Floods Drive Economic Losses in 2021, but Only 25% of Risks Are Insured: Swiss Re March 30, 2022 By L.S. Howard More than 50 severe flood events around the world caused combined economic losses of US$82 billion in 2021, while insured...
Home-Based Businesses Carry Risks, Rewards – and Insurance Industry Opportunities March 30, 2022 By Jill Bryant The world of work is changing fast, with the pull of the digital revolution and the push of the pandemic...
Rideshare Riders Could Get Stuck with Medical Bills in a Crash March 30, 2022 By Elaine S. Povich In the early hours of Sept. 12, 2020, Denver chef Brian Fritts, 32, was riding in the backseat of a...
Boy Scouts Victims’ Fund Unfair to Insurers, Companies Argue in Court March 30, 2022 By Steven Church The Boy Scouts of America’s sexual abuse compensation fund may force insurers to make payments they can’t negotiate over, even...
FDA Green Lights 2nd Booster of Pfizer/BioNTech, Moderna COVID Shots for Older Americans March 29, 2022 By Michael Erman The U.S. Food and Drug Administration on Tuesday authorized a second booster dose of the two most commonly used COVID-19...
NHTSA to Review if Pony.ai Complied With Crash Reporting Order March 29, 2022 By David Shepardson The National Highway Traffic Safety Administration (NHTSA) on Tuesday said it will review whether startup technology firm Pony.ai complied with...
Johnson & Johnson to Suspend Supply of Personal Care Products to Russia March 29, 2022 Johnson & Johnson said on Tuesday it would halt sale of personal care products in Russia, joining other companies that...
AIG’s Life and Retirement Unit Files for IPO March 29, 2022 The holding company of U.S. insurer American International Group Inc.’s life and retirement business, SAFG Retirement Services Inc., filed for...
Supreme Court Agrees to Hear Fair Use Copyright Claim Over Warhol’s Paintings March 29, 2022 By Blake Brittain In a case that could help clarify when and how artists can make use of the work of others, the...
Consumer Group Demands Probe After Reports of Alleged Bias at State Farm March 29, 2022 By Jim Sams A national consumer rights group on Thursday called on state insurance commissioners to investigate racial bias in claims handling after...