News
U.S. Excess & Surplus Lines Boost London Market Top-Line Growth
The U.S. excess and surplus lines market continues to offer profitable growth opportunities for insurers and reinsurers in the London market—which could help counteract some possible headwinds, ...
Tesla Settles Wrongful Death Lawsuit Claiming Sudden Acceleration in Ohio Crash
Elon Musk's electric vehicle company Tesla has agreed to settle a wrongful death lawsuit filed by the estate of a man who was killed in 2021 after his Tesla crashed and caught fire near Dayton, Ohio. ...
Severe Midwest Storms Result in Baseball Size Hail
The severe thunderstorms that struck the Midwest last week produced hail up to baseball size, according to the National Weather Service (NWS). Large hail occurred from New Glarus east to Edgerton, ...
Thai-Chinese Firm Denies Flouting Safety Measures in Skyscraper Collapse Probe
A Thai-Chinese company denied Monday allegations its steel rods did not pass safety standard tests after nationwide criticism prompted an investigation into the collapse of a high-rise building under ...
Don’t Forget Workers Comp Tariff Impacts: Berkley
The chief executive of W.R. Berkley Corp. said that his company is very focused on the impacts of tariffs on loss costs, and ultimately pricing for short-tail lines of business. But the possibility ...
Bill Aims to Make Staged Accidents a Federal Crime
A new bill, H.R. 2622, introduced earlier this month by Representatives Mike Collins (GA-10) and Brandon Gill (TX-26), could make staging an accident a federal crime. The bill seeks to amend title 49 ...
Bayer Lobbies States to Keep Glyphosate on Market
Bayer is lobbying U.S. states to adjust their regulations in the battle to control costly litigation targeting its herbicide glyphosate but is also prepared for a possible exit from the market, the ...
Victims of ‘Low Attention Disasters’ Must Go It Alone
The ashes of Hatim Naim's burned home lie just a few dozen miles west of the Los Angeles areas destroyed by January's Palisades and Eaton fires. But because the Mountain Fire, which destroyed 182 ...