U.S. Trucking Downturn Foreshadows Possible Economic Gloom April 25, 2022 By Lisa Baertlein Craig Fuller monitors millions of transactions between U.S. truckers and their customers as chief executive of transportation data company FreightWaves...
Allstate to Increase Magnitude of Auto Rate Hikes in 2022 April 25, 2022 By Chad Hemenway Allstate said it is raising auto insurance rates more due to continued upticks in physical damage and bodily injury severity....
Infowars Bankruptcy May Be Abuse of Court System, Justice Department Says April 22, 2022 By Steven Church An arm of the U.S. Justice Department cast doubt on far-right radio host Alex Jones’s use of bankruptcy as three...
People Moves: Estée Lauder’s Burrell Joins GEICO; Olson Heads Zurich Programs; Hudnall Leads Donegal Commercial Lines April 22, 2022 Estée Lauder’s Burrell Joins GEICO as Chief Marketing Officer Insurer GEICO announced Damon Burrell has joined the company as chief...
Ending Collateral Requirements for Non-U.S. Reinsurers – It’s Been a Long Time Coming April 22, 2022 By L.S. Howard Financially strong EU and UK reinsurers will finally see the end of collateral requirements for business they write in the...
ESG, Invasion of Ukraine Focus of Marsh McLennan Earnings Call April 22, 2022 By Chad Hemenway Much attention was paid to ESG (environmental, social, and governance) issues and the Russian invasion of Ukraine as Marsh McLennan...
Tesla Insurance Turning ‘Nightmare’ Claims Experience Into ‘Dream’: Musk April 22, 2022 By Susanne Sclafane Tesla is “trying to turn a nightmare into a dream with Tesla Insurance,” Chief Executive Officer Elon Musk said Wednesday....
Federal Court in Delaware Requiring Disclosure of Litigation Funding Agreements April 22, 2022 By Jim Sams Insurers are applauding a decision by the chief judge for the U.S. District Court in Delaware to require parties to...
Judge Rejects ‘Gag Order’ for Elon Musk April 21, 2022 By Jonathan Stempel Elon Musk will not be subjected to a “gag order” preventing him from discussing a lawsuit claiming he defrauded Tesla...
Small Businesses Are Burning Out: Survey April 21, 2022 According to a recent survey by Next Insurance, small businesses are feeling stressed and frustrated by the state of the...