Markets
Inflation Drives 33% Jump in Auto Telematics Adoption in Q1 2022
TransUnion's latest Personal Lines Insurance Shopping Report found the number of consumers who accepted a telematics offer from their auto insurance provider increased 33 percent since the end of ...Video: How One Tech Startup Is Getting Roofs Repaired Faster
Why do residential property claims drag on for months, leaving homeowners waiting for needed repairs? One reason: contractors don't have incentives to move repairs forward quickly. And often, ...
J.D. Power Survey Finds Auto Insurance Customer Satisfaction Has Eroded
J.D. Power found in a recent survey that auto insurance customer satisfaction with price has plummeted, driving a surge in policy shopping activity while dragging on the purchase experience index. "A ...
Data Breach-Related Securities Suit Filed Against Cyber Firm Okta
Following a trend in directors and officers litigation involving cybersecurity firms, Okta Inc. now faces a securities class action lawsuit alleging the firm made false and misleading statements, ...
Costlier Errors: Legal Malpractice Claims Severity Keeps Rising
Almost all insurers that participated in a recent survey said they have been involved with a lawyers professional liability insurance (LPLI) claim of more than $50 million in the last two years — ...
Global Power Grids Face Biggest Test in Decades; Summer Blackouts Expected
Global power grids are about to face their biggest test in decades, with electricity generation strangled in the world's largest economies. War. Drought. Production shortages. Historically low ...
Average Age of U.S. Cars Hits Record 12.2 Years in Fifth Straight Annual Increase
Cars on U.S. roads are as old as they've ever been, potentially complicating efforts to expand the use of new safety and emissions-reduction technologies. The age of light vehicles domestically is ...
U.S. Pedestrian Fatalities Projected to Reach Highest Level in 40 Years
Twenty people per day were hit and killed by drivers last year, according to an analysis by the Governors Highway Safety Association (GHSA). Using the latest data available to project the number of ...