Commercial Lines
Tesla Faces Increase in Complaints Over ‘Phantom Braking’
Tesla Inc. is facing stepped-up scrutiny from U.S. regulators who have received 758 complaints of cars made by the company that suddenly brake at high speeds—more than double the number of reported ...
‘Pay-As-You-Go’ Workers Comp MGA Hourly Raises $27M
Workers compensation InsurTech Hourly has raised $27 million in a series A seed round. The platform lets employers with hourly workers run payroll, track time and attendance, and manage workers ...
Federal Investigators to Review FDA Response to Baby Formula Recall
Federal investigators have launched a review into whether the U.S. Food and Drug Administration properly inspected Abbott Laboratories' Michigan plant and how the agency oversaw the baby formula ...
FEMA Pushing for Stronger Building Codes Nationwide
On the first day of the Atlantic hurricane season, federal officials announced a new initiative to modernize building codes across the country so that communities can be more resilient extreme ...
U.S. Product Recalls Reach 10-Year High in Q1
Over 900 million units were recalled during the first quarter in the United States in the automotive, consumer products, food and drink, pharmaceutical, and medical device industries, according to ...
Cyber Insurance Premiums Up 27.5% to Lead All Lines in Q1: CIAB
According to The Council of Insurance Agents & Brokers' (CIAB) Commercial Property/Casualty Market Index, capacity for cyber insurance may be decreasing while demand is increasing, which could ...
Cyber-Hygiene Confidence Low but Insurance Is Making an Impact: Survey
Nearly three quarters of global cyber-risk decision-makers recently surveyed said their company experienced at least one cyber attack in the past year, and while these attacks have spurred more ...
Can U.S. Gunmakers Be Liable for Mass Shooting?
An 18-year-old gunman stormed a Texas elementary school on Tuesday and killed 19 children and two teachers, reigniting a debate in the United States over gun control and the ...
