News
Homeowners, Insurers Won’t Break Even When Maui Fire Lawsuit Payouts Begin
Leslie Clark isn't counting on money from the Maui wildfire settlement to help rebuild her family home near Front Street in Lahaina. Worrying about something out of her control "is not good for your ...
Independent Agents Can Get Appointed to Sell Root Auto Insurance in One Day
Although InsurTech Root has talked more about embedded partners than agents in the years since announcing it would add an independent agency distribution channel, the car insurer has been working to ...
Speeding Drivers On Cell Phones More: IIHS Study
New telematics analysis indicates speeding drivers are on their cell phones more, potentially mixing two dangerous distractions, according to the Insurance Institute for Highway Safety (IIHS). "Until ...
Chinese Air Bag Components Tied to 10 Crash Deaths Banned in the U.S.
The National Highway Traffic Safety Administration on Wednesday banned substandard Chinese replacement automobile air bag inflators after 10 fatal crashes, saying they pose a significant risk to ...
Investigator Says Camp Mystic’s Teen Counselors Had No Emergency Training Before Flood
Young and inexperienced Camp Mystic counselors were not trained to help campers during floods or other emergencies, and feared making decisions on their own, an investigator into the flood that ...
Rational Market? How About ‘Dumb’ and ‘Bizarre’?
Industry executives who described insurance and reinsurance markets as "rational" in the not-so-distant past are now using words like "dumb" and "bizarre" to characterize soft-market competitor moves ...
Unexpected $115B+ Insured Loss Needed to Harden Property Market: Gallagher Re
Global and regional natural catastrophe activity and loss totals were lower in the first quarter of 2026 than in comparable quarters of previous years, leaving the reinsurance industry ...
NYC Begins 10 Days of Flying Taxis With Manhattan-JFK Flights
Joby Aviation Inc. is planning to fly electric air taxis between John F. Kennedy International Airport and Manhattan this week to show off its quieter, zero-emission aircraft in a city weary of noise ...