Arch Insurance Acquires InsurTech Thimble

Arch Insurance said it has acquired Thimble, an InsurTech platform that enables small businesses to get insurance coverage by the job, month or year using app, website or ...

Lawsuit, Adjuster Say UPC Altered Louisiana Estimate After Hurricane Ida

The practice of insurance companies revising independent adjusters' damage reports may be as widespread in Louisiana as it is in Florida, according to adjusters and a ...

Dog-Related Injuries Cost Insurers More Than $1 Billion in 2022

Insurers paid out more than $1 billion in dog-related injury claims in 2022, a 28 percent increase over 2021 even though the number of claims decreased last year, ...

Regulators Say Railroads Must Examine How They Build Trains

Federal regulators said Friday that railroads need to re-examine how they assemble their trains after a string of derailments in recent years that were at least partly ...

Catastrophe Losses Drive 2021 U.S. P/C Insurer Impairments: AM Best

Seventeen U.S. property/casualty insurance companies became impaired in 2021, with seven of the impairments driven by catastrophe losses from hurricanes, primarily in ...

U.S. States Consider Ban on Cosmetics With ‘Forever Chemicals’

A growing number of state legislatures are considering bans on cosmetics and other consumer products that contain a group of synthetic, potentially harmful chemicals ...

Tech Bytes: New Partnerships at TSIQ, Distinguished, CLARA

EPA to Propose New Vehicle Pollution Cuts, Sees Big EV Jump

The U.S. Environmental Protection Agency is set to propose new rules to spur sweeping cuts in vehicle emissions pollution that will push automakers toward a big increase ...

AM Best Places Ratings of R&Q and Subsidiaries Under Review With Negative Implications

AM Best has placed under review with negative implications the Financial Strength Rating of "A-" (Excellent) and the Long-Term Issuer Credit Ratings of "a-" (Excellent) ...

Insurer Scores Court Victory Over Green Energy Tax Credits

An insurance company is entitled to generous tax credits even if the carrier did not invest directly in renewable energy projects, a North Carolina court has decided, ...