News
Fraud Coalition Opposes Texas Bill Mandating Auto Insurance Payout When Insured is Unresponsive
New legislation introduced in Texas by Senator Mayes Middleton mandates insurers issue payments on auto policies even if policyholders have been unresponsive. The Coalition Against Insurance Fraud ...
Bayer Renews Bid for US High Court to Curb Roundup Cases
Bayer said on Friday it was again petitioning the U.S. Supreme Court to sharply limit legal claims that its Roundup weedkiller causes cancer, seeking to avoid potentially billions of dollars in ...
Severe Storms, Flash Floods Continue to Batter Parts of the US
Parts of the South and Midwest, still reeling from violent storms, tornadoes and flooding, face new flooding and tornado warnings that forecasters said could last for days. Severe thunderstorms have ...
Japan Warns Potential Megaquake Could Kill Nearly 300,000
A long-feared megaquake off Japan's southern coast could result in almost 300,000 deaths, according to a new model released by the government. In the worst-case scenario, a megaquake in the Nankai ...
Buyer-Friendly April Reinsurance Renewal Bodes Well for Mid-Year Renewals: Brokers
The April reinsurance renewals saw a competitive, buyer-friendly market with plentiful capacity and price reductions for loss-free accounts – in a continuation of the favorable market conditions ...
Majority of Small Biz Leaders Think AI Will Play ‘Crucial Role’ in Work Safety
More than half of small business leaders believe artificial intelligence will play a "crucial role" in worker safety over the next five years, according to a new report from Pie Insurance. A survey ...
$1 Trillion! 2024 P/C Industry Direct Premiums At Record Level
An industrywide direct written premium total of $1.05 trillion in 2024 marked the first time in the history of the industry that U.S. property/casualty insurer premiums eclipsed $1 trillion, ...
California Bill Would Allow Workers to Refuse to Work in Unsafe Conditions
Employees in California who have "reasonable concerns about health and safety violations" would be allowed to refuse work while still receiving full pay, under legislation introduced in late ...