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Severe Weather Outbreak Threatens Central U.S. with Tornadoes and Large Hail
A multi-day severe weather outbreak is expected to bring heavy thunderstorms, large hail and the threat of tornadoes across the central U.S. Parts of the Upper Midwest – particularly southern and western Minnesota and northern Iowa – is at highest …
POSTED APRIL 28, 2025 4:51 PM |
CIBA Expands NexEdge in Midwest and Southeast
CIBA, a commercial real estate insurance program, announced the expansion of its NexEdge individual limits property product to the Upper Midwest and Southeast regions. The expansion builds on the success of the program’s initial launch of NexEdge in the Western …
POSTED APRIL 28, 2025 4:27 PM |
Midwest Trucking Company to Pay $45K Over Discrimination Disability Lawsuit
Mail Hauler Trucking, LLC., which delivers mail for the United States Postal Service in North Dakota and South Dakota, will pay $45,000 and provide other relief to settle a U.S. Equal Employment Opportunity Commission (EEOC) disability discrimination lawsuit, the federal …
POSTED APRIL 28, 2025 4:20 PM |
Brokers Aon and WTW Each Report Steady Organic Growth of 5% in Q1
The brokers Aon and WTW both reported organic revenues of 5% for the first quarter of the year, level with Q1 2024. Aon’s total revenue in the first quarter increased 16% to $4.7 billion compared to $4.1 billion during Q1 …
POSTED APRIL 28, 2025 3:48 PM |
New SEC Chair Says Crypto Sector Deserves Clear Regulations
The new head of the U.S. Securities and Exchange Commission on Friday said that the agency has stifled innovation for the cryptocurrency sector by fostering “regulatory uncertainty” in prior years. “Market participants engaging in this technology deserve clear regulatory rules …
POSTED APRIL 28, 2025 3:00 PM |
New Jersey’s Jones Road Wildfire Now 65% Contained
The New Jersey Forest Fire Service has continued to make progress fighting the Jones River wildfire. The service reported the fire was 65% contained by Sunday morning April 27. However, the service repeated a warning from the National Weather Service …
POSTED APRIL 28, 2025 2:06 PM |
WV Commissioner Posts Guidelines on Insurers’ Use of Aerial Images
After receiving multiple inquiries about the use of aerial images in property insurance nonrenewals, West Virginia’s insurance commissioner has posted guidelines for insurers’ use of the technology. In a bulletin this month, Commissioner Allan McVey reminded insurance companies that aerial …
POSTED APRIL 28, 2025 1:39 PM |
Spain and Portugal Hit With Worst European Blackout in Years
Most of Spain and all of Portugal were hit by a major blackout that impacted public transport, airports and phone service, leaving authorities scrambling to find the causes for one of the worst outages in Europe in years. Data from …
POSTED APRIL 28, 2025 1:30 PM |
Trawick International Moves HQ From Alabama to Miami
Trawick International, a longtime provider of travel insurance, student insurance and specialty coverage, is moving its headquarters from the quiet streets of Fairhope, Alabama, to Miami. “Miami is a thriving, diverse, and internationally connected city that mirrors our company’s mission …
POSTED APRIL 28, 2025 1:08 PM |
Vermont Takes Over Medical Liability Insurer CARE RRG Facing $35.4M Judgment
A Vermont Superior Court has approved a state takeover and rehabilitation plan for a medical professional liability insurer for 1,300 physicians that the state says is in hazardous financial condition as a result of a $35.4 million arbitration judgment against …
POSTED APRIL 28, 2025 12:40 PM |
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