U.N. ‘Code Red’ Report Warns of ‘Irreversible’ Impact on Climate August 9, 2021 By Nina Chestney and Andrea Januta The U.N. panel on climate change sounded a dire warning on Monday, saying the world is dangerously close to runaway...
Today’s Teens Are in No Rush to Start Driving August 9, 2021 By JENNA FRYER Michael Andretti has a 21-year-old son with zero interest in obtaining a driver’s license. Rideshare apps get him where he...
Biden Administration Examining How Far Employers Can Go in Mandating Vaccines August 9, 2021 By Trevor Hunnicutt The Biden administration is examining what authority businesses have to mandate vaccines, a top U.S. official told Reuters on Friday,...
Progressive Insurance Hurt by Rise in Auto Claims, Low Premiums in Q2 August 6, 2021 Progressive Corp. reported a 56% decrease in net income to $790.1 million for the second quarter. Net income was down...
Rate Hikes, Investments Help AIG Get Back to Profit in Q2 August 6, 2021 American International Group generated a modest profit in the second quarter, citing gains from higher net investment income, far fewer...
Safety Agency Opens Preliminary Probe of Mercedes Delivery Vans Used by Amazon August 6, 2021 By David Shepardson The National Highway Traffic Safety Administration (NHTSA) said Friday it has opened a preliminary investigation into reports some 2019 Mercedes-Benz...
Insurers Expect COVID-19 Liability Claims Against Employers as Employees Return August 6, 2021 By Carolyn Cohn, Noor Zainab Hussain and Kirstin Ridley Liability insurers on both sides of the Atlantic are scaling back the cover they offer companies ahead of an expected...
HCI Group’s Home and Flood Insurtech TypTap Files for Possible IPO August 5, 2021 By Andrew G. Simpson HCI Group, Inc. announced that its insurtech subsidiary, TypTap Insurance Group, Inc., a Florida-based writer of private market homeowners and...
Submit Your ‘Best’ Tip for Sales, Marketing & Agency Management August 5, 2021 Want to be a part of Insurance Journal’s 101 Ideas issue? Submit your best tip or advice for agency owners...
Ratings Firm Moody’s to Acquire Catastrophe Modeler, Analytics Firm RMS for $2 Billion August 5, 2021 Moody’s Corp. has agreed to acquire RMS, a global provider of climate and natural disaster risk modeling and analytics, for...