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There is no evidence in the provided sources or broader web information indicating that New Jersey has slashed autocab liability minimums. Instead, recent changes in New Jersey law, effective July 1, 2024, have increased the minimum liability insurance requirements for commercial motor vehicles (CMVs), including autocabs, under P.L. 2023, c. 276. Specifically, CMVs with a … Read more
Farmers Insurance Reports Data Breach Affecting Over 1 Million Customers August 26, 2025 – In a major cybersecurity incident, Farmers Insurance has disclosed a data breach that compromised the personal information of more than 1 million customers, stemming from an unauthorized access to a third-party vendor’s database. The breach, detected in late May but only … Read more
By Insurance Desk | August 29, 2025 BOSTON — Artificial intelligence is gaining traction among insurance agents, but its integration into daily operations is far from uniform, according to a new study released by Liberty Mutual Insurance. The 2025 Independent Agents at Work Study, which polled over 1,200 independent agency leaders and staff members, highlights … Read more
[ad_1] Running a business that involves the use of automobiles may be possible, but dealing with commercial auto insurance can be daunting, especially when you don’t know which one to choose. One of the most challenging decisions you will make as a business owner is choosing the right insurance policy that is capable of protecting … Read more
C-Suite at Qantas Airways Faces Bonus Cuts Following Major Cyberattack Sydney, Australia – September 6, 2025 – In a rare move to enforce accountability, Qantas Airways, Australia’s flagship airline, has slashed bonuses for its C-suite executives by 15% in response to a July 2025 cyberattack that exposed the personal data of approximately 5.7 million customers. … Read more
Virginia Subcontractor Demands $700K from Manhattan Construction, Federal Insurance in Federal Lawsuit Richmond, VA – September 6, 2025 – A Virginia-based subcontractor, Hamilton Iron Works, Inc. (HIW), has filed a lawsuit against Manhattan Construction Company, LLC (MCC) and Federal Insurance Company (FIC), seeking over $700,000 in unpaid work and additional costs stemming from a federal … Read more
[ad_1] Saving money on insurance is a great way to reduce your monthly expenses and put more money back into your pocket. With the right tips and strategies, you can save a significant amount of money on your insurance premiums. Here are some tips for saving money on insurance: 1. Shop Around: One of the … Read more
Coastal insurance carriers are significantly raising deductibles for homeowners’ policies in response to escalating climate risks, particularly in hurricane- and flood-prone regions like Florida, Louisiana, and Texas. As climate change intensifies extreme weather events—such as hurricanes, storm surges, and flooding—insurers face mounting losses, prompting them to adjust risk management strategies. For example, in high-risk coastal … Read more
By Environmental CorrespondentAugust 22, 2025 Antarctica, long considered Earth’s icy fortress, is sounding a chilling alarm as its sea ice plummets to unprecedented lows, signaling a potential turning point in the global climate crisis. Recent data and scientific studies reveal that the Southern Ocean’s sea ice, a critical regulator of the planet’s climate, is undergoing … Read more
Selective Insurance Sues Endurance Over Design Liability Defense Dispute On August 27, 2025, Selective Insurance Company of America filed a lawsuit in the U.S. District Court for the Southern District of New York against Endurance American Insurance Company and Desman Inc., seeking a judicial declaration on defense obligations in an underlying wrongful death lawsuit. The … Read more