August 28, 2023
Farmers Insurance announced it will part ways with approximately 2,400 employees – 11% of its workforce across all lines of business. “Decisions like these are never easy, and we are committed to doing our best to support those impacted by …
August 28, 2023
Catastrophe modeler Karen Clark & Co. said privately insured losses in the U.S. from Hurricane Hilary will be near $600 million. Once a Category 4 storm, Hurricane Hilary weakened to a tropical storm before it made landfall near Baja California …
August 28, 2023
Kileen Moria Hagadone, 57, owner of Rosebud County Insurance Inc., pleaded guilty to wire fraud and to aggravated identity theft. Hagadone faces a maximum of 20 years in prison, $250,000 fine and three years of supervised release on the wire …
August 28, 2023
Insurance Office of America added Jeffrey Breskin to its western division team. Breskin has more than 35 years of experience in risk management, claims, safety, and workers’ compensation laws and regulations. He previously served as senior vice president, risk management …
August 25, 2023
Uber raised the minimum age requirement for most of its new drivers in California to 25 on Thursday under rules the company said are necessary because of the rising costs of commercial auto insurance in the state. The new rule …
August 25, 2023
Washington state Insurance Commissioner Mike Kreidler issued an emergency order requiring all property/casualty insurers to provide additional protections for policyholders impacted by the Gray and Oregon Road fires. The emergency order was made possible by Gov. Jay Inslee’s emergency declaration. …
August 25, 2023
The county of Maui, Hawaii, on Thursday sued Hawaiian Electric HE.N accusing the power company of acting negligently by failing to shut down its equipment despite warnings hurricane winds could knock power lines down, sparking wildfires. The county said downed …
August 24, 2023
Shareholders of Hawaiian Electric HE.N on Thursday filed a lawsuit against the utility provider in a San Francisco federal court, alleging the company’s failure to disclose important information about its wildfire prevention and safety protocols. Hawaiian’s protocols and procedures were …
August 24, 2023
Former Southern California running back Reggie Bush plans to file a defamation lawsuit against the NCAA over a statement made by college sports’ governing body about the reasoning for its decision not to restore the Heisman Trophy winner’s records. Bush …
August 24, 2023
Signers National acquired nonprofit insurance company Eclipse Risk Insurance Services in California. Signers National also acquired the nonprofit insurance firm Whittaker Agency in Illinois. The two new businesses will be run under Lamb Insurance Services, a member company and retail …