News
NY Lawmakers Agree to Governor’s Auto Insurance Reforms in New Budget
After bypassing the April 1 deadline and engaging in weeks of debate and compromise, New York lawmakers have agreed on a $268.5 billion budget that includes auto insurance reforms championed by Gov. ...
Florida P/C Market Now Totals 20 Insurers
Three new property and casualty insurers have entered Florida's market, according to an announcement last week by Insurance Commissioner Mike Yaworsky. Builder Reciprocal Insurance Exchange, ...
Moody’s: U.S. Faces $375B in Uninsured Flood Losses From 1-in-100-Year Event
The U.S. faces a widening gap between growing flood risk and the take-up of flood insurance, potentially exposing the nation to more than $375 billion in aggregated uninsured flood losses from a ...
Work Zone Crash Analysis: Distracted Driving Cited As Main Cause
A new survey indicates that most work zone crashes in the Carolinas are the result of distracted driving, according to the Associated General Contractors of America (AGC). The nationwide survey ...
Climate Change Fueling Growth of Antibiotic-Resistant Salmonella
Climate change is linked to a 10% global increase in antibiotic-resistance genes in Salmonella, according to new research that suggests warming temperatures and shifting rainfall patterns could ...
Tesla’s Former AI Trainers Don’t Trust its Self-Driving Tech or Safety Stats
In a Utah office, hundreds of Tesla workers scrutinize video collected by vehicles using the automaker's Full Self-Driving (FSD) feature. Some clips show the cars hitting cats, dogs or deer, along ...
Opposition Could Delay Proposed $7B Settlement in Roundup Lawsuits
Delays could be in store for a proposed $7.25 billion settlement covering thousands of claims that the maker of Roundup weedkiller failed to warn people the product could cause cancer. An attorney ...
Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI
Acrisure's CEO told employees that about 2,250 of them won't be with the company by the end of 2027. The Grand Rapids, Michigan-based global broker is planning to reduce its headcount by about 11%, ...