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Travelers Companies missed first-quarter profit estimates on Wednesday as severe storms in the United States drove up its catastrophe losses, sending shares of the insurance bellwether down 8 percent ...
Newly released analysis indicates Allstate customers who chose to opt into their telematics driver safety app, Drivewise, were found to be 25 percent less likely to be involved in a serious ...
Hours before leaving port, the massive container ship that caused the deadly collapse of a Baltimore bridge experienced apparent electrical problems, a person with knowledge of the situation told The ...
Ahead of the 2024 Atlantic hurricane season, FloodFlash, which offers sensor-enabled parametric flood insurance, is launching a product to support business interruption (BI) coverage. U.S. Commercial ...
Mark Zuckerberg won his bid to avoid personal liability in about two dozen lawsuits accusing Meta Platforms Inc. and other social media companies of addicting children to their products. U.S. ...
Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve strengthening for accident years 2015-2019 to continue, ...
A former Major League Baseball player has been charged with insurance fraud, according to a release issued yesterday by Florida Chief Financial Officer Jimmy Patronis. Yuniesky Betancourt, a former ...
Boeing said on Monday it has not found fatigue cracks on in-service 787 jets that have gone through heavy maintenance, as the planemaker defended the twin-aisle aircraft program ahead of a U.S. ...
Earlier this month, Canadian authorities said they prevented nearly 600 stolen vehicles from being exported overseas after searching 390 shipping containers at the Port of Montreal. Around ...
The economic drivers of the U.S. property/casualty (P/C) insurance industry are growing faster than the nation's Gross Domestic Product (GDP) and are expected to gain further momentum in the event of ...
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