Studies Find Automatic Braking Can Cut Crashes over 40%
Two new U.S. studies show that automatic emergency braking can cut the number of rear-end automobile crashes in half and reduce pickup truck crashes by more than 40 ...
Markets
RMS: Less Than $2B in Insured Losses From Hurricane Nicole
Catastrophe modeler RMS said private market U.S. insured losses from Hurricane Nicole are estimated at less than $2 billion, with a best estimate of $1.6 billion.
Where Carriers Are Spending: The Investments Driving Underwriting Change
Although nearly two-thirds of underwriting professionals surveyed in 2021 said that AI and automation tools aren't easing their workloads—and 28 percent said their ...
European Countries Face Strikes, Protests Due to High Energy Prices, Cost of Living
European countries are facing strikes and protests due to high energy prices and mounting costs of living. Here are details of some recent and current industrial actions and ...
UPC Reports $173M Loss for Q3, Begins Personal Lines Non-Renewals Jan. 1
The parent company of United Property & Casualty Co., already working to close up shop in Florida and other states after years of financial setbacks, reported a $173 million net loss for the ...
AI Algorithms, Return-to-Office Rules Seen Boosting ADA Claims
Technological innovations and changing work arrangements brought on by the COVID-19 pandemic are among some of the emerging issues that can make employers vulnerable to discrimination lawsuits, a top ...
Down Nearly 15%: Falling D&O Prices Becomes A Thing After Years of Hikes
Directors and officers liability pricing fell 14.7 perecent in the third quarter, according to a recent survey. Aon's Financial Services Group's Q3 2022 pricing index for the quarter ending on ...
California Sues Over ‘Forever Chemicals’ That Taint Water
A lawsuit filed by the state of California accuses 3M, Dupont and 16 smaller companies of covering up the harm caused to the environment and the public from chemicals manufactured by the firms that ...
Google to Pay About $400 Million to Settle Location-Tracking Lawsuit
Alphabet's Google will pay about $400 million to settle a complaint brought by a group of states over allegations the search and advertising giant illegally tracked users' ...
