News
Is State Farm General a Sinking Ship? California Emergency Rate Request Dropped to 17%
Lawyers for State Farm General, the California Department of Insurance and Consumer Watchdog presented opening arguments in a hearing to determine the fate of State Farm's request for an emergency ...
AccuWeather: Severe Storms in Central US Cause $80-$90B in Damages, Economic Loss
A multiday severe weather outbreak in the central U.S. caused an estimated $80 billion to $90 billion in total damage and economic loss, according to a preliminary estimate from AccuWeather. From ...
Insurance Industry Contemplates Knock-On Effect of Tariffs to Claims, Consumers
Insurance industry analysts, economists and trade associations have continued to look at the potential effect of President Donald Trump's tariffs. About a month after Trump looked to impose steep ...
Pedestrian Deaths Decline, But Still 50% Higher Than a Decade Ago: Report
New analysis indicates drivers struck and killed 3,304 pedestrians in the United States in the first half of 2024, down 2.6 percent from the year before but up nearly 50 percent from 2014, according ...
USDA Opens 59% of Federal Forest for Logging to Manage Wildfire Risk
Agriculture Secretary Brooke Rollins placed nearly 113 million acres of forest — amounting to 59 percent of all federally managed forests — under an emergency determination aimed at boosting ...
Boeing Settles Lawsuits With Two 737 MAX Crash Victims’ Families
U.S. plane maker Boeing Co reached settlements with the families of two people who died in the March 2019 crash of an Ethiopian Airlines Boeing 737 MAX on the eve of a trial, the company and lawyers ...
Verisk Buy of Nasdaq Subsidiary Gains Access to Hundreds of Catastrophe Models
Verisk said it has acquired Nasdaq subsidiary Simplitium Limited, the owner and operator of Nasdaq Risk Modelling for Catastrophes (NRMC). NRMC is a software-as-a-service platform that supports an ...
Early CSU Hurricane Season Forecast Calls for ‘Above-Average’ Activity
The team of hurricane researchers at Colorado State University has predicted an above-average Atlantic hurricane season for 2025. CSU's initial forecast of the hurricane season issued April 3 calls ...