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Tag: insurance-journal

Legal Risks Seen Accelerating Climate Adaptation Plans
Insurance Journal | August 1, 2025
Legal Risks Seen Accelerating Climate Adaptation Plans
Countries that fall short in efforts to limit global warming to 1.5°C face growing legal risks that could push them to accelerate climate adaptation efforts. The threat of lawsuits now looms over companies and governments that don’t take aggressive climate …
Indianapolis Man Sentenced to 8 Years for Setting Fire to Bus and Station
Insurance Journal | August 1, 2025
Indianapolis Man Sentenced to 8 Years for Setting Fire to Bus and Station
An Indianapolis man has been sentenced to eight years in federal prison after pleading guilty to setting fire to an IndyGo bus and bus station, causing approximately $1.8 million in damage. Demarcus McCloud, 46, was sentenced to eight years in …
Oklahoma Man Charged with Damaging TV Station’s Weather Radar
Insurance Journal | August 1, 2025
Oklahoma Man Charged with Damaging TV Station’s Weather Radar
An Oklahoma man is facing charges for damaging the weather radar equipment of a local TV station, the office of Attorney General Gentner Drummond announced. Anthony Tyler Mitchell, 39, allegedly vandalized the power supply of News 9’s NextGen live radar. …
People Moves: CFC Appoints Laudadio US Healthcare Practice Leader
Insurance Journal | August 1, 2025
People Moves: CFC Appoints Laudadio US Healthcare Practice Leader
CFC, a specialist insurance provider headquartered in London, appointed Kyle Laudadio as healthcare practice leader in the U.S. Laudadio will lead the expansion of strategic broker relationships onshore in the U.S. Laudadio has over 15 years of industry experience in …
EEOC Sued Over Handling of Transgender Worker Discrimination Complaints
Insurance Journal | August 1, 2025
EEOC Sued Over Handling of Transgender Worker Discrimination Complaints
Legal groups sued the U.S. Equal Employment Opportunity Commission on July 29, claiming it is unlawfully refusing to enforce federal workplace protections for transgender workers. Led by Acting Chair Andrea Lucas, a Republican, the federal agency charged with enforcing laws …
US Reversal on Key Climate Finding Spells Uncertainty for Business
Insurance Journal | August 1, 2025
US Reversal on Key Climate Finding Spells Uncertainty for Business
The Trump administration has billed its plan to undo U.S. climate regulation as a way to cut costs for industry, but it may backfire by forcing automakers, utilities, and manufacturers into a future of regulatory uncertainty and litigation risk, according …
Florida OIR Approves 31.5% ‘Catch-up’ Rate Increase for TRUE, Despite Missed Filings
Insurance Journal | August 1, 2025
Florida OIR Approves 31.5% ‘Catch-up’ Rate Increase for TRUE, Despite Missed Filings
Florida’s Office of Insurance Regulation this week approved an average 31.5% increase in homeowner rates for Trusted Resource Underwriters Exchange – one of the largest Florida rate hikes in two years – despite questions about irregularities by the company and …
California Commissioner Takes Legal Action Against FAIR Plan for Smoke Damage Claims
Insurance Journal | July 31, 2025
California Commissioner Takes Legal Action Against FAIR Plan for Smoke Damage Claims
California Insurance Commissioner Ricardo Lara is taking legal action against the California FAIR Plan Association for reportedly denying and limiting smoke damage claims from wildfire survivors. The California Department of Insurance filed an order to show cause against the FAIR …
No Mention of Robotaxi as Tesla Launches Ride-Hailing in San Francisco
Insurance Journal | July 31, 2025
No Mention of Robotaxi as Tesla Launches Ride-Hailing in San Francisco
Tesla launched a ride-hailing service in the San Francisco Bay Area on Thursday, without indicating whether it would be using self-driving vehicles that power its Austin, Texas operations. California has not permitted Tesla to offer robotaxi service, and the limited …
PERILS Offers Severe Convective Storm Loss Reporting for Europe, Japan, New Zealand
Insurance Journal | July 31, 2025
PERILS Offers Severe Convective Storm Loss Reporting for Europe, Japan, New Zealand
PERILS AG, the independent Zurich-based company that provides industry-wide catastrophe insurance data, announced the inclusion of severe convective storm (SCS) industry loss reporting for Europe (Austria, Belgium, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Switzerland, United Kingdom), Japan and New Zealand. …