Global Q1 Commercial Insurance Rates Drop 3%, but US Casualty Bucks the Trend April 24, 2025 By L.S. Howard Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4...
US Officials Mull Easing Tariffs Targeting the Auto Industry April 24, 2025 By Maya Averbuch, Eric Martin, Josh Wingrove and Keith Laing The Trump administration is considering whether to reduce certain tariffs targeting the auto industry that carmaker executives have warned would...
Lilly Sues 4 Compounders Over Copies of Weight-Loss Drugs April 24, 2025 Eli Lilly said Wednesday it had sued four compounders for selling unapproved products containing tirzepatide, after a U.S. judge last...
Tech Update: Lloyd’s Backs BreachBits; ZoJacks Prevents Water Claims; Eagleview Expands Drone Options April 24, 2025 Washington, D.C.-based BreachBits has received an investment of an undisclosed amount from Lloyd’s in what is the London-based global insurance...
Distracted Drivers Are Overconfident; 20% Still Texting While Driving April 24, 2025 By Jahna Jacobson Driver overconfidence is leading to risky behavior. Nationwide’s latest driver survey found 20% of drivers text while driving, 15% use...
Class Action Accuses Toyota of Illegally Sharing Drivers’ Data With Progressive April 23, 2025 By Ezra Amacher A federal class action lawsuit filed this week in Texas accused Toyota and an affiliated telematics aggregator of unlawfully collecting...
Markel Insurance Restructures Markel Specialty, Appoints Leaders April 23, 2025 Markel Insurance announced that its U.S. and Bermuda operations, previously known as Markel Specialty, are being divided into two business...
FBI Says Cybercrime Costs Rose to at Least $16 Billion in 2024 April 23, 2025 By Raphael Satter Cybercrime of all stripes cost victims globally more than $16 billion dollars last year, the Federal Bureau of Investigation said...
Safeguarding the Marine Transportation System: New Cybersecurity Rules April 23, 2025 By Erik M. Kowalewsky and Brian Ramkissoon The maritime industry is grappling with an escalating wave of cybersecurity threats as it increasingly relies on interconnected digital systems....
Environmental Lawyers Get Ready to Pounce on Energy Deregulation Moves April 23, 2025 By Nichola Groom and Valerie Volcovici U.S. environmental groups say they are hiring lawyers and preparing for a major legal showdown with President Donald Trump’s administration...