AXA XL has added new coverages to its pollution and remediation liability insurance for lenders, further protecting them from losses in the event of a loan default. The Protective Environmental Asset Coverage Enhancement (PEACE) endorsement, which can be added to …

A new survey found three overarching themes that affect the purchase of flood insurance centered on awareness, action, and coverage misconceptions, according to Chubb’s Flood Risk and Resilience report. The survey of more than 1,500 high-net-worth homeowners, commercial businesses, agents, …

Most carriers today generate leads from a mix of sources: agent driven activity, direct-to-consumer campaigns, affinity partnerships, and embedded insurance programs. Yet as acquisition costs rise and distribution ecosystems grow more complex, an insurance carrier’s competitive advantage is increasingly defined …

Danone has recalled at least three batches of its Aptamil baby formula in Germany, a letter to a wholesaler showed on Thursday, as the French food producer scrambles to contain a scare over a toxin contamination that started with Nestle …

MSP Recovery, a now-famous Miami litigation firm, has won some and lost some in federal and state appeals courts during a decade-long enterprise that has earned it millions of dollars in fees for, essentially, moving funds from auto insurers to …

Trucordia Appoints Nelson as VP of Public Relations Trucordia hired Jason Nelson as vice president of public relations, a new role focused on the firm’s PR strategy, media presence, community engagement and brand. Nelson has more than two decades of …

Oregon recorded fewer accepted disabling workers’ compensation claims in 2024 even as statewide employment continued to rise, new data from the state’s Department of Consumer and Business Services show. The Oregon Workers’ Compensation Division received 21,749 accepted disabling claims last …

The federal investigation into the crash of a private jet that killed six people at Bangor International Airport has been hampered by extreme weather, the airport’s director said Wednesday, including deep snow that has blanketed the scene and covered the …

Los Angeles County District Attorney Nathan Hochman asked the county to hold off on making initial payments for a landmark $4 billion sexual abuse settlement while his office conducts a criminal investigation of potentially fraudulent claims. In a letter to …

Hours before a deadly explosion ripped through a Pennsylvania nursing home last month, staff grew concerned about the smell of natural gas on several floors and brought in workers from the local utility company to check it out, federal regulators …

New York and most of the Northeast will likely be spared the worst of a new winter storm this weekend that still may clip Cape Cod and eastern New England.

The Missouri Department of Commerce & Insurance (DCI) sent a bulletin to insurers this week requesting they provide current catastrophe/disaster coordination contact information. The bulletin, sent on Jan. 27, says that the contact should be available to communicate directly with …

For many of the nearly 28 years since the Tampa Bay Rays held their inaugural game in St. Petersburg’s domed stadium, they have been looking for a bigger, better deal. Tropicana Field’s location, across Tampa Bay from the much-larger population …

An Alabama insurance agent running for governor is challenging U.S. Sen. Tommy Tuberville’s eligibility to seek the office, accusing the football coach-turned-politician of not meeting the legal requirement to have lived in the state for seven years. Ken McFeeters, who …

Europe’s food safety regulator will publish advice on what is an acceptable level of the toxin currently at the heart of one of the biggest infant formula recalls in history. The European Food Safety Authority will establish an “acute reference …

A fire in a commercial plaza in Thomaston, Connecticut damaged five businesses including a popular restaurant, Patti’s Place. Firefighters battled the building fire on Park Street late Tuesday night and into Wednesday morning. “Crews started with an aggressive interior attack, …

A wave of cyberattacks has hit Bumble Inc., Panera Bread Co., Match Group Inc., and CrunchBase Inc., as cybersecurity experts warn about a new round of social engineering attacks targeting US companies. Bumble Inc., the parent company of dating apps …

Arch Insurance International (Arch) announced the launch of its event cancellation cyber coverage, which is available through both the London market and Arch’s instant quote and bind platform, Arch IQ. Offered as a cyber extension to an event cancellation policy, …

The United States is handing over to Venezuela a tanker that it seized this month, two U.S. officials told Reuters on Wednesday. The United States has been carrying out a months-long effort to seize oil tankers linked to Venezuela – …

Australia hit a new clean energy milestone during the December quarter, even as power demand rose over 2.2% from a year earlier, the Australian Energy Market Operator (AEMO) said on Thursday. Gas-fired generation fell to its lowest level since 2000, …