Australia’s December 2023 Storms Result in A$1.61 Billion in Insured Losses
December 22, 2024
Perils AG estimates that the December 2023 storms in Australia caused insured losses of A$1.61 billion, marking a significant impact on the property market.
NRA Faces Reforms and Financial Penalties After Court Ruling on Mismanagement
December 14, 2024
A New York court mandates the NRA to adopt governance reforms and two former executives to repay $6.35 million after ruling they mismanaged funds.
Firefighters Achieve 30% Containment of Malibu Threatening Franklin Fire
December 14, 2024
Firefighters have made major strides in containing the Franklin Fire in California, now 30% contained, as winds ease and evacuations are lifted for Malibu residents.
Florida Woman Charged After Threatening Comments to Health Insurance Provider
December 14, 2024
A Florida woman is charged with making threats of mass violence after an alarming call with her insurance provider, echoing sentiments from a recent shooting incident.
Seven South Carolinians Admit Guilt in Major Aflac Fraud Scheme
December 14, 2024
Seven South Carolinians admitted to a $70,000 insurance fraud scheme targeting Aflac, receiving suspended sentences and restitution instead of prison time.
Compre Group Faces $60.2 Million Loss Amid Liability Portfolio Challenges
December 13, 2024
Compre Group’s net loss of $60.2 million in H1 2024 marks a stark decline from last year’s $162.1 million profit, mainly due to liability portfolio issues.