New Data Suggests Dangerous Driving Trend Is Slowing, Slightly October 13, 2022 Preliminary traffic data provides some hope that a rash of unsafe driving habits spawned by traffic-free roads during COVID-19 business...
The Future of P/C Underwriting: Shifting From Innovation to Operational Efficiency October 13, 2022 By Ezra Amacher With rising inflation and the prospects of a recession on the horizon, the present macroeconomic environment is forcing property/casualty underwriters...
Progressive Loses A Bundle: Nearly $2.0B Gross Ian Losses; $760M Net October 13, 2022 Insurer Progressive incurred nearly $2.0 billion in gross loss and loss adjustment expenses for vehicle and property claims related to...
U.S. to Issue New Cybersecurity Requirements for Critical Aviation Systems October 13, 2022 By David Shepardson A U.S. transportation security agency said Wednesday it plans to issue new cybersecurity requirements for some key aviation systems after...
Alex Jones Must Pay $965 Million for Sandy Hook Lies October 13, 2022 Alex Jones must pay $965 million in damages to families and an FBI agent ravaged by the Infowars founder’s lie...
Top U.S. Homeowners Insurers Minimally Exposed to Losses from Ian: Moody’s October 12, 2022 A report from Moody’s Investors Service clearly paints Ian as a loss event for Florida-only home insurers since large, national...
‘Hardening’ Property Catastrophe Market Enters ‘Hard’ Market Phase: Bank of America October 12, 2022 By L.S. Howard European reinsurers will miss their earnings targets in 2022 – for the sixth year in a row – which is...
AM Best: Trouble Around the Bend for Commercial Auto Insurers After Good 2021? October 12, 2022 By Chad Hemenway For the first time in many years the commercial auto insurance segment enjoyed a combined ratio below 100 in 2021,...
Legal Challenges Could Hamper U.S. Rule to Limit Independent Contracting October 12, 2022 By Daniel Wiessner Business groups will almost certainly file lawsuits in an attempt to delay or derail a rule proposed by the Biden...
The Emerging Market for Active Assailant Insurance October 12, 2022 By Tim Strong So far in 2022, the U.S. has experienced multiple tragic mass shootings. One only needs to see the images on...