Supreme Court Upholds Police Qualified Immunity in Two Cases October 20, 2021 By Andrew G. Simpson The U.S. Supreme Court has ruled in favor of police officers accused of using excessive force in two cases involving...
Whoa! Horse Riding Is Riskier Than Football, Auto Racing or Skiing? October 19, 2021 The risk of an injury is higher for horse riding than for other potentially risky sporting activities, such as football,...
Treasury Report Offers Insight Into Surge in Ransomware Activity in 2021 October 19, 2021 By William Turton There was $590 million in suspicious activity related to ransomware in the first six months of 2021, exceeding the entire...
Higher Investment Returns Help Offset Catastrophe, Auto Losses for Travelers in Q3 October 19, 2021 Third quarter profit fell 20% at The Travelers Companies due to higher catastrophe and auto losses but the insurer also...
Insurance Agency M&As Up 13% Thus Far in 2021: Optis October 19, 2021 There were 553 announced insurance agency mergers and acquisitions during the first three quarters of 2021, up from 490 in...
U.S. Auto Safety Agency Faces Backlog of Rules and Missed Deadlines October 19, 2021 By Hope Yen and Tom Krisher After their 16-year-old daughter died in a car crash, David and Wendy Mills wondered whether she would be alive if...
Out-of-Practice Airline Pilots Are Looking Error-Prone October 19, 2021 By Angus Whitley and Anurag Kotoky Back in the cockpit after time off recovering from Covid-19, an airline pilot forgot to start his plane’s second engine...
Kemper Proposes $17.6M Settlement of Data Breach Claims October 18, 2021 Kemper Insurance has proposed to settle a class action stemming from two data breaches in a deal valued at about...
Mobility Sector Will Need New Insurance Products to Continue to Grow: Marsh October 18, 2021 For the sharing economy and mobility sectors to continue to grow, they will need new forms of insurance, including programs...
U.S. Insurers’ Face ‘Minimal Exposure’ in China’s Evergrande Property Crisis October 18, 2021 By L.S. Howard The U.S. insurance industry faces only minimal exposure to land development companies in China as one of that country’s largest...