News
China Says 32 People Killed, 38 Hurt as Earthquake Hits Tibet
China said 32 people have been killed and another 38 were injured by an earthquake that struck its far western region of Tibet. The epicenter of the magnitude 6.8 quake that hit around 9:05 a.m. ...
Embracing Cloud, SaaS: A Strategic Move for Insurers
As widespread digitization continues to mold the bedrock of the insurance industry, insurers are increasingly adopting cloud computing and Software as a Service (SaaS) technologies with the promise ...
The Institutes, Kevelighan Fire Back at Retaliation Claims by Former Triple-I Employee
The Institutes and Sean Kevelighan, chief executive of the Insurance Information Institute, deny the allegations of discrimination and retaliation from former employee Michael Barry. According to a ...
Global Property Catastrophe Rates-on-Line Down 6.6% During Renewals: Guy Carpenter
Guy Carpenter reports that average global and regional property catastrophe rates-on-line decreased during the January 2025 renewals in amounts ranging from 5.3 percent to 7.2 percent. Guy Carpenter ...
Moody’s Global P/C Outlook Now Stable Despite Past-Peak Commercial Pricing
Moody's Ratings changed the sector outlook for the global property/casualty insurance industry to stable from negative last month, pointing to personal lines price hikes in the U.S. and UK as a ...
NWS Preliminary Estimate for 2024: More Than 5,300 Hail Events, 1,855 Tornadoes
Last year was eventful for weather in the United States, according to preliminary figures compiled by the National Weather Service. There were 1,855 documented tornadoes with an estimated 82 of them ...
FAA Enhanced Oversight of Boeing After Door Panel Incident Will Continue
The Federal Aviation Administration's tougher oversight of Boeing will continue indefinitely, the agency's outgoing head said on Friday, nearly a year after a door panel missing four key bolts flew ...
Tesla Data Helped Police After Las Vegas Truck Explosion, But Privacy Concerns Remain
Your car is spying on you. That is one takeaway from the fast, detailed data that Tesla collected on the driver of one of its Cybertrucks that exploded in Las Vegas earlier this week. Privacy data ...