News
NFP Acquires Minnesota's Sherman
2+ hour, 25+ min ago (572+ words) NFP, an Aon company and leading property and casualty (P&C) broker and benefits consultant, announced the acquisition of Sherman Insurance Agency, Inc., a full-service agency specializing in trucking, commercial, personal and benefits insurance solutions. Based in South St. Paul, Minnesota,…...
Toilet Paper Warehouse in California Destroyed by Fire; Employee Arrested
10+ hour, 40+ min ago (266+ words) A Kimberly-Clark Corp. employee has been arrested on arson charges after a massive fire broke out Tuesday morning at a California distribution center that serves around 50 million people. The facility " located in Ontario, California, about 35 miles outside of Los Angeles…...
Avalanche Experts Question Decisions by Guides on Deadly California Backcountry Trip
10+ hour, 41+ min ago (749+ words) Two months after the deadliest avalanche in modern California history, an analysis by leading U.S. experts is questioning the decisions by the guides to lead such a large group through dangerous terrain amid avalanche warnings. Related: Ski Guides in Spotlight as…...
California AG Opposing Oil Pipeline Special Permit to Waive Safety Regulation
20+ hour, 59+ min ago (286+ words) California Attorney General Rob Bonta is opposing efforts to wave safety regulations for the Sable oil pipeline. Bonta filed a comment letter opposing the U.S. Pipeline and Hazardous Materials Safety Administration's consideration of Sable Offshore Corp.'s request for a special…...
GAO: Wind Risk Linked to Larger Insurance Premium Jumps Than Wildfire
1+ day, 1+ hour ago (353+ words) A new report from the Government Accountability Office finds that average premium increases between risk levels are larger for wind than for wildfire. Between 2019 and 2024, homes in areas classified as severe or extreme wind risk had premiums about 58% higher on…...
Risk & Insurance Education Alliance Opens Nominations for Outstanding CSR of the Year 2026
1+ day, 6+ hour ago (231+ words) This article is part of a sponsored series by Risk & Insurance Education Alliance. The Risk & Insurance Education Alliance is proud to announce that nominations and applications are now open for the 2026 Outstanding Customer Service Representative of the Year competition'an annual…...
Connecticut Weighs P/C Insurance Surcharge to Fund Local Infrastructure Resilience
1+ day, 10+ hour ago (659+ words) Connecticut lawmakers are considering placing a 5% surcharge on commercial property/casualty insurance policies for fossil fuels-related companies at a time when rising insurance premiums and utility bills are concerns. The surcharge is intended help fund local communities" efforts to fortify…...
San Francisco House Prices Hit Record $2.15 Million on AI Boom
1+ day, 10+ hour ago (231+ words) San Francisco's median house price jumped to a record $2.15 million in March, up 18% from a year earlier as wealth generated by artificial intelligence startups flooded the city, according to brokerage Compass Inc. Condo prices also surged, rising 27% to $1.36 million, Compass…...
California's Last Nuclear Power Plant OK'd to Run Through at Least 2030
2+ day, 10+ hour ago (218+ words) Federal regulators approved an operating license extension for California's last-standing nuclear power plant, which under state law can run until at least 2030, the governor of the most populous U.S. state said last week. PG&E's Diablo Canyon Nuclear Power Plant on…...
Delos Says It Has Expanded Eligibility by 1M California Homes in Wildfire-Stressed Areas
2+ day, 10+ hour ago (606+ words) Delos Insurance Solutions says it has increased access to its insurance by more than 1 million homes in wildfire-stressed locations across California in the past 12 months with new capacity. The property insurance MGA said it is also able to " Delos Insurance…...