U.S.
Study: MGA Market Still Growing
A hard market combined with underwriting capacity from fronting companies allowed for robust growth in the MGA market in 2023, according to a new Conning strategic study. The global investment ...
Honolulu Tops Allstate’s Safest Drivers Report
Hawaii, Minnesota and Washington are home to America's safest drivers, according to the 16th Allstate America's Best Drivers Report. Honolulu ranked highest for the safest drivers in America. ...
DoorDash Cracks Down on Drivers Who Break Traffic Laws
DoorDash said Tuesday that it's stepping up efforts to identify dangerous delivery drivers and remove them from its platform after a flood of complaints from cities. In a letter sent last month to ...
Biden Administration Raises FEMA Bar for Flood Resilience
The U.S. Federal Emergency Management Agency (FEMA) has finalized a rule mandating that projects built using its funds not only take into account previous and current levels of local flood risk, but ...
Worsening Floods Pose Threat to U.S. Dam Safety
Last month, floodwater in rural Minnesota pushed debris against a more than century-old dam and then carved a path around it, eroding so much of the riverbank that most of a house fell into the ...
Consumer Watchdog Fines Fifth Third Bank $20M for Forced Auto Coverage, Fake Accounts
A wide range of alleged illegal activities has cost Fifth Third Bank hefty penalties, according to a statement released yesterday by the Consumer Financial Protection Bureau (CFPB). An alleged repeat ...
Crypto Hacking Thefts Doubled to $1.4B in in First Half of 2024
The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a year earlier, driven by a small number of large attacks and rising crypto prices, ...
Shock Hazard Prompts Recall of Nearly 1M Power Adapters Sold With Baby Sound Machines
Due to a shock hazard, a California company is recalling nearly 1 million power adapters sold with sound machines marketed to help infants and young children sleep. The plastic surrounding the AC ...