News
California Bill Would Require Insurers to Notify Property Owners of Aerial Inspections
A California bill requiring insurers to provide a notice to homeowners before conducting an inspection with aerial imaging is set for a committee hearing on Wednesday. Assembly Bill 75 requires ...
Drowsy Driving Impacts 14% of Americans: Survey
New data indicates a steady increase in drivers falling asleep behind the wheel since 2020, according to a survey sponsored by Erie Insurance. The insurer found that 14 percent of Americans have ...
Trial to Hash Out $600M Settlement Payment in Deadly Norfolk Southern Derailment
Norfolk Southern wants two other companies to help pay for the $600 million class-action settlement it agreed to over its disastrous 2023 train derailment near the Ohio-Pennsylvania border and the ...
E&S Insurer Ategrity Files for IPO
New York-based Ategrity Specialty Insurance Co., a national specialty property/casualty insurer focused on the excess and surplus (E&S) lines market, has filed with the Securities and Exchange ...
State Farm Wins Dismissal of Homeowners’ Class Action Over Use of Xactimate Software
A federal judge has dismissed a proposed class action filed on behalf of Pennsylvania homeowners who believe that State Farm undervalued their property damage claims in its use of the Xactimate ...
One-Third of U.S. Workers Report Rising Burnout: Survey
Nearly 36 percent of professionals in the U.S. report feeling burned out at work and 33 percent say they are more burned out now than a year ago, according to new survey of 2,000 professionals from ...
Protection Gap Expected to Worsen Across All Lines of Insurance Through 2030: Bain & Co.
Protection gaps are expected to worsen across all lines of the insurance business through 2030 as insurers worldwide contend with unsustainable rate-driven growth, according to new research released ...
From Repairs to Insurance, Auto Tariffs Could Make Owning a Car More Expensive
Even if you're not in the market for a new car, U.S. President Donald Trump's 25 percent tariffs on auto imports could make owning one more expensive. The new taxes, which are set to begin April 3 ...