Industry News
Most U.S. Drivers Support Anti-Speeding Technology in Vehicles: IIHS Survey
More than 60 percent of the drivers in the United States would find it acceptable if their vehicle provided an audible and visual warning when they exceeded the posted speed ...
SpaceX Sued by Engineers Fired After Accusing Elon Musk of Sexism
Rocket maker SpaceX and its CEO Elon Musk were sued on Wednesday by eight engineers who say they were illegally fired for raising concerns about alleged sexual harassment and ...
Key Emerging Risks: Cascading Effects of Natural Disasters, Supply Chain Resilience
Key emerging risks facing global economies, businesses and the re/insurance industry include the cascading effects of natural disasters, the weakening resilience of supply chains and the ...
Hiscox Appoints New U.S. CEO as Kerridge Steps Down
Specialty insurer Hiscox has appointed Mary Boyd as chief executive officer of its USA business unit. She joins the specialty insurer on June 24, replacing Kevin ...
Contractors Can’t Advertise ‘Insurance Negotiating’ Skills, Texas Supreme Court Says
A contractor cannot be the public adjuster on a claim and cannot advertise itself as an insurance claims negotiator if it does not hold an adjusters' license, the Texas Supreme Court decided in a ...
InsurTech Summit Report: Capturing Data to Underwrite With AI
While they come to the property/casualty insurance sector with very different backgrounds, and currently participate in unrelated segments of the market, two InsurTech executives agree that ...
Trust Is Top Driver of Auto Insurance Customer Satisfaction: J.D. Power
High auto insurance premiums don't necessarily erode customer satisfaction with auto insurers, according to the latest J.D. Power 2024 U.S. Auto Insurance Study. The study, in its 25th year, has been ...
Nuclear Verdicts’ Amount, Frequency Continue to Increase: U.S. Chamber of Commerce
A recent report from The U.S. Chamber of Commerce Institute for Legal Reform (ILR) has found that nuclear verdicts of $10 million or more are on the rise. Looking at verdicts from 2013 to 2022, ILR ...