Industry News
Tesla Opens Floodgates for Owners to Test Out Automated Driving
Tesla Inc. is making its controversial driver-assistance system available to customers previously deemed not safe enough behind the wheel to test it out. Chief Executive Officer Elon Musk tweeted ...
Fla. Supreme Court Suspends License of Mobile Claim Center Lawyer
The Florida Supreme Court on Monday suspended the law license of attorney Jennifer Perez, who was in charge of a "mobile claim center" that was set up in a trailer in North Fort Myers about a week ...
Munich Re: 2022 Hurricane Season Third-Most Expensive
The 2022 North Atlantic hurricane season caused approximately $65 billion in insured losses and overall losses around $110 billion, making it the third-most expensive season to date, according to ...
Hazard Assessments Lag at Restaurant Companies: Marsh
Formal hazard assessments at restaurants are key in reducing worker injuries and insurance claims. In recent years, however, a sizable number of companies have not conducted the required ...
Executives on the Move at PLRB, Corvus, AXA XL, BHSI
The Property & Liability Resource Bureau (PLRB) announced that Bryan Falchuk has been named the company's next president and chief executive officer, effective Jan. 1, 2023. Falchuk succeeds ...
U.S. E&S Premiums Continue Growth in 2022: S&P
According to an analysis by S&P Global Market Intelligence, the U.S. excess and surplus market continued to grow in 2022, surging $37.6 billion in premiums during the first six months. Direct ...
Report From California Insurers Calls for More Freedom to Use Wildfire Catastrophe Models
Associations representing insurers operating in California on Tuesday released an analysis from Milliman showing wildfire catastrophe models would improve homeowners' access to insurance in the face ...
Cybersecurity Company SPHERE Receives $31M for Series B Funding
SPHERE Technology Solutions announced a $31 million series B investment led by Edison Partners, a Princeton, New Jersey-based growth equity firm, with participation from existing investor Forgepoint ...