News
‘We’ll Have to See How This Plays Out,’ Says CEO Berkley on MGA Competitors
The leader of W.R. Berkley Corp. has seen it before—some version of the MGA movie in which delegated underwriting authority is given to market participants whose ambitions aren't always aligned ...
Last Week’s Alaskan Earthquake One of Several in Recent Years
Wednesday's magnitude 7.3 earthquake off Alaska's Aleutian Islands chain struck in a region that has experienced a handful of powerful quakes within the last five years — including one that shook ...
Authors Suing Anthropic Can Band Together in Copyright Suit, Judge Rules
A California federal judge ruled on Thursday that three authors suing artificial intelligence startup Anthropic for copyright infringement can represent writers nationwide whose books Anthropic ...
Excessive Litigation Causes Surge in Liability Insurance Costs: Marsh McLennan CEO
Excessive litigation and abuse of the U.S. legal system are effectively imposing a tax on the U.S. economy and causing a surge in liability insurance costs, according to John Doyle, president and ...
U.S. Stablecoin Law Signed as Crypto Industry Eyes Mainstream Adoption
U.S. President Donald Trump on Friday signed a law to create a regulatory regime for dollar-pegged cryptocurrencies known as stablecoins, a milestone that could pave the way for the digital assets to ...
Why Progressive’s Customer Scores Lag State Farm, GEICO: J.D. Power
When it comes to personal auto insurance, Progressive has been outpacing GEICO and State Farm in terms of growth and posting better loss ratios for years. But customer satisfaction scores are another ...
Pedestrian Deaths Dip But Still Higher Than a Decade Ago
Drivers struck and killed 7,148 people in the United States last year, enough to fill 31 Boeing 737s, according to a new report from the Governors Highway Safety Association (GHSA). Pedestrian deaths ...Man Wearing Weight-Training Chain Pulled into MRI Dies
A man who was pulled into an MRI machine in New York after he walked into the room wearing a large weight-training chain around his neck has died, according to police and his wife, who told a local ...