News
U.S. Expected to Propose Barring Chinese Software in AVs
The U.S. Commerce Department is expected to propose barring Chinese software in autonomous and connected vehicles in the coming weeks, according to sources briefed on the matter. The Biden ...
Who’s Raising Homeowners Rates? S&P GMI’s Q2 2024 Analysis
According to an analysis of rate filings "disposed" by state regulators— approved or allowed by regulation—in second-quarter 2024, Liberty Mutual had the highest number of rate hikes approved in ...
First-Half Global Insured Nat Cat Losses Top 10-Year Average
Global insured losses from natural catastrophes totaled $60 billion during the first half of 2024, or 62 percent above the 10-year average, according to preliminary estimates from Swiss Re. Severe ...
With American Mobile Out, Agents Say Florida Mobile Home Insurance Falling Apart
Reinsurance in Florida's long-stressed property insurance market was supposed to have stabilized this year—with only moderate rate increases and more availability. But those calmer waters ...
Microsoft and Delta Trade Blame Over CrowdStrike Outage
Microsoft Corp. said Delta Air Lines Inc. turned down repeated offers for assistance following last month's catastrophic system outage, echoing claims by CrowdStrike Holdings Inc. in an increasingly ...
Boar’s Head Hit With Class Action After Deli Meat Listeria Concerns, Recall
Boar's Head Provisions was hit with a proposed consumer class action lawsuit in New York federal court on Thursday, a day after it expanded its recall to more than seven million pounds of deli meats ...
Study: Remote Work Could Stifle Innovation
Remote and hybrid working may be great for work-life balance, but it may stifle innovation, according to new research by the University of Essex. The study, led by University of Essex and University ...
Consumers Face Higher Insurance Premiums Due to Severe Weather
Nearly three-quarters of Americans are concerned about how severe weather will impact their insurance coverage over the next five years, according to a new survey by Insurity. Cloud software provider ...