Progressive Gains as Drivers Shop Around for Auto Insurance—Again April 22, 2024 Although it may have seemed like drivers had thrown in the towel on trying to find cheaper auto insurance prices...
EPA Designates PFAS Chemicals as Superfund Hazardous Substances April 22, 2024 By Clark Mindock The U.S. Environmental Protection Agency on Friday designated a pair of widely used industrial chemicals as hazardous substances under the...
What Is Volt Typhoon, the Hacking Group the FBI Warns Could Deal a ‘Devastating Blow’? April 22, 2024 By Raphael Satter and James Pearson China is developing the “ability to physically wreak havoc” on U.S. critical infrastructure and its hackers are waiting “for just...
People Moves: Chubb Names Scheffler COO of Personal Risk Services; AXIS Appoints Morley Head of US E&O April 19, 2024 Chubb said it has promoted Melissa Scheffler to chief operating officer of Personal Risk Services (PRS). Currently, Scheffler serves as...
Tesla to Recall 3,878 Cybertrucks Over Faulty Accelerator Pedal, NHTSA Says April 19, 2024 Tesla is recalling 3,878 Cybertrucks to fix an accelerator pedal pad that could come loose and get lodged in the...
Gun Makers Urge Supreme Court to Hear Appeal in Mexico’s Lawsuit April 19, 2024 By Nate Raymond U.S. gun manufacturers on Thursday asked the U.S. Supreme Court to hear their challenge to Mexico’s $10 billion lawsuit seeking...
FBI Says Chinese Hackers Preparing to Attack US Infrastructure April 19, 2024 By Christopher Bing Chinese government-linked hackers have burrowed into U.S. critical infrastructure and are waiting “for just the right moment to deal a...
Allstate Reports $731M in Q1 Pretax Catastrophe Losses April 19, 2024 Allstate Corporation estimated pretax catastrophe losses of $731 million, with $328 million from the month of March. Six events contributed...
Time-Tested Loss Reserving Methods Challenged: AM Best April 19, 2024 Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve...
Uncertainty Keeps Prices Up; No Prior-Year Loss Development: Travelers April 19, 2024 By Susanne Sclafane With its personal lines business benefiting from the impact of rate increases earning into the book, and the commercial lines...