Global Insurance Prices Continue to Moderate in Q2 With Exception of Property: Marsh July 31, 2023 Global commercial insurance pricing rose 3% in the second quarter of 2023, down from 4% in Q1, according to Marsh,...
Ford Recalls 870,000 F-150 Trucks Over Unexpected Parking Brake Activation July 31, 2023 By David Shepardson Ford Motor said Friday it is recalling 870,000 F-150 trucks in the United States because of the risk of an...
J&J Effort to Resolve Talc Lawsuits in Bankruptcy Fails a Second Time July 31, 2023 By Dietrich Knauth A U.S. judge on Friday shot down Johnson & Johnson’s second attempt to resolve tens of thousands of lawsuits over...
Ways to Mitigate Mobile Home Wind Damage Often Ignored, Even as Deaths Rise July 31, 2023 Rolling Fork, Mississippi (AP) — Many were not just killed at home. They were killed by their homes. Angela Eason...
DOJ Asks Supreme Court to Delay Purdue Pharma Bankruptcy Settlement July 31, 2023 By Dietrich Knauth The U.S. Department of Justice on Friday asked the U.S. Supreme Court to stop Purdue Pharma from proceeding with a...
Markets/Coverages: QBE North America, Converge Launch New Cyber Program July 28, 2023 QBE North America and new managing general agency, Converge, teamed up to launch a cyber insurance program, which will be...
Global Natural Disasters Cost Insurers $43B in H1, Surpassing 10-Yr Average: Munich Re July 28, 2023 By L.S. Howard Natural disasters during the first half of 2023 cost insurers an estimated US$43 billion with an overall economic price tag...
Kraft Heinz Defeats Lawsuit Over Mac & Cheese Preparation Time July 28, 2023 By Jonathan Stempel A federal judge on Thursday dismissed a lawsuit accusing Kraft Heinz & Co of misleading consumers by promising it takes...
NAIC Releases Highly Anticipated Draft Model Bulletin on Insurers’ AI Use July 28, 2023 By Eversheds Sutherland On July 17, 2023, the Innovation, Cybersecurity and Technology (H) Committee of the National Association of Insurance Commissioners (NAIC) released...
Study: Motor Vehicle Thefts Soar in First Half of 2023 July 28, 2023 During the first half of 2023, vehicle thefts soared while most other crimes declined, according to a new study of...