by lpiccitto | Jun 17, 2025 | Uncategorized
Mercury Insurance, headquartered in Los Angeles, California, appointed Steve Bennett as its senior director of climate and catastrophe science. In this new position, Bennett will build and lead a team focused on identifying ways Mercury and its policyholders can be...
by lpiccitto | Jun 17, 2025 | Uncategorized
“Don’t say this is going to be the worst fire season,” Nevada Gov. Joe Lombardo jokingly told State Forester and Fire Warden Kacey KC at a June 10 wildfire briefing in Carson City. “You say that every year.” KC smiled …
by lpiccitto | Jun 17, 2025 | Uncategorized
MoneyGram agreed to pay a $250,000 fine to settle a New York state lawsuit over its remittance transfers, two months after the U.S. Consumer Financial Protection Bureau withdrew from the civil case. The accord announced on Monday by New York …
by lpiccitto | Jun 17, 2025 | Uncategorized
ZestyAI has announced a four-year extension of its partnership with the California FAIR Plan. The Golden State’s insurer of last resort has tapped ZestyAI’s Z-FIRE wildfire risk model for risk assessment since 2021. That model leverages AI-driven analysis of more...
by lpiccitto | Jun 17, 2025 | Uncategorized
Newly posted data from Florida regulators show that, in the last three years, the number of property insurance policies in the state has risen only slightly while direct premium written and average premiums have climbed significantly. The first-quarter 2025 data...
by lpiccitto | Jun 17, 2025 | Uncategorized
India’s deadliest plane crash in more than decade is set to send shock waves through the aviation insurance industry and trigger one of the country’s costliest claims, estimated at around $475 million. “This aviation insurance claim could be one of …