News
Filling a Perceived Void, Aon Launches U.S. Severe Convective Storm Model
Just a few weeks after unofficially announcing that a new catastrophe model was in the works, Aon officially announced the launch of a model to analyze U.S. Severe Convective Storms this week. Paul ...
Software Crackdown Leads to Proposed Ban on Chinese Vehicles From U.S. Roads
The U.S. Commerce Department on Monday proposed prohibiting key Chinese software and hardware in connected vehicles on American roads due to national security concerns - a move that would effectively ...
Underwater Robots Confirm Warming Oceans
New research of data collected by deep ocean robots, called Deep Argo floats, combined with historic data from research vessels confirms that parts of the global deep ocean are warming at a rate of ...
Arrests Made in $2.5M Florida Car Theft Ring
A group that stole nearly $2.5 million worth of vehicles in the state of Florida has been busted by the Hillsborough County Sheriff's Office (HCSO). Between March 18, 2024, and August 18, 2024, the ...
Jury Awards $116M in Deadly New York No-Door Helicopter Crash
A jury has awarded $116 million to the family of one of five people killed in a no-door helicopter that crashed and sank in a New York City river, leaving passengers trapped in their safety ...
E&S Vet Miller and Team Launch MGA Pivix
Former Scottsdale Insurance President Mike Miller will now serve as president and CEO of excess & surplus managing general agency Pivix Specialty Insurance Services. Based in Scottsdale, Ariz.., ...
Mutual Insurers Chase Rate Adequacy, Financial Strength Remains Strong: AM Best
The U.S. property/casualty mutual segment has leaned on investment income to maintain strong overall financial performance and grow surplus in the face of underwriting volatility and severe ...
States With Medical Cannabis Laws Show Decrease in Employee Health Insurance Costs: Study
A newly published study that investigated the effects of adopting a medical cannabis law on the cost of employer-sponsored health insurance in the United States found a correlation between medical ...