News
Insurer Uses Photo Metadata to Prove Deer Hit Claim Fraud
An arrest warrant was issued for a South Carolina woman after the deer hit claim she submitted to Progressive Northern Insurance Company was deemed to be fraudulent. In October 2023, Queen Viola ...
La Nina Conditions Could Persist Through April
La Nina conditions are present and there is a 59 percent chance of it persisting through February-April 2025, with a 60 percent chance of transition to ENSO-neutral conditions during March-May 2025, ...
Economic Losses From Natural Disasters Soared in the U.S. in 2024
Economic losses from hurricanes and other natural disasters soared in the U.S. last year and were above average globally, reflecting another year of costly severe storms, floods and droughts. Damage ...
Trump’s Attack on ‘Illegal’ DEI Disorients Corporate America
President Donald Trump's executive orders against "illegal" diversity, equity and inclusion policies have left corporations and their lawyers struggling to grasp exactly what that means. Trump on ...
Everest Group Boosts Casualty Loss Reserves $1.7B
Everest Group, Ltd. pre-announced full-year 2024 earnings yesterday, disclosing about a 45 percent drop in net income attributable to a $1.7 billion boost in its casualty insurance reserves. The ...
Insurance Labor Market Study Open Until Feb. 2
The first-quarter 2025 Semi-Annual U.S. Insurance Labor Market Study, conducted by The Jacobson Group and Aon plc, is now open through February 2. The study has provided valuable insights on ...
Trump Administration to Review U.S. Automatic Emergency Braking Rule
A U.S. auto safety agency said on Friday it is reconsidering a landmark rule from the administration of former President Joe Biden requiring nearly all new cars and trucks by 2029 to have advanced ...
California to Spend $2.5B for Los Angeles Wildfire Recovery
California will spend $2.5 billion to help the Los Angeles area recover from recent deadly wildfires under a relief package signed Thursday by Democratic Gov. Gavin Newsom. Newsom signed the laws ...