by lpiccitto | Apr 23, 2025 | Uncategorized
Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit coverage in California communities at high risk for wildfires and force homeowners onto the state’s last-resort insurance plan that offers basic coverage and high premiums....
by lpiccitto | Apr 23, 2025 | Uncategorized
Washington, D.C.-based BreachBits has received an investment of an undisclosed amount from Lloyd’s in what is the London-based global insurance marketplace’s third strategic innovation investment from among over 150 alumni of the Lloyd’s Lab. This investment follows...
by lpiccitto | Apr 23, 2025 | Uncategorized
A federal jury in Manhattan on Tuesday found the New York Times NYT.N not liable for allegedly defaming Sarah Palin in a 2017 editorial about gun control, dealing the former Republican U.S. vice presidential candidate a second loss at trial. …
by lpiccitto | Apr 23, 2025 | Uncategorized
Markel Insurance announced that its U.S. and Bermuda operations, previously known as Markel Specialty, are being divided into two business divisions: US Wholesale and Specialty, and Programs and Solutions. The changes follow the appointment of Simon Wilson as chief...
by lpiccitto | Apr 23, 2025 | Uncategorized
A major wildfire in southern New Jersey’s Ocean County expanded last night and has led to the evacuation of 3,000 people and is threatening more than 1,320 structures. The New Jersey Forest Fire Service reported last night at 10 p.m. …
by lpiccitto | Apr 23, 2025 | Uncategorized
Cybercrime of all stripes cost victims globally more than $16 billion dollars last year, the Federal Bureau of Investigation said in a report released on Wednesday. The losses—a one-third increase over 2023—were largely driven by low tech scams, such as …