News
Faulty Door Trim Prompts Ford Recall Nearly Half a Million Explorers
Ford is recalling nearly half a million older Explorer models because part of the door trim can detach while driving and cause a dangerous road hazard, U.S. auto safety regulators said Wednesday. A ...
Waymo Halts LA Service After Cars Destroyed During Protests
Waymo has suspended service of its ride-hailing service in downtown Los Angeles after its vehicles were set on fire during protests against immigration raids in the area. Waymo doesn't believe the ...
U.S. P/C Industry Posts $1.1B Q12025 Underwriting Loss: AM Best
Growth in net earned premiums during the first three months of 2025 was offset by losses and expenses, resulting in a $1.1 billion net underwriting loss of the U.S. P/C industry. According to ...
Erie Insurance Dealing With Network Outage Affecting All Systems
Pennsylvania-based Erie Insurance on Sunday reported it is experiencing a "network outage that is affecting all systems." Customers are unable to access online accounts or reach customer care or ...
Hedge Funds Face California Rebuke Over Role in Wildfire Claims
Hedge funds are facing pushback in California as their bets tied to insurance claims stemming from the Los Angeles wildfires are attacked as unethical. The transactions in focus are tied to so-called ...
InsurTech Slide Targets $2B-Plus Valuation in IPO
Insurance tech company Slide is aiming for a valuation of up to $2.12 billion in its U.S. initial public offering, joining a lineup of insurance companies that have made impressive stock market ...
Multi-Million Dollar Staged Crash Scheme Busted in Louisiana
A suspected staged crash led investigators from the Louisiana State Police Insurance Fraud and Auto Theft Unit (IFAT) Breaux Bridge Field Office to a $10 million dollar scheme to defraud insurance ...
U.S. Official Reports NOAA ‘Fully Staffed’ With Forecasters, Scientists
[no_auto_dropcap}U.S. Commerce Secretary Howard Lutnick told a Senate hearing that the National Oceanic and Atmospheric Administration (NOAA) is "fully staffed" with weather forecasters and ...