The Federal Emergency Management Agency said it needs to borrow $2 billion from the U.S. Treasury to cover claims from National Flood Insurance Program policyholders. FEMA, administrator of NFIP, said it expects to pay out more than $10 billion in …
FEMA to Borrow $2B to Pay Flood Claims After Hurricanes Helene and Milton Read More »
Oil refiners in India — eager to keep importing cheap crude from Russia — are working with merchants, shippers and other middlemen to rebuild supply chains as tougher US sanctions come into effect. Speaking on the sidelines of India’s flagship …
India Is Building a Sanctions-Proof Supply Chain for Russian Oil Read More »
California’s Highway One, stretching more than 650 miles along the Pacific Coast, is one of America’s most popular roadways because of its breathtaking views. Yet, since 2023, large chunks of it have been closed. That year, a series of atmospheric …
These Roads Aren’t Built for Wilder Weather Driven by Climate Change Read More »
The European insurance sector saw high levels of claims inflation in 2024. In motor-related material damage in particular, claims inflation is still outpacing the Consumer Price Index, and we could see primary insurers continuously increasing premium rates in 2025. While …
Viewpoint: New Year, Old Challenges for European Insurers Read More »
A renewed and expanded effort from chemical giant Bayer to shield itself from lawsuits that claim its popular weedkiller Roundup causes cancer brought dozens of protesters to the Iowa Capitol building Monday begging lawmakers to reject it. The legislation, pending …
Bayer Broadens Effort to Shield Itself From Claims Weedkiller Caused Cancer Read More »
WAYNESVILLE, N.C. (AP) — A section of Interstate 40 in western North Carolina that collapsed during Hurricane Helene’s historic flooding will reopen to traffic by March 1, Gov. Josh Stein announced Monday while visiting the roadway’s shuttered portion and meeting …
Stretch of NC Interstate that Collapsed in Helene to Reopen by March 1 Read More »
The Mississippi Senate passed a bill Thursday that would eliminate diversity, equity and inclusion programs from the state’s universities, a priority elevated by Republican President Donald Trump. Senate Republicans passed the bill with a party line 34-14 vote. The move …
Mississippi Senate’s University DEI Ban Goes to Negotiations With House Read More »
The Catholic Diocese of Trenton, New Jersey has sued its liability insurers over their alleged “failure and refusal” to agree upon a cost-sharing formula to deal with hundreds of sexual abuse claims brought against the diocese under the New Jersey …
Trenton Diocese Sues Four Insurers Over Coverage for Child Victim Claims Read More »
This post is part of a series sponsored by Darkhorse Insurance. The insurance industry is evolving rapidly in 2025, making it the perfect time to learn how to become an independent insurance agent. Agents should embrace flexibility and autonomy due …
Making the Shift in 2025: How to Become an Independent Insurance Agent Read More »
This post is part of a series sponsored by IAT Insurance Group. The post-pandemic workplace has brought significant changes to the employment liability landscape. Disability discrimination and retaliation claims have emerged as some of the most complex and frequent issues, …
Management Liability Insights for 2025: The changing landscape of employment claims Read More »
