News
FEMA Denies Washington State $34B Disaster Relief From Bomb Cyclone
The Federal Emergency Management Agency has denied Washington state's request for emergency relief funds to help repair an estimated $34 million in damage from a deadly bomb cyclone storm system in ...
Wildfire Losses Increasing But Still Small Compared to Hurricanes: KCC
Wildfire losses in the U.S. are increasing, but the risk is still considerably smaller than hurricanes, according to a new KCC white paper. While we usually think of California and other western ...
U.S. P/C Industry Combined Ratio Headed Back Up to 100: S&P Ratings
While the U.S. property/casualty combined ratio sat at the lowest level in five years during 2024, the industry's key metric is headed up to the 98-100 range for 2025, analysts from S&P Global ...
InsurTech Profile: Tech Innovation Guides Work at Turvi
Maybe it had something to do with being a kid when the first "Star Wars" movie was released. Or maybe it was that sense of satisfaction from writing a line of code on an Apple II and watching the ...
US House Committee Seeks Testimony From 23andMe Co-founder After Bankruptcy
A U.S. House committee on Tuesday asked 23andMe's co-founder to testify next month as it launched an investigation into the risk of genetic data being transferred to potential buyers amid the DNA ...
Apps With Goals, Incentives May Hold Key to Safer Driving: AAA
More than 40,000 deaths due to motor vehicle crashes in the United States are attributed to risky behavior like speeding, impairment and aggressive driving. Efforts to change these behaviors often ...
Flood Cleanup Continues at Kentucky Distillery
Signs of renewal are underway at the Buffalo Trace Distillery in Kentucky since floodwaters that inundated the whiskey-making campus receded. But executives say the painstaking task of inspecting any ...
Is State Farm General Too Big to Fail? Calif. Rate Hearing Concludes
"Too big to fail"—a phrase associated with interconnected publicly traded financial services companies in the wake of the 2008 financial crisis—was revived in a new context last week. During a ...