Heavier Vehicles, Distracted Drivers Impacting Claim Severity March 17, 2023 By Jim Sams US roadways are carrying heavier, more powerful vehicles operated by motorists who are older, driving faster and more often distracted,...
Tesla Not Entitled to More Info About Race Bias Probe March 17, 2023 By Daniel Wiessner A California civil rights agency suing Tesla Inc. over alleged widespread race bias at its flagship assembly plant on Tuesday...
People Moves: QBE North America Promotes Foley to Pres. Commercial Insurance; Browne to Lead AGCS Specialty Business March 16, 2023 QBE North America Promotes Foley to President of Commercial Insurance QBE North America has promoted Michael Foley to president, commercial...
Honda Recalling 500,000 Vehicles to Fix Seat Belt Problem March 16, 2023 Honda is recalling a half-million vehicles in the U.S. and Canada because the front seat belts may not latch properly....
Mexico Launches Appeal in Suit Against U.S. Gun Makers March 16, 2023 Mexico has filed an appeal in a civil lawsuit against U.S.-based gun manufacturers, it said on Wednesday, looking to crack...
Survey: Insurance Often a Blind Spot for Small Businesses March 16, 2023 Findings from a recent NEXT Insurance survey highlight a significant gap between small business owners’ biggest stressors in 2023 and...
Progressive More Than Doubles Feb. Income, Reports Investments With Failed Banks March 16, 2023 In reporting February financial results that continued a positive start to 2023, Progressive Corp. said it has about $75 million...
U.S. Senate Majority Leader Urges Federal Safety Probe Into All Major Freight Railroads March 16, 2023 By Richard Cowan and David Shepardson U.S. Senate Majority Leader Chuck Schumer on Wednesday urged a federal investigation into safety practices of all seven major freight...
Berkshire Hathaway to Beef Up Risk Disclosures Following SEC Request March 16, 2023 By Jonathan Stempel Berkshire Hathaway Inc. agreed to better explain how its board of directors manages risks, including those taken by longtime Chairman...
Wall Street Regulator Unveils New Hacking, Data and Market Resiliency Rules March 15, 2023 The top U.S. markets regulator announced a package of proposed policies on Wednesday designed to harden the financial system against...