News
Contractors Can’t Advertise ‘Insurance Negotiating’ Skills, Texas Supreme Court Says
A contractor cannot be the public adjuster on a claim and cannot advertise itself as an insurance claims negotiator if it does not hold an adjusters' license, the Texas Supreme Court decided in a ...
InsurTech Summit Report: Capturing Data to Underwrite With AI
While they come to the property/casualty insurance sector with very different backgrounds, and currently participate in unrelated segments of the market, two InsurTech executives agree that ...
Trust Is Top Driver of Auto Insurance Customer Satisfaction: J.D. Power
High auto insurance premiums don't necessarily erode customer satisfaction with auto insurers, according to the latest J.D. Power 2024 U.S. Auto Insurance Study. The study, in its 25th year, has been ...
Fire Risk Prompts Recall of Nearly 463,000 Kia Telluride SUVs
Kia America is recalling nearly 463,000 Telluride SUVs — and urging owners to park their cars outside and away from other structures until an issue posing a fire hazard is fixed. The front power ...
Nuclear Verdicts’ Amount, Frequency Continue to Increase: U.S. Chamber of Commerce
A recent report from The U.S. Chamber of Commerce Institute for Legal Reform (ILR) has found that nuclear verdicts of $10 million or more are on the rise. Looking at verdicts from 2013 to 2022, ILR ...
ShakeAlert Adding Satellite Capabilities for Earthquake Warnings
The U.S. Geological Survey and its partners have come out with a new capability designed to characterize large earthquakes quickly in hopes of helping warn the public about potentially damaging ...
P/C Insurers Record $9.3B Q12024 Underwriting Gain: AM Best
The U.S. property/casualty industry recorded a $9.3 billion net underwriting gain in the first three months of 2024, according to a recently published AM Best report. The gain marks a reversal of an ...
Rutgers: Bike Lanes Reduce Traffic Speeds
The installation of bike lanes along N.J. roadways reduced driving speeds, according to a new study by Rutgers University-New Brunswick. Researchers made the finding after conducting a study at a ...