No Escape From Tariffs — Not Even for D&O Liability Insurers
While property/casualty insurance executives are largely focused on the impacts of tariffs on short-tail lines like personal auto and property, investment market jitters ...
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Class Action Accuses Toyota of Illegally Sharing Drivers’ Data With Progressive
A federal class action lawsuit filed this week in Texas accused Toyota and an affiliated telematics aggregator of unlawfully collecting drivers' information and then selling that data to Progressive. ...
Political, Global Uncertainty Influence C-Suite Turnover: Survey
While C-Suite executives remain cautiously optimistic about the prospect of lower taxes and reduced regulations, it is tempered by uncertainty related to global tariff conflicts, associated cost ...
Many Canadian ‘Snowbirds’ Selling US Homes, Heading North for Good
The number of Canadian "snowbirds" planning to sell their second homes in sunny Florida and Arizona has surged this spring, many of them put off by the sudden chill that has blanketed relations ...
Dog Bite Claims Soar in Frequency and Cost: Report
Insurers in the U.S. paid out $1.57 billion in dog-related injury claims in 2024, according to data compiled by the Insurance Information Institute (Triple-I) and State Farm. The number of dog bite ...
15 Years After Deepwater Horizon Oil Spill, Lawsuits Stall and Restoration Is Incomplete
Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons (500 million liters) of crude gushing into the ocean, the effects of the ...
Wildfire Losses Cut Chubb Q1 Net Income 38%; Tariffs Create ‘Confusion’
First quarter 2025 net income at Chubb fell nearly 38 percent to about $1.3 billion as losses from the California wildfires overcame underlying results. Chief Executive Officer Evan G. Greenberg in a ...
U.S. Excess & Surplus Lines Boost London Market Top-Line Growth
The U.S. excess and surplus lines market continues to offer profitable growth opportunities for insurers and reinsurers in the London market—which could help counteract some possible headwinds, ...
Tesla Settles Wrongful Death Lawsuit Claiming Sudden Acceleration in Ohio Crash
Elon Musk's electric vehicle company Tesla has agreed to settle a wrongful death lawsuit filed by the estate of a man who was killed in 2021 after his Tesla crashed and caught fire near Dayton, Ohio. ...