Patricia Wells

Companies in Europe’s four biggest economies—France, Germany, Italy, and Spain—have faced heavy losses from cyberattacks over the past five years, with the total cost topping €300 billion (around $405 billion), a recent survey by insurance broker Howden shows. Nearly half of the companies surveyed said they experienced at least one cyberattack between 2020 and 2025, … Read more

Edison International is set to start accepting claims soon to help those affected by the deadly Eaton Fire that devastated parts of the Los Angeles area earlier this year. According to Edison’s CEO, Pedro Pizarro, the company aims to have its compensation program ready well before Thanksgiving, with payments expected to begin by early 2026. … Read more

National Unity Insurance Company, based in San Antonio, Texas, has received a positive boost from AM Best, the insurance rating agency. AM Best upgraded the outlook for the company’s Long-Term Issuer Credit Rating (Long-Term ICR) from stable to positive. At the same time, the agency confirmed the company’s Financial Strength Rating (FSR) at B++ (Good) … Read more

A Minnesota man has admitted to starting fires at two mosques earlier this year. Jackie Rahm Little, 38, pleaded guilty to federal charges related to setting fires at the Masjid Al-Rahma Mosque in Bloomington and the Masjid Omar Islamic Center in Minneapolis. The incidents happened in April 2023. On April 24, Little set a fire … Read more

Michigan’s Attorney General, Dana Nessel, has reached two important settlement deals with the current and former owners of a paper mill in White Pigeon. The agreements focus on cleaning up harmful chemicals called PFAS, which have leaked into the environment from the mill’s past operations. Last October, Nessel filed a lawsuit against the companies that … Read more

Flights at Dallas Fort Worth International Airport and Dallas Love Field faced major disruptions on Friday due to a problem with local telephone equipment, not related to FAA systems, federal officials said. The issue caused hundreds of delays and cancellations at two of the busiest airports in the area. By late Friday afternoon, nearly 700 … Read more

Last month, a group of farmers gathered inside an indoor horseback riding ring in Michigan to try out a new electric tractor. Developed by researchers at Michigan State University over more than two years, the tractor offered a surprisingly quick acceleration and a whisper-quiet motor that caught many of the farmers’ attention. Farmers shared their … Read more

Root Insurance has expanded its unique car insurance model to Washington, adding to its presence on the West Coast alongside Oregon and California. The company uses a smartphone app to track how people drive and then sets insurance rates based on those habits. When new customers sign up through the app or online, they take … Read more

The Sunnybrook Union, representing teachers and support staff in the Sunnybrook School District in Lansing, Illinois, has agreed to pay $110,000 to settle a race discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC). The case involved a black custodian who was denied a promotion to head custodian because of his race. According … Read more

The commercial auto insurance sector in the U.S. is facing another tough year, according to a recent report from AM Best. For the 14th year in a row, commercial auto insurance has recorded an underwriting loss. In 2024 alone, these losses totaled nearly $5 billion, adding to more than $10 billion in losses over the … Read more