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Michigan Construction Company Sued for Allegedly Scamming Customers

by lpiccitto | Jul 15, 2025 | Uncategorized

Michigan Attorney General Dana Nessel announced a lawsuit against Hummingbird Construction Co., LLC and its owner, Matthew Ashline, for allegedly scamming multiple customers by accepting deposits for construction projects never started and then failing to return the...

Commerce Department Launches Investigation of Drones, Setting Stage for Tariffs

by lpiccitto | Jul 15, 2025 | Uncategorized

The US Commerce Department launched investigations into imports of drones, parts for unmanned aerial vehicles and for polysilicon, a key material for solar power, setting the stage for possible tariffs on those goods. The probes were launched on July 1 …

TWIA Actuarial Committee Recommends No Rate Change for 2026 Policies

by lpiccitto | Jul 15, 2025 | Uncategorized

The Texas Windstorm Insurance Association actuarial and underwriting committee on Monday voted to recommend no rate change for 2026 residential and commercial policies. The TWIA board of directors will consider the recommendation when they meet on August 5. TWIA must...

California Insurance Commissioner OKs Higher Workers’ Pure Premium Filing

by lpiccitto | Jul 15, 2025 | Uncategorized

California Insurance Commissioner Ricardo Lara approved a higher September 1, 2025, pure workers’ compensation premium rate filing. The decision followed a filing by the Workers’ Compensation Insurance Rating Bureau of California. The WCIRB submitted the filing to the...

Trump Set to Outline AI Priorities in Speech Asserting US Edge

by lpiccitto | Jul 15, 2025 | Uncategorized

President Donald Trump plans to deliver a major address on artificial intelligence next week to outline his vision for ensuring American dominance in AI, marking his biggest statement on an emerging technology at the heart of the US-China rivalry. Trump …

Insured Losses From US Hurricanes Could Rise by 50% With Global Warming

by lpiccitto | Jul 15, 2025 | Uncategorized

Insured losses from U.S. hurricanes could rise by nearly 50% under a 2°C (3.6°F) global warming scenario, according to MS Amlin, the Lloyd’s global re/insurer. A peer-reviewed study published in the Journal of Catastrophe Risk and Resilience shows that climate...
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