The administration of President Donald Trump aims to eliminate the arm of the National Oceanic and Atmospheric Administration that oversees research on climate change, and refocus the U.S. fisheries service to support energy development, according to a draft White House …
White House Proposes Elimination of NOAA Climate Research in Budget Proposal Read More »
Australia’s competition regulator said on Monday Clorox’s local unit had been fined A$8.25 million ($5.19 million) by the Federal Court over falsely claiming its GLAD kitchen and garbage bags were partially made from recycled ocean plastic. The Australia Competition and …
Clorox Australia Fined $5.2 Million Over False Claims of Using Recycled Plastic Read More »
Security First Insurance, one of the larger carriers in Florida, with 136,500 policies in force, has elevated two people to key positions. Scot Moore was named chief financial officer, the insurer said in an announcement Monday. Moore has 20 years’ …
People: Florida-Based Security First Elevates Two to Key Roles Read More »
Southern California Edison (SCE), a subsidiary of utility Edison International, said on Friday it had submitted an initial plan to rebuild the areas within its service territory that were devastated by the Los Angeles wildfires in January. The preliminary plan …
Southern California Edison Lays Out $925M Plan to Rebuild After LA Wildfires Read More »
Five people have been charged in a large-scale insurance fraud scheme involving misrepresented life insurance policies that resulted in fraudulent commissions totaling over $1.4 million. The five, which include a former insurance agent, reportedly fraudulently obtained more than $1.4 million …
Five Charged in Multi-Million-Dollar Insurance Fraud Case Read More »
Weeks after deadly fires swept through Los Angeles County, the state regulator in charge of overseeing utility companies declined a request that would have required California’s largest utilities to update maps showing high fire threat areas. Consumer advocates argued for …
Could Utility Gear Set Your Neighborhood on Fire? California Risk Maps Are 8 Years Old Read More »
An Idaho man pleaded guilty to one count of felony insurance fraud for diverting fiduciary funds for personal use. Johnny Mateo Robles, Jr. of Twin Falls, pleaded guilty to one count of felony insurance fraud for diverting fiduciary funds that …
Idaho Bail Agent Convicted of Insurance Fraud for Mishandling Funds Read More »
A former Massachusetts State Police trooper has agreed to plead guilty to his role in an alleged conspiracy to falsify records by giving passing scores to certain commercial driver’s license (CDL) applicants even if they failed the CDL test or …
Ex-State Trooper to Plead Guilty to Falsifying Commercial Driver’s License Scores Read More »
A Connecticut agent for Allstate Insurance may be sued by an insured who faults the agent for not renewing a flood insurance policy in a timely fashion, thereby depriving the insured of the benefit of lower “grandfathered” flood insurance coverage. …
Allstate Agent Can be Sued Over Non-Renewal of ‘Grandfathered’ Flood Insurance Policy Read More »
According to AM Best, the balance sheets of insurers can be pressured by the stock and bond market volatility caused by recent tariffs, resulting in financial exposure that could lead to some changes in credit ratings. The industry financial strength …
AM Best: Tariff Uncertainty Could Lead to Credit Rating Changes for Insurers Read More »
