Claims / Legal
Trump Announces Plan to Withdraw From Climate Accord, Possibly Seek Better Deal
President Donald Trump announced the U.S. would withdraw from the Paris climate pact and that he will seek to renegotiate the international agreement in a way that treats American workers better. "So ...
The Downward Trend Continues for U.S. Commercial Auto Insurance Losses
U.S. commercial auto insurance losses have already been high for some time. They grew even worse, in 2016, hitting depths the sector hasn't seen in 15 years. A primary bellwether: the commercial auto ...
P/C Insurers Can Handle U.S. 2017 Hurricane Season: Fitch Analysis
The 2017 U.S. hurricane season may be here, but property/casualty insurers should be able to handle the challenges it brings. Fitch Ratings said in a new report. "Fitch currently has a negative ...
AI Will Transform Insurance Industry, Execs Say: Accenture Report
Three-quarters of insurance executives believe that artificial intelligence will transform the overall industry within three years, although a slightly lower percentage foresee significant changes ...
Man and Machine: The Future of Insurance Work and Workforce
Early this year, news of a large Japanese insurance company replacing 34 of their employees with artificial intelligence (AI) sent shockwaves throughout the industry. While automation is nothing new ...
SCOTUS Tightens Rules on Where Injury Suits Can be Brought
The U.S. Supreme Court on Tuesday tightened rules on where injury lawsuits may be filed, handing a victory to corporations by undercutting the ability of plaintiffs to bring claims in friendly courts ...
What Happens If United States Quits Climate Deal
Earth is likely to reach more dangerous levels of warming even sooner if the U.S. retreats from its pledge to cut carbon dioxide pollution, scientists said. That's because America contributes so much ...
House National Flood Insurance Program Revamp Calls for 5-Year Renewal
A much-anticipated House subcommittee proposal on flood insurance promises to reauthorize the National Flood Insurance Program (NFIP) for five years beyond its September 30 expiration date. The ...