Peloton Announces Long-Awaited Repair for Recalled Treadmill May 19, 2023 By Nick Turner Peloton Interactive Inc. and the US Consumer Product Safety Commission announced a long-awaited fix for the fitness company’s recalled Tread+...
Drivers Are Shopping, Swapping Auto Insurance Policies at Record Pace May 19, 2023 By Jahna Jacobson Drivers are kicking the tires and trading up for new auto insurance policies. In the first quarter, new policy growth...
Consistent Policy Wording Bringing Some Relief to Evolving Cyber Market May 19, 2023 By Elizabeth Blosfield Consistency within cyber insurance policies is something the industry has been grappling with for nearly a decade, according to speakers...
23 State Attorney Generals Concerned About Insurer Climate Commitments May 18, 2023 By Don Jergler Nearly two dozen GOP Attorney General offices sent a letter to the Net-Zero Insurance Alliance seeking documents and information over...
Supreme Court Leaves Intact Social Media Liability Shield in Win for Google, Twitter May 18, 2023 By Greg Stohr and Emily Birnbaum The US Supreme Court left in place a broad liability shield for social media companies for content posted by users,...
Commercial Property Premiums Up Over 20% to Start 2023: CIAB May 18, 2023 By Chad Hemenway Commercial property premiums increased more in the first quarter than they have in more than 20 years as the first...
Ford Recalls 422,000 SUVs Because Rear View Camera Display May Fail May 18, 2023 By David Shepardson Ford Motor Co is recalling 422,000 sport utility vehicles in the U.S. because the video output may fail, preventing the...
Deutsche Bank to Pay $75 Million to Settle Epstein Suit May 18, 2023 By Joe Schneider and Sally Bakewell Deutsche Bank AG agreed to pay $75 million to settle a lawsuit in which victims of Jeffrey Epstein’s sexual abuse...
J&J’s Proposed Talc Settlement Would Pay $400 Million to State AGs May 18, 2023 Johnson & Johnson has set aside $400 million to resolve U.S. state consumer protection actions as part of its broader...
Tale of Two Markets: Largest CR Gap Between Personal, Commercial Lines in 15 Years May 18, 2023 The 2022 property/casualty insurance industry saw a stark difference between the combined ratio of commercial lines at 94.8, while personal...