Hurricanes Like Helene Keep Killing for Years After They Strike October 8, 2024 By Seth Borenstein Hurricanes in the United States end up hundreds of times deadlier than the government calculates, contributing to more American deaths...
13 States and DC Sue TikTok, Accusing Platform of Harming Younger Users October 8, 2024 By Jody Godoy and David Shepardson TikTok faces new lawsuits filed by 13 U.S. states and the District of Columbia on Tuesday, accusing the popular social...
Why Homeowners Insurers Are Unprofitable and What To Do About It: Aon October 8, 2024 A new report from insurance broker Aon reveals that the prospective return on equity (ROE) for diversified homeowners insurance carriers...
Court Orders Start to Expose ‘Startling’ Data on Litigation Funding Sources October 8, 2024 By Chad Hemenway There is no federal law that requires the disclosure of litigation funding agreements in court cases, but some disturbing insight...
Property/Casualty Insurance Stocks Slump on Hurricane Milton-Related Fears October 8, 2024 By Manya Saini U.S. property and casualty insurance stocks tanked on Monday after Hurricane Milton intensified into a category 4 storm on its...
Supreme Court to Hear Challenge to Mexico’s Suit Against American Gun Companies October 8, 2024 By John Kruzel The U.S. Supreme Court agreed on Friday to hear a bid by U.S. gun maker Smith & Wesson SWBI.O and...
Utilities’ Extreme Plan to Stop Wildfires: Shut Off the Power October 8, 2024 By Mark Chediak A growing number of utilities are resorting to an extreme measure to prevent their equipment from sparking catastrophic wildfires: turning...
Supreme Court Rejects ‘Pharma Bro’ Shkreli’s Appeal of $64.6 Million Penalty October 7, 2024 By Jonathan Stempel The U.S. Supreme Court declined on Monday to hear former pharmaceutical company CEO Martin Shkreli’s challenge to a $64.6 million...
Update on Helene Loss Estimates: CoreLogic Sees $10.5B-$17.5B Insured Loss October 7, 2024 Total insured loss from Hurricane Helene is now estimated at between $10.5 billion and $17.5 billion—a figure that continues to...
Auto Insurers Face Rising Repair Costs, EV and Tech Complexity in 2025: Report October 7, 2024 Amid inflation and labor shortages, the growing impact of electric vehicles (EVs) and rising repair costs, insurers and repairers will...