensed …
The American Property Casualty Insurance Association, the Professional Insurance Agents of Washington, and the Independent Insurance Agents and Brokers of Washington jointly filed two legal actions to halt the enforcement of a rule banning the use of credit for rating …
Earth’s global average surface temperatures in 2021 were 1.5 degrees Fahrenheit (0.85 degrees Celsius) above the average for NASA’s baseline period, a new report shows. The average tied with 2018 as the sixth warmest on record, according to an analysis …
