Specialist insurer Beazley has announced a refreshed Primary US Public D&O Wording, available both in the London Market and on a Surplus Lines basis in the US.
Author: Annie George
FEMA Maps Social Factors Onto Flood, Fire and Hurricane Risk
The free digital tool that the US government gives communities to help evaluate local risks from 18 natural hazards is getting a makeover.
Justice Department, EPA File Civil Complaint Against Norfolk Southern
Federal prosecutors and environmental regulators have filed a complaint against Norfolk Southern Corp. over last month’s derailment in East Palestine, Ohio.
New EV Rules Mean Fewer Models Eligible for Tax Credit
The Biden administration detailed new criteria for an electric-vehicle tax-credit program.
Federal Judge OKs $185M Deal in Minor Leaguers’ Suit vs MLB
A $185 million settlement in a lawsuit by minor leaguers against Major League Baseball for violating federal minimum wage laws was approved Wednesday by a federal judge.
CA Commissioner Lara and FAIR Plan Reach Agreement to Increase Commercial Property Insurance Limit to $20M
This important adjustment more than doubles existing coverage limit options for California businesses.
Citizens Property Insurance Approves 2023 Rate Hike
Citizens board members approved a recommended statewide average increase of 14.2% for all Personal Lines policies – homeowners, condominium unit owners, dwellings, renters and mobile homes.
M&A Buyers Defy Uncertainty with Bullish Optimism for 2023
Global dealmakers achieved a third consecutive quarter of market outperformance in the first three months of 2023.
AI Leaders Urge Labs to Halt Training Models More Powerful Than ChatGPT-4
Artificial intelligence experts and industry leaders are calling on developers to hit the pause button on training powerful AI models.
California’s Winter Storms Bring Billions in Damages
Severe weather and flooding in California since Dec. 26, 2022, has led to $5 billion to $7 billion in damages, according to a Moody’s report from late January.