Markets
Trump’s Auto Tariffs to Cover Hundreds of Billions of Dollars of Vehicle, Parts Imports
U.S. President Donald Trump's 25 percent auto tariffs will cover hundreds of billions of dollars worth of imports of vehicles and auto parts imports annually, according to a ...
15% of W.R. Berkley Shares Being Acquired by Mitsui Sumitomo Insurance
Last Friday, W.R. Berkley Corp. said that Japanese property/casualty insurer Mitsui Sumitomo Insurance Co. would buy a 15% stake in the company through open market purchases or private transactions ...
IRC Finds Personal Auto Insurance Affordability Better Than in the 2000s
According to a new report from the Insurance Research Council, auto insurance is more affordable now than at the start of the 21st century. The IRC, an affiliate of The Institutes, concluded that the ...
Revisiting California’s Wildfires: A Personal Journey
PART TWO OF A TWO-PART SERIESI had been determined not to visit the scene of such grief and despair ...
HOA Secures $2.5M ‘Wildfire Resilience Insurance’: WTW
Willis, a WTW business, and The Nature Conservancy (TNC) jointly announced the launch of an insurance policy for a private homeowners association in California—available and affordable because the ...
State Farm Wins Dismissal of Homeowners’ Class Action Over Use of Xactimate Software
A federal judge has dismissed a proposed class action filed on behalf of Pennsylvania homeowners who believe that State Farm undervalued their property damage claims in its use of the Xactimate ...
Insuring ‘Red Zone’ High-Value Homes
When the calendar flipped to 2025, Lacey Garrison Strom was optimistic. As the executive vice president of private client services at California-based Heffernan Insurance Brokers, Garrison Strom ...
From Repairs to Insurance, Auto Tariffs Could Make Owning a Car More Expensive
Even if you're not in the market for a new car, U.S. President Donald Trump's 25 percent tariffs on auto imports could make owning one more expensive. The new taxes, which are set to begin April 3 ...