News
Strong Underwriting, Investment Income Bolster P/C Income in 2025, Says Moody’s
Twenty insurers rated by Moody's reported net income of $69 billion in 2025, up 29% over 2024, as the combined ratio for the group improved in 2025 to 88.4 from 91.7 the prior year. Losses from the ...
Devastating Hawaii Kona Storms Cause Estimated $1B in Losses
Hawaii's multi-day storm event last month resulted in swaths of heavy rain totaling up to 25 inches in some areas, according to analysis by Marsh's Guy Carpenter. Subtropical weather systems, known ...
Stanley Tumbler Maker Prevails in Lawsuit Over Lead Scare
A federal judge dismissed a proposed class-action lawsuit accusing the maker of Stanley tumblers of concealing that the popular water bottles contained lead. In a decision on Friday, U.S. District ...
Police Chases Lead to 8 Deaths Across the U.S. in Less Than a Week
A series of police pursuits has led to at least eight deaths around the country in less than a week amid ongoing calls from some law enforcement experts to curb risky high-speed car chases. In Texas, ...
EPA, HHS to Monitor Drinking Water for Microplastics and Pharmaceuticals
The U.S. Environmental Protection Agency and Department of Health and Human Services announced that they will monitor the impact of microplastics and pharmaceuticals on drinking water, the first step ...
U.S. Doubles Hormuz Reinsurance Guarantees to $40 Billion With New Partners
The U.S. is doubling, to $40 billion, its commitment to provide reinsurance guarantees to ships willing to travel through the Strait of Hormuz with the addition of new insurance partners, including ...
TikToker Sentenced to 7 Years for Stealing More Than a Dozen Cars Valued at $600,000
An Arizona man has been sentenced to 7.5 years in prison for committing more than a dozen vehicle thefts throughout the Phoenix metropolitan area, according to a news release published last week by ...
After Software Updates U.S. Safety Agency Ends Probe into Tesla Remote Driving Feature
The U.S. National Highway Traffic Safety Administration said on Monday it closed a probe into nearly 2.6 million Tesla vehicles over a feature that allows users to move cars remotely, after finding ...