Over the past decade, there’s been a dramatic increase in reconstruction costs, according to Trish Hopkinson, head of 360Value at Verisk. The 10-year analysis examined residential and commercial reconstruction costs between October 2014 and October 2024. National residential reconstruction costs, …
Rebuilding Costs Rose More Than 60% in the Last Decade: Verisk Read More »
Marlean Ames received numerous promotions and good evaluations over the years working in Ohio’s youth corrections system, so when she was denied a promotion and demoted in 2019 with a $40,000 pay cut she said she felt “shocked and hurt …
Supreme Court Tackles Straight Woman’s ‘Reverse’ Discrimination Case Read More »
New York sued several large e-cigarette manufacturers, distributors and retailers on Thursday, saying they fueled a youth vaping epidemic by selling products with cartoonish packaging and flavors such as Baja Slushie, Strawberry Cereal Donut Milk and OMG Blow Pop. Letitia …
New York Sues Vape Distributors for Fueling Teen Epidemic Read More »
Zurich Insurance Group AG is expecting pretax losses of $200 million from the January California wildfires as the insurer reported a 5% gain in profit for 2024. Group operating profit rose to $7.75 billion in the year, the company said …
Zurich Insurance Sees $200 Million LA Wildfire Loss Read More »
When the garbage truck stopped, the worker stepped down from the metal step on the back of the truck to run and retrieve a trash can. When his feet hit the ground, he heard a pop in his leg, felt …
County Trash Collector’s Workers’ Compensation Claim Thrown Out Read More »
National insurance broker World Insurance Associates LLC announced that it acquired the business of Grandview Brokerage LLC of Brooklyn, New York last November. Grandview provides commercial and personal insurance with niches in the healthcare, real estate, and jewelry industry. Michael …
World Insurance Acquired Grandview Brokerage of Brooklyn Read More »
AM Best revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) for the members of Mercury Casualty Group. Concurrently, AM Best revised …
AM Best Revises Outlooks to Negative for Mercury and Subsidiaries Over LA Wildfires Read More »
AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings to “aa-” (Superior) from “a+” (Excellent) of Permanent General Assurance Corporation, Permanent …
AM Best Upgrades Credit Ratings of The General Following Sentry Acquisition Read More »
Airbnb is suing the City of New Orleans for requiring the company and short-term rental platforms ensure properties they market are in compliance with city laws. “What we’re looking at now due to Airbnb’s lawsuit is that they do not …
Airbnb Files Lawsuit Against City of New Orleans Over Regulation Dispute Read More »
Intense cold will grip the central and southern US for at least another day, sending temperatures to all-time lows in some cities before milder weather is set to arrive over the weekend. At least 40 daily cold records have been …
Winter Chill Gripping Central US Breaks Temperature Records Read More »
