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Sicily’s Cyclone Harry Tests Italian Mandatory Insurance Plan
A cyclone that wreaked more than €1 billion ($1.14 billion) in damage along Sicily’s coast has also exposed a flaw in Italy’s push to expand mandatory insurance against natural disasters. Businesses were insured, but not for the risks they faced …
POSTED JULY 23, 2026 10:47 AM |
Texas, Louisiana Face Searing Heat Wave Exacerbated by Storm
Texas and Louisiana are sweltering under dangerous heat exacerbated by Tropical Storm Bertha, which made landfall Wednesday afternoon and is helping push Texas electricity demand to another record. Heat index temperatures in eastern Texas and northwest Louisiana may reach 120F …
POSTED JULY 23, 2026 7:00 AM |
Deja Vu as Berkley Bashes Delegated Underwriters
W.R. Berkley’s CEO wasted no time addressing the issue that has been stuck in his craw for at least a year. “We continue to have great concern around much of the [delegated underwriting authority] model and how it’s participating in …
POSTED JULY 23, 2026 5:45 AM |
Majority of Small Business Are Underinsured as Other Expenses Prioritized
New small business owners are more likely to have proper business insurance than those that have been operating longer. Even so, a majority of small businesses remain underinsured. That’s according to a new survey by ERGO NEXT which found that …
POSTED JULY 23, 2026 5:12 AM |
Man Tied to $100 Million NJ Deli Scam Gets 21 Months in Prison
A twice-convicted felon who helped orchestrate a scheme to inflate the value of a small New Jersey delicatessen to more than $100 million was ordered to spend 21 months behind bars. James Patten, 67, was sentenced Tuesday by US District …
POSTED JULY 23, 2026 5:00 AM |
Uber, Lyft Win Court Block on NYC Law Requiring Notice Before Firing Drivers
A federal judge has ruled that New York City cannot prohibit Uber Technologies and Lyft rom deactivating drivers from their apps without advance notice, ruling that the novel law is unconstitutional. U.S. District Judge Gregory Woods in Manhattan said in …
POSTED JULY 23, 2026 5:00 AM |
People Moves: UCA Promotes Eusebio to VP of Operations
UCA General Insurance Services, Inc. promoted Laurie Eusebio to vice president of operations. The new role will include a range of responsibilities involving all departments in the firm. Eusebio started with UCA in 2006 as a marketing assistant. Since then, …
POSTED JULY 23, 2026 5:00 AM |
New York Law Enforcers Learn Best Practices for Battling Auto Insurance Fraud
On Wednesday, nearly 270 New York law enforcement officials participated in a specialized training on combatting auto insurance fraud at the New York State Police Academy in Albany. Participants hailed from 55 agencies including the New York State Police, local …
POSTED JULY 23, 2026 5:00 AM |
FDA Says It’s Investigating Another Cyclospora Parasite Outbreak
The US Food and Drug Administration said it’s investigating yet another outbreak of the diarrhea-causing cyclospora parasite, with 72 cases tied to an unknown source. The latest infections disclosed by the agency on July 22 add to the surge of …
POSTED JULY 23, 2026 4:03 AM |
As Parasite Spawned Chaos, Taylor Farms Slow-Walked Response
The US Food and Drug Administration had apologized, Taylor Farms said in a post on X. An agency lab test linking its produce to the country’s worst cyclosporiasis outbreak in decades was a false positive. Not only that, but the …
POSTED JULY 22, 2026 7:15 PM |
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