News
Insured Losses From Natural Disasters Top US$100B for 5th Consecutive Year: Swiss Re
Estimated insured losses from natural catastrophes are on track to surpass US$100 billion in 2024 – for the fifth consecutive year -- and are even likely to hit US$135 billion-plus, according to ...
U.S. Judge Rejects Boeing Plea Deal in Fatal 737 MAX Crashes Due to DEI Provision
A U.S. judge on Thursday rejected Boeing's agreement to plead guilty to fraud in the wake of two fatal 737 MAX crashes, faulting a diversity and inclusion provision in the deal. Boeing did not ...
GEICO to Add 500 New Jobs at New North Texas Hub
GEICO announced the addition of 500 new jobs in North Texas today. The expansion of its commercial operations at the Richardson office, designated as a main hub to serve the insurer's small business ...
October U.S. Labor Market Highlights: Hiring Slowed While Job Openings Rose
The number of job postings in the United States rebounded in October from a 3 1/2 year low in September, a sign that businesses are still seeking workers even though hiring has cooled. Openings rose ...
Ivans Index Shows Most Commercial Lines Renewal Rates Up in November
Most major commercial lines premium renewal rates were higher month over month, except general liability, which remained consistent with October and Commercial Property and Workers' Compensation ...
Alphabet’s Waymo Expands Robotaxi Service to Miami
Alphabet's Waymo said on Thursday it will expand its autonomous ride-hailing services to Miami, Florida, adding another city to its operations as it seeks to gain an edge in an increasingly ...
2024 Atlantic Hurricane Season Could Be Second Costliest on Record: Howden Re
With eighteen named storms recorded in 2024, this year's Atlantic hurricane season proved forecasts predicting an extremely active season. Howden Re Cat Watch compiled statistics for this years ...
Lurking Risks Temper Institutional Investors’ Positive Outlook for 2025: Survey
Institutional investors are heading into the new year with the expectation that 2024's positive market conditions will continue, while keeping an eye on a wide range of economic threats, according to ...