Markets
Mercury Insurance and Safeco Insurance to Transition California Customers and Agents
Mercury Insurance is partnering with Liberty Mutual Insurance on a plan to provide coverage for thousands of California Safeco Insurance customers impacted by a shift in Liberty Mutual's California ...
Tesla, Musk Sued by Shareholders Over Robotaxi Claims
Elon Musk and Tesla were sued by shareholders who accused them of securities fraud for concealing the significant risk that the company's self-driving vehicles, including the Robotaxi, were ...
Lemonade Posts Another Quarterly Loss but Car Growth Continues
InsurTech Lemonade reported a second-quarter 2025 net loss of about $44 million compared with a loss of $57.2 million a year ago during the same time. Though still a loss, it was a 23 percent ...
Companies Spending Record Amounts to Protect Executives as Threats Rise
U.S. companies are spending record amounts to keep their executives safe in response to rising threats and the killings of two high-profile corporate officials in separate attacks in Manhattan over ...
Does Care Started by Advanced Practitioners Result in Different Workers Comp Outcomes?
A newly released decade-long study by the Workers' Compensation Research Institute (WCRI) indicates that claims initiated by nurse practitioners (NPs) and physician assistants (PAs) didn't lead to ...
Berkshire Insurance Units Report Lower Q2 Operating Income Overall
GEICO was the only one of Berkshire Hathaway's major property/casualty reporting divisions to post higher underwriting profit in the second quarter of 2025. But a 2.0 percent rise in underwriting ...
Viewpoint: Green Technologies Bring New Property Risks – and Opportunities
From roof-mounted solar panels and automated warehouses to electric vehicle depots, green technologies are transforming commercial property risk profiles. While these innovations improve energy ...
‘Soft Market Under Stress’ Offers Unique ‘Moment’ for Insurance Buyers
A buyer-friendly competitive commercial insurance market is likely to be short-lived, according to a new analysis of second-quarter 2025 market conditions from global professional services firm Aon. ...