Risk
California Crisis Fixes: RAA Recommends Insurance Code Changes
The Reinsurance Association of America (RAA) has weighed in with some recommended fixes to the growing homeowners insurance crisis in California, warning policymakers to be mindful of the risks of ...
Hurricane Lee Could Become First Cat 5 of the Season
A new hurricane off the Atlantic coast has the potential to turn into a Category Five hurricane, according to the National Hurricane Center. Wind speeds could reach 160 mph, according to Phil ...
Auto Makers Remain Vague on Data Collected, Sold
Most major car manufacturers admit they may be selling your personal information - though they are vague on the buyers, a new study finds, and half say they would share it with the government or law ...
New Study Says Autonomous Vehicles Significantly Reduce BI/PD Claims
A first-of-its-kind study has revealed that autonomous vehicle technology reduced bodily injury claims frequency by 100 percent and property damage claims frequency by 76 percent. Global reinsurer ...
Major Malware Network Accused of 30% of Global Cyber Attacks Seized
U.S. officials said Tuesday that the FBI and its European partners infiltrated and seized control of a major global malware network used for more than 15 years to commit a gamut of online crimes ...
Extreme Weather Hits Summer Tourism Businesses Hard
For small businesses that rely on summer tourism to keep afloat, extreme weather is replacing the pandemic as the determining factor in how well a summer will go. The pandemic had its ups and downs ...
State Insurers Weather Hurricane Idalia Amid Florida Market Pullback
Florida-only insurers such as Citizens Property Insurance anticipate fewer losses from Hurricane Idalia than from previous storms in the state, even as industry experts expect further insurer ...
Tampa Bay Dodges Direct Hurricane Hit, Deals With Significant Flooding
Last year it was Hurricane Ian that drew a bead on Tampa Bay before abruptly shifting east to strike southwest Florida more than 130 miles (210 kilometers) away. This time it was Hurricane Idalia, ...