Potential Tariff Auto Severity Impact on Travelers: Single-Digits or Less April 17, 2025 By Susanne Sclafane Wildfire losses obscured what executives of Travelers described as outstanding underlying results for the insurer’s first quarter—and looking ahead, the...
California’s Newsom Sues Trump Over ‘Chaos’ of Tariff Regime April 16, 2025 By Malathi Nayak California Governor Gavin Newsom sued to halt Donald Trump’s tariffs, setting up a high-stakes legal challenge to the president’s landmark...
Advocacy Group Files Suit Over Tariffs in US Court of International Trade April 15, 2025 By Jack Queen A legal advocacy group on Monday asked the U.S. Court of International Trade to block President Donald Trump’s sweeping tariffs...
AM Best: Tariff Uncertainty Could Lead to Credit Rating Changes for Insurers April 15, 2025 By Chad Hemenway According to AM Best, the balance sheets of insurers can be pressured by the stock and bond market volatility caused...
West Texas Prepares for Oil Downturn Amid Trump Tariffs April 10, 2025 By Carlos Nogueras Ramos, The Texas Tribune When President Donald Trump boasted about falling oil prices on social media early Monday, the Texas oil and gas industry...
Newsom Says California to Seek Tariff Exemptions From Allies April 4, 2025 By Sarah McGregor and Eliyahu Kamisher Gov. Gavin Newsom said he’s seeking exemptions for California-made products from retaliatory tariffs and wants to open talks with global...
Dallas Fed Warns of Slowing Growth in Trade-Reliant Texas April 4, 2025 By Joe Lovinger Texas, the nation’s top trading state, is facing a weakening economic outlook as the Trump administration’s sweeping trade and immigration...
Tariffs Will Negatively Affect Insurance Industry, Says AM Best March 6, 2025 By Allen Laman Analysts at AM Best warned that the planned imposition of U.S. tariffs on imports from Canada and Mexico, along with...
APCIA: Tariffs to Hurt Families and Business Owners, Affect Affordability March 5, 2025 The president and CEO of the American Property Casualty Insurance Association issued a statement calling the tariffs on Mexico, Canada,...
Progressive’s Margins Leave Room for Tariff Impacts: CEO March 5, 2025 By Susanne Sclafane With its 2024 combined ratio falling comfortably more than 7 points below a targeted level of 96, Progressive has room...