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Bill Would Change Maritime Liability Rules After California Boat Fire

Federal lawmakers introduced legislation this week that would change 19th century maritime liability...

Insurance Journal / Article / 1 day ago
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Marine Liability

Feds Analyzing Fractured Gas Pipeline in Arizona Explosion

The National Transportation Safety Board released its preliminary report on last month's gas line explosion in Coolidge, Ariz., that destroyed a home and...

Insurance Journal / Article / 1 day ago
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Casualty Onshore Energy

Former New York Insurance Broker Sentenced to Prison for $1M Fraud Scheme

A former insurance broker is going to prison for defrauding insurance companies and individual investors out of more than $1 million...

Insurance Journal / Article / 1 day ago
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Law P I (E&O)

Projections on Drought-Stricken Colorado River More Dire

The U.S. government released projections Wednesday that indicate an even more troubling outlook for a river that serves 40 million people in the American...

Insurance Journal / Article / 1 day ago
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Environment & Climate Parametrics

Insured Price Tag for Canada's Summer Storms and Wildfires Nears C$200M

Two storms that raged across Alberta and Saskatchewan in Canada in July and August caused C$120 million (US$94.5 million) in insured damage...

Insurance Journal / Article / 1 day ago
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Claims & Losses Property - North America

Citizens Warns of Exposure Risk as Policy Count Grows

Citizens Property Insurance Corp. president Barry Gilway said at a Wednesday board of governors meeting that the organization is considering "all ideas to...

Insurance Journal / Article / 2 days ago
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Claims & Losses Property - North America

Private Flood Insurance Market Small But May Grow With New NFIP Rating: AM Best

The country's flood insurance market is slowly transitioning toward private insurers providing additional options to the federal government's program for...