Almost a year to the day after Progressive announced it would hire more than 10,000 people to fill claims, IT and legal roles in 2024, the nation’s second largest auto insurer said it now has 12,000 job openings. As was …
Dog and other pet owners and insurers in New York are now exposed to increased risk of liability in the wake of a Court of Appeals ruling that allows an injured party to bring an ordinary negligence claim against a …
Maryland, which in 2023 passed the Child Victims Act (CVA) that allows survivors who were victims of sexual abuse as minors to sue their abusers anytime, has now cut by half the amounts that may be awarded in such claims. …
A federal class action lawsuit filed this week in Texas accused Toyota and an affiliated telematics aggregator of unlawfully collecting drivers’ information and then selling that data to Progressive. The lawsuit alleges that Toyota and Connected Analytic Services (CAS) collected …
Ignyte and Novacore have launched following the recent sale of NSM Insurance Group’s U.S. commercial business to investment firm New Mountain Capital. Conshohocken, Pennsylvania-based NSM had said it would become two separate entities as a result of the sale, and …
Global specialty insurance broker Ryan Specialty has agreed to acquire certain assets of USQRisk Holdings, LLC, a New York-headquartered managing general agency focused on nontraditional insurance. Formed in 2020 and operating in New York and London, USQ has two core …
Global natural catastrophes had an insured price tag of more than $53 billion during the first quarter of 2025 – claims driven by California’s wildfires of approximately $38 billion, or 71% of total insured losses across the globe, according to …
Elon Musk’s age of government efficiency has spread to Florida, with legislation advanced last week that would abolish at least 22 state boards that oversee licensing and disciplinary reviews for engineers, contractors, building inspectors, accountants and many more professionals. House …
A federal judge has dismissed a proposed class action filed on behalf of Pennsylvania homeowners who believe that State Farm undervalued their property damage claims in its use of the Xactimate software that is popular with insurers. The lead plaintiffs, …
Wildfire losses obscured what executives of Travelers described as outstanding underlying results for the insurer’s first quarter—and looking ahead, the company is well-positioned to face the impacts of macroeconomic uncertainty, the chief executive said. During a first-quarter earnings conference call …
