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Trump Orders Federal Takeover of LA Wildfire Rebuilding Efforts
President Donald Trump signed an executive order that allows the federal government to preempt state and local regulations in the recovery efforts of last year’s Los Angeles wildfires, blaming the destruction and its slow rebuilding on California’s authorities. “Immediate and …
POSTED JANUARY 27, 2026 9:35 PM |
London Cyberattack Threatens to Hold Up Thousands of Home Sales
A “sophisticated, criminal cyberattack” is threatening to hold up thousands of home sales in two of London’s richest boroughs. Westminster City Council and the Royal Borough of Kensington and Chelsea have been unable to process local authority searches since November …
POSTED JANUARY 27, 2026 5:49 PM |
Markets/Coverages: Apollo, ZenHedge Partner on Parametric Solution for Shippers
Apollo, a Skyward Group Company, announced a partnership with U.S. startup insurtech ZenHedge to launch a parametric insurance product called Freight Expense Insurance designed to protect U.S. shippers against increased freight costs caused by trucking carrier tender rejections. Apollo said …
POSTED JANUARY 27, 2026 4:39 PM |
Kin Moves Into Florida and Texas With Home-Auto Bundle Products
Kin, a direct-to-consumer digital personal lines insurer, announced the launch of auto insurance in Florida and Texas. The auto insurance is currently available as part of a bundle or as a standalone product. Home insurance customers who choose to bundle …
POSTED JANUARY 27, 2026 4:25 PM |
GEICO Settles Call-Center Worker Suits for $940,000; Attorneys Get Half
GEICO has agreed to pay more than $900,000 plus administrative costs to settle lawsuits from almost 1,500 call-center workers who said the insurer failed to pay overtime, including for time spent booting up computers and logging into a GEICO network. …
POSTED JANUARY 27, 2026 3:03 PM |
Dutch Court Rules Uber Drivers Can Be Treated as Self-Employed
A Dutch court on Tuesday overturned a 2021 ruling that had classified all Uber drivers as employees, stating that individual drivers can be treated as independent entrepreneurs. The Amsterdam court said six drivers who had joined the rideshare company in …
POSTED JANUARY 27, 2026 2:29 PM |
Do New Yorkers Pay Too Much for Auto Insurance?
New York households paid an estimated $1,935 on average for personal auto insurance in 2024, according to a report by the industry’s Insurance Information Institute (Triple I). This was an increase from $1,753 in 2023. Triple I further estimates that …
POSTED JANUARY 27, 2026 2:21 PM |
WalkerHughes Insurance Acquires Pair of Missouri Agencies
WalkerHughes Insurance announced it has acquired Inman Insurance Agency in Salem, Missouri, and Clark Insurance Agency in Ballwin, Missouri. The acquisitions expand WalkerHughes’ presence in Missouri, increasing market density across south-central communities and the St. Louis metropolitan area. Inman Insurance …
POSTED JANUARY 27, 2026 1:56 PM |
Why Power Outages Do More Economic Damage Than We Think
The day after a major winter storm swept across the US, hundreds of thousands of homes and businesses remained without electricity and the prospect of more outages loomed amid frigid temperatures. One early estimate suggested the storm could result in …
POSTED JANUARY 27, 2026 1:19 PM |
Updated: 6 Killed in Private Plane Crash at Maine Airport
Six people were killed in a single plane crash Sunday night at Bangor International Airport in Maine, according to local officials, correcting what appears to have been a report from the federal government that seven people died. A late Monday …
POSTED JANUARY 27, 2026 1:00 PM |
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