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Texas Winter Storm Brings Slick Roadways, Power Outages

1 day 10 hours ago
More than a quarter-million businesses and households in Central and East Texas did not have power Wednesday morning as a winter storm persisted, immobilizing portions of the state with slick roadways and freezing temperatures. Approximately 258,411 customers, out of about …

Chubb Q4 Net Income Down 39%

1 day 11 hours ago
Fourth quarter 2022 net income at Chubb Ltd. was about $1.3 billion, nearly 39% lower than the same period the prior year, due to catastrophe losses and results in the company’s agriculture business from a below-average crop year. The P&C …

Attacks on U.S. Power Grids Rose to All-Time High in 2022

1 day 11 hours ago
Attacks on US power grids rose to an all-time high last year, further straining the sprawling and aging network. The number of direct physical attacks, including acts of vandalism and other suspicious activity, that potentially threatened grid reliability rose 77% …

$32M Settlement in California Child Welfare Lawsuit

1 day 13 hours ago
Central California’s Tulare County will pay $32 million to settle a lawsuit alleging its child welfare agency failed to respond to reports of abuse involving an infant boy who was hospitalized for malnutrition and suffered brain damage, plaintiffs’ attorneys said …

MPL Insurers Curi and Constellation Agree to Merge

1 day 13 hours ago
Curi Holdings, Inc. and Constellation, Inc., two of the nation’s leading providers of medical professional liability (MPL) insurance, have signed an agreement to merge. Curi CEO Jason Sandner will remain CEO of Curi Holdings, Inc. Constellation President & CEO Ryan …