If you rent out a home or apartment in the United States—including its territories like Puerto Rico, Guam, the U.S. Virgin Islands, the Northern Mariana Islands, and American Samoa—you’re exposed to unique risks that a standard homeowners policy might not cover. Anyone who leases out a property—whether occasionally through platforms like Airbnb or VRBO, or … Read more
State Farm has reported paying out $2.5 billion for the Los Angeles wildfires in January, more than double what the carrier reported paying out weeks earlier. “As of March 28, we’ve received more than 12,300 total claims related to the fires and have paid over $2.5 billion to our customers,” State Farm said in a … Read more
The U.S. Department of Labor (DOL) recently published an opinion letter that says the federal Family and Medical Leave Act (FMLA) rules on “substitution” of paid leave don’t apply when an employee is receiving pay under a state or local paid family leave program. FMLA leave is … Read more
Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business, for $160 million — a significant discount from the $1.4 billion BlackBerry paid to acquire the startup in 2018. Under the terms of the deal, which is expected to close in BlackBerry’s fiscal Q4, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million … Read more
By Lewis Nibbelin, Contributing Writer, Triple-I Babcock Ranch – a small community in southwestern Florida dubbed “The Hometown of Tomorrow” – made headlines for sheltering thousands of evacuees and never losing power during Hurricane Milton, which devastated numerous neighboring cities and left more than three million people without power. Hunters Point, a subdivision on Florida’s … Read more