Britain’s M&S Stops Taking Online Orders After Cyber Attack
Marks & Spencer stopped taking online orders in the UK and Ireland on Friday following a cyber attack which it reported earlier in the week, an announcement which sent its shares down by 5%. The British company, which sells its …
California Wildfire Losses Cause 16% Fall in The Hartford’s Q1 Net Income
Net income at The Hartford decreased 16% to $630 million in the first quarter 2025, driven by losses from the California wildfires. Property/casualty catastrophe losses for Q1 2025 were $467 million pretax—$325 million, net of reinsurance, from the California wildfires …
Lawmakers Agree to Pay $807M Into Lahaina Wildfires Settlement Fund
It’s not often that applause breaks out in the audience after a vote at the Hawaiʻi Legislature, but that one afternoon this week. The measure was House Bill 1001, and the subject was settling claims related to the August 2023 …
Father of Tesla Cybertruck Crash Victim Files Lawsuit Over Death
The family of one of three college students who died in a Cybertruck crash in California filed a lawsuit in a bid to gain access to the Tesla Inc. pickup and better understand how their daughter died. The driver and …
UK Water Bosses Face Up to Two Years in Prison for Polluting
Britain’s water company bosses will face up to two years in prison and be banned from taking bonuses for covering up sewage spills under new legislation in force from Friday. The new measure delivers on the government’s promise to bring …
Heavily-Forested New Hampshire Enters Wildfire Season
Despite rain statewide this month, the New Hampshire Forest Protection Bureau reports that 72% of the Granite State is currently experiencing abnormally dry conditions. The bureau is reminding the public that spring is the beginning of the state’s wildfire season …
NJ Wildfire Update: 50% Contained; High Spread Risk Today; Suspect in Custody
At a time when firefighters are battling one of the worst wildfires in New Jersey’s history, there is an increased risk for rapid fire spread this afternoon across portions of the Garden State and eastern Pennsylvania, according to the National …
People Moves: 3 Key Exec Roles Filled in Everest Wholesale Business; Willis Appoints Merker to Lead P/C Broking Sales
Everest of Warren, New Jersey, made three key leadership appointments to the company’s U.S. wholesale business, Everest Evolution. Matt Meserole has been named head of excess casualty, overseeing the strategic direction and underwriting performance of the Everest Evolution Excess Casualty …
More Americans Breathe Unhealthy Air Due to Wildfires, Extreme Heat
Around 156 million Americans, nearly half of the US population, now live in areas with unhealthy levels of air pollution, part of a trend toward declining air quality as climate change-related extreme weather events like wildfires occur more frequently. That’s …
World’s Biggest Companies Have Caused $28 Trillion in Climate Damage: Study
The world’s biggest corporations have caused $28 trillion in climate damage, a new study estimates as part of an effort to make it easier for people and governments to hold companies financially accountable, like the tobacco giants have been. A …
Baloise Says Main Shareholder Patria Buys 9.35% Stake Ahead of Helvetia Merger
Baloise on Friday said that Patria Genossenschaft had acquired a 9.35% stake in the Swiss insurer, which this week announced plans to merge with competitor Helvetia. Patria is Helvetia’s main shareholder. The shares were acquired from Cevian Capital, Baloise said, …
Forecast Calls for Wildfires to Burn More Land Across US This Year
A Long-range forecast predicts wildfires will burn more land across the U.S. this year, with a potentially active spring in places and a build up into summer.
Dog Bite Claims Soar in Frequency and Cost: Report
Insurers in the U.S. paid out about $1.6 billion in dog-related injury claims in 2024, according to data compiled by the Insurance Information Institute (Triple-I) and State Farm. The number of dog bite and related injury claims last year totaled …
Florida Class Action Targets Litigation Funding Firm Over Data Breach
Third-party litigation financing have become big business across the country, much to the chagrin of businesses and insurance companies that have faced multi-million lawsuit verdicts. But now one Florida-based litigation funding firm, which has loaned money to plaintiffs in a …
People Moves: Virginia’s Workers’ Comp Commission Names Two Deputy Judges
The Virginia Workers’ Compensation Commission Names Two New Deputy Commissioners The Virginia Workers’ Compensation Commission (VWCC) has named two new deputy commissioners, Frederick T. Schubert II and Christopher R. Wilson. Schubert and Wilson will serve as administrative law judges under …
Medical Evaluator Demand Grows in California Workers’ Comp System
The number of qualified medical evaluators in California’s workers’ compensation system has increased since 2019, but the demand for their services has overtaken this growth, a new analysis shows. Between 2019 and 2024, the number of state-certified evaluators increased by …
More Russian Insurers Seek Indian Nod for Oil Tanker Coverage
Four new Russian companies have sought India’s approval to provide insurance for crude oil tankers docking at ports in the South Asian nation, according to people familiar with the matter. India’s shipping ministry is considering applications from Sberbank Insurance, which …
New Jersey Sues RealPage, Claiming Collusion With Landlords Drives Up Rents
New Jersey sued the property management software company RealPage, accusing it and 10 of the state’s largest landlords of conspiring to drive up residential rents, violating federal and state antitrust laws and New Jersey consumer fraud laws. The complaint filed …
Why New York and New Jersey Are at Risk of Spring Wildfires
The wildfire scorching southern New Jersey ignited despite a series of downpours in recent weeks — and the region is ripe for more blazes. April’s rains didn’t soak into the ground enough to prevent the fire from erupting at the …
Two Sentenced for Roles in Catalytic Converter Theft Ring
Prosecutors in Connecticut announced sentencing of two men involved in catalytic converter theft and trafficking. Alexander Kolitsas, 31, of Wolcott, was sentenced in Hartford to 60 months in prison, followed by two years of supervised release, for operating a catalytic …

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