PG&E power lines were blamed for 2018’s Camp Fire, the deadliest wildfire in California’s history. But it was just one of 1,900 fires sparked by the utility since 2014, state investigators say.
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Aon to Buy Middle-Market Insurance Broker NFP in $13.4B Deal
Management consulting firm Aon said on Wednesday it will buy privately held NFP in a deal valued at about $13.4 billion to tap the fast-growing middle-market segment of insurance brokerage, wealth management and retirement plan advisory.
Alera Group P/C Outlook: Greater Stability in Commercial Lines, Heightened Challenges in Personal Lines
While there are positive signs – including new capacity coming into the marketplace – unprecedented industry losses and unprofitability in Homeowners and Auto Insurance will significantly impact pricing and availability, especially in catastrophe-prone areas and states with challenging regulations.
Companies Trying to Sort Out How to Comply with SEC Cyber Rules
Some public companies are still trying to figure out how to comply with new rules from the US Securities and Exchange Commission requiring speedy disclosure of significant cyberattacks.
ITRC: 2024 Cyber Predictions
The Identity Theft Resource Center® (ITRC), a nationally recognized nonprofit organization established to support victims of identity crimes and compromises, has released its 2024 predictions.
Vertical Integration Results in More Medical Care, Higher Claim Costs, and Longer Recovery after Injuries
A new Workers Compensation Research Institute (WCRI) study found that vertical integration results in more medical care, higher claim costs, and longer recovery among workers injured on the job.
How Sea Rise Could Reshape South Florida Neighborhoods
As sea levels push ever higher, the question of when — and where — it will affect South Florida’s real estate market is a big one.
New Study: People Are Leaving Some Neighborhoods Due to Floods
Hundreds of thousands of neighborhoods in the United States are seeing population decline as a result of flooding, new research suggests. Those neighborhoods are often located in areas that are growing in population overall, including parts of Florida, Texas and the region around Washington, D.C.
Florida Insurance Market Shows Recovery Signs After Steep Rate Increases
Last year, lawmakers put new reforms in place, and now Florida’s insurance commissioner says the bleeding has stopped and the state is seeing improvements but is the industry finally in the clear?
Healthcare Cyberattacks Impacted More than 100M People in 2023
It appears 2023 has been a record-setting year in terms of the number of victims of cyberattacks, says John Riggi, national cybersecurity advisor for the American Hospital Association.