A former Ohio fire department administrator and police officer was sentenced in federal court here to 18 months in prison for starting dozens of arson fires in Wayne National Forest. James A. Bartels, 52, of Rio Grande, Ohio, started 26 fires in the national forest in 2022, creating a substantial risk of death or significant…
Alameda County District Attorney Pamela Price’s Consumer Justice Bureau has sued multiple home insurance carriers in California, including Farmers Insurance Exchange, alleging they’re operating a scheme that knowingly and systematically underinsures homes in California. The complaint alleges these carriers provide consumers with inaccurately low replacement cost estimates, far less than what is needed to rebuild…
Young British drivers who have just passed their test should be banned from carrying passengers of a similar age and should display special plates, according to the chief executive officer of the AA car breakdown service. The measures, proposed by Jakob Pfaudler in a letter sent to UK Transport Secretary Louise Haigh last week, are…
Home insurance is becoming unaffordable for a growing number of Australian households as increased climate threats drive up their premiums, potentially putting billions of dollars in mortgage loans at risk, a report said on Monday. As of March 2024, 15% of Australian households were experiencing home insurance affordability stress, which is defined as having premiums…
Renuka Rayasam Congressional lawmakers are facing tricky arithmetic as they hammer out a budget plan to finance President Donald Trump’s agenda. Republicans need to free up roughly $4 trillion to pay for renewing Trump’s 2017 tax cuts, which expire at the end of the year. Trump has vowed not to touch the costliest government programs,…
February 20, 2025 Embracing Technology: How Coterie Insurance and London Underwriters Simplify Small Commercial Insurance In the fast-paced world of insurance, technology is reshaping the landscape, making processes more efficient and accessible. In a recent episode of the “And I Quote” podcast, guest host Christine Morrison spoke with Dan Feigenbaum, CEO of London Underwriters, about the…
Coinbase said on Friday the U.S. securities regulator planned to withdraw its lawsuit against the crypto exchange, ending a contentious years-long legal battle once considered existential for the trading platform and the broader sector. The Securities and Exchange Commission has moved quickly to overhaul its approach to policing the crypto sector under Republican leadership since…
Three insurers that paid more than $1 million in auto and property damage claims to a New York couple and their homeowners association are attempting to recover the payments from the giant car maker and local dealership. The claims stemmed from a fire that erupted in a 2018 Honda Pilot while it was parked in…
Intact Financial Corp., the Toronto-based property-casualty insurer, announce that it has acquired Jiffy Inc., Canada’s No. 1 home maintenance app. Through this acquisition, Jiffy will have the platform and capabilities to accelerate expansion of its services across more Canadian jurisdictions while supporting Intact’s goals of engaging three out of four Canadian customers digitally. Financial details…