Tesla said on Friday it was recalling 694,304 vehicles in the United States over an issue with the tire pressure monitoring system (TPMS). The TPMS warning light may not remain illuminated between drive cycles, failing to warn the driver of …
Westchester, a Chubb Company and Chubb’s excess and surplus lines division, named Nick Gatt, previously chief operating officer (COO) for Westchester Programs, as head of Westchester Programs. Gatt will oversee strategy, underwriting and profitability. Gatt succeeds Franklin Sanders, who has …
Amazon.com will implement safety measures at all of its U.S. facilities to settle a federal agency’s claims that it failed to prevent workers from developing back problems and other ergonomic injuries, the agency said on Thursday. Amazon settled a series …
American Airlines has agreed to settle a race discrimination lawsuit by three Black men who were temporarily removed from a flight at the insistence of white flight attendants, according to a court filing on Thursday. The terms of the agreement …
With a “silver tsunami” of skilled underwriters eligible to retire in coming years and a shift in employee expectations, recruitment and retention is a critical focus for the insurance industry right now, said experts during a November webinar hosted by …
A Senate Budget Committee report shows how dangerous climate change is to the nation’s financial system as well as how bad it could be for homeowners seeking affordable insurance. A Senate Budget Committee Staff report out this month, Uncovering the …
The suspect in the killing of UnitedHealth Group UNH.N executive Brian Thompson is being charged with federal murder and stalking crimes, according to a court document filed on Thursday, alongside state murder and terrorism charges previously announced by New York …
The National Highway Traffic Safety Administration said on Wednesday it will not seek an immediate recall of airbag inflators in about 50 million U.S. vehicles assembled by 13 automakers and instead will conduct further investigation. The agency said in July …
The U.S. Senate Budget Committee on Wednesday held a hearing to release a study they said confirms climate change is increasing non-renewal rates in multiple states, but the insurance industry clapped back by saying extreme weather is just part of …
The brokerage industry is adapting to a changing landscape as macroeconomic conditions temper the tailwinds that have driven growth in recent years. High interest rates, historical valuations, and tighter access to capital have slowed M&A activity, with deal flow declining …
