Risk
IBHS FORTIFIED Program Could Have Saved Insurers $116.1M in Hurricane Sally Losses
New data indicates insurers would have saved $105.6 million in losses if all homes in Hurricane's Sally's path had been built or retrofitted to the FORTIFIED Roof standard, according to a study by ...
Increased Traffic Fatality Risk During Memorial Day Weekend
Up to 443 people may die in preventable traffic crashes during the 2025 Memorial Day holiday period, representing a 6 percent increase from 2024's estimate, according to the National Safety Council. ...
AI Spots Suspicious Claims Earlier Than Traditional Approaches: Study
Machine learning models detect suspicious claims two weeks after submission, much faster than traditional methods, according to a new CLARA Analytics study on fraud detection in property/casualty ...
FEMA Senior Officials to Exit as Trump Targets Agency
The U.S. Federal Emergency Management Agency announced the departure of 16 senior executives on Wednesday, a significant shakeup of its leadership ranks less than two weeks before the start of what ...
Eliminating Outdated Excise Tax on New Trucks Would Benefit Safety: ATRI
Repealing a century-old federal excise tax on heavy trucks could prevent 729 crashes and eight roadway deaths annually, a recent report from the research arm of the American Trucking Associations ...
Hot Weather, High Demand to Pressure US Power Grid This Summer
Projected searing temperatures across the U.S. and the proliferation of data centers are expected to send electricity consumption to a four-year high this summer, testing the grid and pushing up ...
Insurance Gap Highlights Texas’ Growing Flood Risk
Texas is facing a critical shortfall. With more than 2.1 million properties projected to face flood exposure over the next 30 years, and over 200,000 expected to flood with near certainty, urgent ...
Boost Prices or Retreat? How Carriers Improved Homeowners Books in 2024
Direct written premiums in the U.S. homeowners insurance market rose more than 13 percent in 2024, and the net combined ratio for the line fell below breakeven for the first time in five years. ...
Motorcyclist Fatality Rate 28 Times Higher Than Car Drivers, NHTSA Urges Safety
A new advisory by the U.S. Department of Transportation's National Highway Traffic Safety Administration urges safety as Motorcycle Safety Awareness Month gets underway.The ...