States Consider Ban on Cosmetics With ‘Forever Chemicals’ April 11, 2023 By Lisa Rathke A growing number of state legislatures are considering bans on cosmetics and other consumer products that contain a group of...
J&J Talc Unit 2nd Bankruptcy Must Be Dismissed, Cancer Victims’ Lawyers Say April 11, 2023 By Dietrich Knauth and Mike Spector Johnson & Johnson’s renewed effort to resolve talc lawsuits through an $8.9 billion bankruptcy settlement must be dismissed as a...
Q1 Commercial P/C Rates Hold Steady, Up 5%: MarketScout April 10, 2023 In a “deliberate and modest fashion,” the composite rate for commercial property and casualty lines increases 5% during the first...
Markets/Coverages: Canopius U.S., MGA Falvey Partner to Offer Inland Marine Coverage April 10, 2023 Canopius Group, a global specialty re/insurer, announced a new partnership with managing general agent Falvey Insurance Group (FIG) to offer...
Catastrophe Losses Drive 2021 U.S. P/C Insurer Impairments: AM Best April 10, 2023 Seventeen U.S. property/casualty insurance companies became impaired in 2021, with seven of the impairments driven by catastrophe losses from hurricanes,...
Viewpoint: Optimizing Agency Relationships; A Data-Driven Approach to Premium Growth April 10, 2023 By Amborish Baruah, Deepti Kalra and Rahul Nawab Reported demise of the independent insurance agency as a sales and distribution channel have been greatly exaggerated. Over the course...
U.S. Personal Auto Results Headed the Wrong Way. Is a U-Turn Possible? April 10, 2023 By David Blades Although the pandemic may appear more distant in the rearview mirror, its lasting impact on the personal auto insurance industry...
EPA to Propose New Vehicle Pollution Cuts, Sees Big EV Jump April 10, 2023 By David Shepardson The U.S. Environmental Protection Agency is set to propose new rules to spur sweeping cuts in vehicle emissions pollution that...
U.S. Airports’ Outdated Tech Leaves Planes Vulnerable to Runway Near-Misses April 6, 2023 By Alan Levin A crucial safety system that’s relied on to avoid potentially fatal collisions at major US airports is aging and plagued...
Volkswagen Halts Sale of Some ID.4 EVs Because Doors Might Open While in Motion April 6, 2023 By Monica Raymunt Volkswagen AG has ordered dealers in the U.S. and Canada to stop selling its ID.4 electric SUV because its doors...