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Category: Insurance

The Venetian in Las Vegas Settles Religious Discrimination and Retaliation Suit

The Venetian Resort on the Las Vegas Strip must pay $850,000 and implement policy changes to settle a religious discrimination and retaliation lawsuit. The suit, filed by the U.S. Equal Employment Opportunity Commission, names the Venetian Las Vegas Gaming LLC Read more…


Viewpoint: State Farm’s Wildfire Claims Response Is a Test of Trust and Operational Preparedness

State Farm has long positioned itself as the dependable “good neighbor” ready to help when disaster strikes. Through carefully crafted advertising, the company promotes a sense of comfort, security, and connection. Images of helpful agents arriving with a smile and Read more…


Second Ship Hit in Red Sea After Earlier Houthi Attack

A second vessel was attacked by five rocket-propelled grenades in the Red Sea near Yemen, just a few hours after Houthis claimed responsibility for an earlier attack on a ship sailing in the same area, making voyages through the key Read more…


Deadliest Flooding in Last 25 Years Came in Areas With Low Flood Insurance Take-Up

Flooding has caused an average of more than 125 deaths per year and billions of dollars in damage in the United States over the past few decades, according to the National Weather Service. Flash floods are the nation’s top storm-related Read more…


Erie Insurance Restores All Operations After Month Outage; Says No Data Breached

Erie Insurance reports that it has restored full business operations that have been affected by a month long network outage. The company also said there is “no evidence” of a breach of any sensitive personal information, financial records or legally Read more…


Deadly Texas Flash Floods Cause $18-22 Billion in Damage, AccuWeather Says

The deadly flash floods in Texas that killed more than 100 people over the Fourth of July holiday weekend will cause an estimated $18 billion to $22 billion in total damage and economic loss, AccuWeather said. The weather forecasting service Read more…


Misinformation on Cloud Seeding Swirls After Deadly Texas Floods

In the aftermath of devastating floods in Texas, social media users have spread misinformation that cloud seeding is to blame. Meteorologists have been quick to debunk the claim, but the rumors underline how weather can be a magnet for conspiracy Read more…


Richard Li’s FWD Rises in HK Debut, Reversing Earlier Drop

Billionaire Richard Li’s FWD Group Holdings Ltd. rose in its Hong Kong trading debut, reversing earlier declines, after an initial public offering that raised HK$3.5 billion ($442 million). The insurer’s stock climbed 1.1% to HK$38.40 on Monday, reversing a drop Read more…


North Dakota Unifies Insurance and Securities Departments Under New Law

North Dakota Insurance Commissioner Jon Godfread announced last week that the state’s Insurance and Securities are unifying into following the passage of Senate Bill 2214 during the 2025 legislative session. The new law allows the insurance commissioner to assume the Read more…


CRC Group Agrees to Acquire Lloyd’s Managing Agency Atrium Underwriting Group

CRC Group, the Charlotte, North Carolina-based wholesale specialty insurance distributor, has entered a definitive agreement to acquire Lloyd’s managing agency Atrium Underwriting Group Ltd. from investment funds managed by Stone Point Capital LLC and other investors. Atrium will retain its Read more…