US Upgrades Probe Into Emergency Braking Issues in Certain Honda Vehicles January 21, 2025 The U.S. National Highway Traffic Safety Administration said on Monday it is expanding and upgrading a probe into about 295,125...
FEMA Transfers $758M in US Flood Program Risk to 27 Private Reinsurers January 21, 2025 The Federal Emergency Management Agency (FEMA) said its reinsurance renewal for the National Flood Insurance Program (NFIP) included the transfer...
EEOC Sues Two Automakers, Alleging Discrimination and Harassment January 21, 2025 By Jonathan Stempel The U.S. Equal Employment Opportunity Commission on Jan. 17 sued two large automakers, accusing General Motors and the United Auto...
Walgreens Ignored Red Flags in Dispensing Opioids, US Says January 21, 2025 By Madlin Mekelburg The Department of Justice sued Walgreens Boots Alliance Inc. for allegedly dispensing opioids and other controlled substances at pharmacies across...
Insurtechs’ Approach to Wildfire Insurance: Part I – Delos January 21, 2025 By Allen Laman While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the...
Moody’s RMS Adds to LA Fires Insured Loss Estimates With Range of $20B-$30B January 20, 2025 Moody’s RMS Event Response said insured losses for the January 2025 Los Angeles fires will likely fall in the $20...
General Motors Settles With FTC Over Sharing Driver Data January 17, 2025 By Josh Sisco and Leah Nylen The US Federal Trade Commission has reached a settlement with General Motors Co. over claims the automaker deceived drivers by...
P/C Market Profit Improvement Expected to Continue Through 2026: Triple-I, Milliman January 17, 2025 The “gap is closing” between commercial lines and personal lines underwriting results as the insurance industry overall is expected to...
Smoke, Coverage Issues Cloud Wildfire Forecast: $35-$45B Losses Insured January 17, 2025 By Susanne Sclafane CoreLogic announced a preliminary range of insured losses for the Eaton and Palisades Fires in Los Angeles of $35 billion...
Cyber Insurance Market to Expand as Risks Evolve: Gallagher January 17, 2025 While 2024 brought record-breaking data-breach costs and evolving cyber risk, all signs point to stable rates and ample capacity in...