News
Auto Insurance Rate Hikes Expected to Slow in 2025
After an average rate increase of 16.5 percent in 2024 and 12 percent in 2023, insurers are raising rates 7.5 percent on average in 2025, according to LendingTree. A new report by by ...
Insurance Issues Pose Vastly Different Rebuilding Options for LA Wildfire Neighbors
Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other in nearly identical houses. "I chose an old home in an old neighborhood ...
Surplus Lines Premium Growth Slowed to 12% in 2024
The excess and surplus lines market continued to grow in 2024, with premium reaching more than $81 billion, according to annual reports from 15 state stamping offices released by the Wholesale & ...
Uber Alleges Fraud Scheme by New York Groups Faking Car-Crash Injuries
Late last month, ridesharing giant Uber Technologies Inc. filed a racketeering lawsuit against a group of law firms, doctors and pain-management clinics it claims staged fake car accidents and ...
Google Scraps Diversity-Based Hiring Targets
Alphabet's Google is scrapping its goal to hire more employees from underrepresented groups and is reviewing some of its diversity, equity and inclusion (DEI) initiatives, joining a slew of U.S. ...
Southern California Edison Probes Possible Link to Los Angeles Fires
Southern California Edison (SCE), a subsidiary of Edison International, said on Thursday that it was probing whether its equipment was associated with the ignition of two Los Angeles-area wildfires ...
More Autonomous Trucks: Waabi, Volvo Partner to Boost U.S. Adoption
A new, long-term strategic collaboration between Waabi and Volvo is set to scale up the adoption of autonomous trucks in the United States, according to a press release issued this week by Waabi, an ...
Proposed Federal Act Seeks to Reduce Wildfires
Last month, Wyoming Republican U.S. Senator John Barrasso introduced legislation to reduce the destruction caused by wildfire risk, while seeking to improve forest health. Around 63 million of the ...