News
GEICO, Farmers, Travelers and More Rally Adjusters for Harvey Cat Losses
Teams of insurance adjusters from GEICO, Farmers, Travelers, USAA and State Farm mobilized in Texas on Aug. 25 even before Hurricane Harvey slammed into the Texas coast late that evening. The ...
Pre-Bailout CEO, Exec Pay Returns to AIG
American International Group Inc's new Chief Executive Brian Duperreault has pledged to revive the insurer's glory days of top talent, underwriting discipline and fat profit margins. One thing he has ...
Harvey’s Impact on Insured and Uninsured Alike Soars in Growing Economic Catastrophe
Hurricane Harvey's second act across southern Texas is turning into an economic catastrophe -- with damages likely to stretch into tens of billions of dollars and an unusually large share of victims ...
Harvey Likely to Hike U.S. Flood Insurance Program Debt
The destruction that heavy rain and floods from Hurricane Harvey could inflict on Texas would add to the pile of debt owed by a federal flood insurance program that is due to expire in September, ...
Round 2 of Hurricane Harvey Poised to Drive Up Economic Damage in Texas
As Harvey's winds die down, trouble for Texas may have just begun with forecasts for unprecedented flooding across the heart of U.S. energy production and in Houston, the nation's fourth-largest ...
Hurricane Harvey Isn’t Going Away as Rain, Flooding Linger: RMS
Hurricane Harvey is now a slow-moving tropical storm in coastal Texas. Beyond the initial storm damage itself, the historic flooding it is leaving behind will lead to equally significant economic and ...
Parmesan Cheese Labeling Lawsuits Tossed by U.S. Judge
A U.S. judge on Thursday dismissed lawsuits by consumers who had sued food manufacturers and retailers over their "100% grated Parmesan cheese" labels, alleging they were deceiving buyers because the ...
Automated Car Safety Systems Working; Preventing Crashes: Studies
Safety systems to prevent cars from drifting into another lane or that warn drivers of vehicles in their blind spots are beginning to live up to their potential to reduce crashes significantly, ...