Climate Activists, Companies Lawyer Up for Courtroom Battles
As global temperatures and emissions climb, people are increasingly turning to courtrooms to challenge fossil fuel companies' activities, leading to wins on issues like ...
Industry News
Governments Increasingly Will Foot Bill for Climate Risks as Insurers Exit: Report
As insurers start to pull out from markets battered by the fallout of climate change, governments are increasingly at risk of having to foot the bill, according to the ...
What to Expect: 8 InsurTech Predictions for 2024
2023 has been a tough year for InsurTechs to raise the Venture Capital they need to grow. Investors turned their backs on whole categories like full-stack carriers and direct-to-consumer startups. ...
Reinsurers’ Earnings Rise on Lower Disaster Losses, Improved Investment Results: Fitch
Lower natural catastrophe losses, better investment results and strong revenue growth in property/casualty reinsurance led to strong earnings' increases for the four main ...
Reinsurers Cautious About U.S. Regional Property Cat as Storm Losses Rise: Gallagher Re
After a costly 2023 severe convective storm season in the U.S., reinsurers underwriting in the regional property-catastrophe market are skeptical about providing ...
Tesla Launched Its Own Car Insurance. These Drivers Say It’s a Lemon.
In February, Mark Bova purchased a used 2018 Tesla Model S. Before leaving the dealer, he bought insurance from Tesla, finding the initial $93 monthly premium "really ...
Details of Calif. Wildfire Plan Sketchy, but a Useful Marketing Tool for Data Vendors
A proposal by California's insurance regulator to require insurers to write more policies in areas at risk of wildfires is more a promise than a plan, but the ...
Judge Upholds $24M Award in Suit by Employee With Social Anxiety Disorder
A federal district court judge in Massachusetts has upheld a $24 million jury award for a woman who sued her employer for retaliation and discrimination because of her social anxiety disorder. The ...
Schools Look to Improve Cybersecurity, but Many Vulnerable to Ransomware
Some K-12 public schools are racing to improve protection against the threat of online attacks, but lax cybersecurity means thousands of others are vulnerable to ...
