News
Bad Cops No More: Friendlier Auto Insurers Needed for Telematics Future
Radical changes in marketing and product design of auto insurance policies will help unlock customer benefits of sharing driving data, a well-known insurance telematics evangelist advised during a ...
Hard Reinsurance Prices Likely to Last Longer Than in Previous Market Cycles: Report
Hard reinsurance pricing conditions are likely to last longer than in previous market cycles mainly due to persistently high claims activity from the accumulation of medium-sized disaster losses and ...
The Latest Launches from LexisNexis, Enlyte, Qover
LexisNexis Risk Solutions, a data, analytics and technology provider, announced the launch of ThreatMetrix for Insurance Quotes to help U.S. insurers and consumers combat the rise in cyber crime in a ...
Catastrophe Bond Issuance Is Set to Blast Through 2023 Record
Issuance of catastrophe bonds is on track to exceed the record set in 2023, as a cocktail of climate change, population density and inflation feeds growth in a market built around natural disasters. ...
California Allows Chinese Robotaxi Firm WeRide to Test With Passengers
China-based autonomous driving startup WeRide has received approval from California to test its driverless vehicles with passengers, according to a permit from the state's utility regulator. The move ...
Fewer High Tide Days Predicted Through April 2025
After record-breaking coastal flooding, NOAA scientists predict La Nina could slightly reduce the number of flood days across the U.S. NOAA's 2024-25 Annual High Tide Flooding Outlook documents ...
Report: Battery EV Collision Claims Continue to Rise Despite Sales Slowdown
Claims frequency for repairable battery electric vehicles jumped 45 percent in the U.S. and 39 percent in Canada year-over-year while increasing more gradually for hybrids, a new report by Mitchell, ...
Ruling Bars Insurers From Pursuing Defendants in $4B Maui Wildfire Settlement
A Maui judge's ruling Tuesday resolves a critical roadblock to finalizing a $4 billion wildfire settlement: Insurance companies who have paid out more than $2 billion in claims can seek reimbursement ...