News
New Survey Highlights Top States for Road Rage
California, Missouri and Utah top the states with the most road rage, according to a new Forbes Advisor survey of 10,000 licensed drivers. Nine key metrics were used to measure the occurrence of road ...
Church Insurance Rates Skyrocket Due to Increased Disasters, High Rebuild Costs
The Rev. John Parks was taking his first sabbatical in 40 years of ministry when he got a call from his church's accountant with some bad news. Church Mutual, the church's insurance company, had ...
Senate Democrats Seek to Reverse Supreme Court Curb on Regulatory Agency Power
Democratic U.S. senators on Tuesday introduced a bill designed to undo a ruling last month by the U.S. Supreme Court that curtailed the ability of federal agencies to issue regulations addressing ...
Study Finds Link Between Mass Layoffs and Data Breaches
A new study suggests there may be a correlation between mass layoffs and data breaches. According to a research team led by faculty from Binghamton University, State University of New York, since ...
Executives on the Move: Liberty Mutual Names Next CFO
Liberty Mutual Insurance announced that Julie Haase has been named executive vice president and chief financial officer, effective Jan. 1, 2025, replacing Christopher Peirce, who will retire at the ...
CrowdStrike Outage Insured Losses Could Reach $1.5B
Global insured losses from last week's massive IT outage are likely to range from $400 million to $1.5 billion, cyber analytics firm CyberCube said on Thursday. A software bug in cyber security firm ...
J.D. Power: Auto Insurance Shopping Hits New High, Could Drop With Rate Adequacy
The national auto insurance shopping and quoting rate reached a new high between April and June, but many insurers appear to have achieved or are approaching rate adequacy, "which should lead to less ...
‘Surface Waters’ on Roof Are Not ‘Flood’ Waters, Massachusetts High Court Rules
The highest court in Massachusetts has ruled that rainwater accumulation on roofs of buildings does not constitute "surface waters" within the meaning of "flood" in property insurance policies. The ...