Markets
Rate Hikes, Telematics, Data Science Leading Allstate Back to Profit
For the second time this month, a personal auto insurance giant devoted an investor conference to the topic of rate hikes, with Allstate executives also assuring listeners the carrier has various ...
Russia’s Seizure of Foreign Jets Triggers Wave of Insurance Claims From Leasing Firms
Russia's move to transfer almost 800 foreign-owned jets to its own aircraft register amid foreign sanctions has triggered a wave of insurance claims from leasing firms whose fleets have effectively ...
Workers Reporting Injuries Earlier in Tenure, Carrier Study Reveals
An insurer's study of a decade of workers compensation claims reveals that injury reports in 2021 came from employees who hadn't been on the job as long as those who reported claims in 2011. On ...
U.S. Fuelmakers on Hook for Vehicle Emissions in New SEC Rule
U.S. drillers and refiners will likely need to report estimated greenhouse gas emissions from the cars, trucks, planes and ships that use their fuel if a rule proposed by U.S. regulators on Monday ...
BHSI Appoints Godhwani, Bresnahan to New Executive Leadership Roles
Berkshire Hathaway Specialty Insurance (BHSI) announced that Sanjay Godhwani has been named president, North America Region, and David Bresnahan will take on the role of global chief operating ...
Will Companies Exiting Russia Be Able to Recoup Losses With Insurance?
Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc to carmaker Hyundai Motor Co. to PwC, a global ...
Study: SUVs, Pickups Hit Pedestrians More Often Than Cars Do
Drivers of bigger vehicles such as pickup trucks and SUVs are more likely to hit pedestrians while making turns than drivers of cars, according to a new study. The research released Thursday by the ...
Modernizing an Antiquated Industry One Data Point at a Time
We've all heard the corporate mantra, "The customer is at the center of everything we do." While admittedly cliche, it's not a mantra to be taken lightly by companies in the insurance industry. When ...