California Gov. Gavin Newsom’s opposition to Pacific Gas & Electric’s restructuring plan just a week after it struck a $13.5 billion settlement with fire victims is forcing the nation’s largest utility to go back to the negotiating table and come up with a solution fairly quickly.
A Georgia family of six escaped their burning home early Wednesday morning after their Christmas tree draped in lights was left plugged in overnight, causing the fire, officials said.
Quite often here in the Cluttered Desk we relay stories of abject stupidity, either for an action that caused a needless injury, a legislative effort that makes no sense, or a court decision that boggles the mind. Today, however, our story includes none of that.
Nonlawyers often roll their eyes when they hear lawyers obsessing about minutiae, such as the placement of a comma or the difference between "the" and "an." When it comes to interpreting an insurance policy, however, language matters.
Increasing complexity, emerging technologies, and new safety features are making it harder for many auto insurers to capture all of the relevant vehicle attributes they need to underwrite and price coverage accurately.
More wildfires are impacting homes, businesses, and communities every year, and their impacts go well beyond the area of direct exposure to the fire and burning. Smoke and wildfire residues can travel long distances and settle on surfaces or infiltrate building structures, potentially causing damages and impacting human health.
Multiple U.S. families have reported incidents of Ring camera systems being hacked in recent days, raising questions as to whether the systems are allowing hackers access to people’s homes, without ever having to set foot inside.
One person was seriously injured Monday in a 50-vehicle crash on Interstate 80 in Iowa. The crash led to blocked highway lanes for several hours Monday, according to the Iowa Department of Transportation.
Like the mountain climber who got stuck in the avalanche, reputational risk is often an area of risk management where trouble isn’t spotted until it’s already too late.
A U.S. government watchdog is raising fresh concerns that health insurers are exaggerating how sick Medicare patients are, receiving billions of dollars in improper payments as a result.
From a brutal polar vortex that froze much of the Midwest and East Coast in January to Hurricane Dorian that killed dozens in the Bahamas in September, Mother Nature dealt Americans a wild and deadly weather year in 2019.
The US insurance industry posted M&A deals worth a total of $4.17 billion in the third quarter, according to data and analytics company GlobalData. That’s a 51.2% increase over Q2 and a 34.2% increase compared with the last four-quarter average of $3.11 billion.
Already battling one lawsuit over a massive landslide last winter, Sausalito and Caltrans are now facing a second. Winston Ashmead, who owns one of the properties damaged during the storm in February, alleges that a Caltrans project near Highway 101 and a road cut at the base of the hill above the property channeled water onto the hill and caused the slide, said Steven Blum, the plaintiff’s attorney.
Exxon Mobil Corp on Tuesday scored a win in a closely-watched case after a judge ruled that the company did not hide the true cost of climate change regulation from investors.
Renowned machine learning researcher and New York Times best-selling author, Kai-fu Lee, has described the era we are living in as “the age of implementation,” or a time period during which artificial intelligence (AI) is moving out of the lab and into practical applications.
