Property Leads Q1 Commercial Insurance Price Increases: WTW CLIPS June 14, 2023 Commercial property insurance, with double-digit first quarter price increases, led other lines of businesses tracked by WTW’s Commercial Lines Pricing...
Cyber Insurance Premiums Surge by 50% as Ransomware Attacks Increase June 14, 2023 By Marnie Muñoz US cyber insurance premiums surged 50% in 2022 as increased ransomware attacks and online commerce drove demand for coverage. Premiums...
Stellantis Recalls Over 354,000 Jeeps Worldwide June 14, 2023 Stellantis is recalling more than 354,000 Jeeps worldwide because the rear coil springs can fall off while they’re being driven....
Insurance Costs Rapidly Rising for Rental Properties: S&P June 14, 2023 The recent upticks in the frequency and severity of weather events has also affected insurance premiums for rental properties. According...
Usage-Based Insurance Surges as Customers Dissatisfied With Auto Insurance June 14, 2023 About one third of auto insurance customers in the U.S. reported a rate increase in the past year, leading to...
Jewelry Group Reports Highest Number of Crimes Ever Reported June 14, 2023 The number of crimes against jewelers jumped to 2,211 in 2022, the largest number ever recorded, according to an annual...
These Cryptocurrencies Are Getting Hit Hardest Under the SEC Crackdown June 13, 2023 By Sidhartha Shukla They range from the brainchild of a winner of computer science’s most prestigious award to a crypto token supporting the...
Head of NHTSA Leaves Agency After Audit Finds Management Problems June 13, 2023 By Tom Krisher The head of the U.S. government’s office that investigates automobile safety problems has resigned from his post just days after...
Nationwide to Take Actions to Limit Risk in Personal, Commercial Portfolios June 13, 2023 By Chad Hemenway Add Nationwide to a growing list of insurers making changes to deal with losses in some areas of the country....
A Greenwashing Lawsuit Against Delta Aims to Set a Precedent June 13, 2023 By Kendra Pierre-Louis As tranquil instrumental music plays over gauzy images of nature, a woman’s voice-over begins. “Isn’t it a paradox,” she wonders...