News
World’s First Catastrophe-Bond ETF Falters in ‘Crazy’ Market
The world's first-ever exchange-traded fund based on catastrophe bonds has failed to get the seed capital it expected after launching on the eve of the Trump administration's tariff war. "Some of our ...
Senate Hearing Examines Insurance Markets Amid Recent Disasters
The Committee on Banking, Housing, and Urban Affairs hosted a hearing Thursday on "Examining Insurance Markets and the Role of Mitigation Policies." Robert Gordon, senior vice president, Policy, ...
Mental Health Concerns Continue with Gen Z: The Hartford
Though Gen Z's mental health concerns are lower than last year, their concerns continue to be higher than other generations, according to a new report by employee benefits and workers' compensation ...
Waymo May Offer Robotaxis for Personal Ownership in Future
Alphabet's Waymo self-driving taxis may be available for people to own in the future, CEO Sundar Pichai said on Thursday, just as electric vehicle maker Tesla gears up to roll out robotaxis this year ...
Loss of FEMA Program Spells Disaster for Hundreds of Communities and Projects
The textile mills that once served as the backbone of Mount Pleasant, North Carolina, have long been shuttered, and officials believed federal money would be key to the town's overdue revitalization. ...
Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils
Global insured losses from natural catastrophes hit $137 billion in 2024, following the 5-7 percent annual growth rate that has been the norm in recent years, according to Swiss Re analysis. If this ...
Major Automakers Want Congress to Bar California’s 2035 EV Plan
Major automakers want Congress to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting ...
Insurance Customers Embrace AI When Clear Value, Benefits Shown: Survey
A new survey reveals that while 25 percent of U.S. adult respondents view AI use by insurers negatively, more than half (55 percent) are indifferent. But when AI delivers tangible benefits like ...