News
State Farm Posts Worst HO Loss Ratio Since 2011; Peers Recover: S&P GMI
State Farm was the only one of 10 major players in the homeowners insurance market reporting a worse second-quarter loss ratio for the line than it did in 2023, according to a new analysis. The ...
Insurance CEOs Talk Gen AI, Growth, Workforce Strategies
A much higher percentage of insurance chief executives say that generative AI is a top investment priority for their firms than peers in other industries, according to a survey report published by ...
Hurricane John Makes Landfall in Mexico as Major Category 3 Storm
Hurricane John hit Mexico's southern Pacific coast late on Monday as a major category 3 storm, with authorities warning residents to protect themselves against potentially deadly storm surges and ...
Lowering Speed Limit May Not Slow Drivers: Study
A before-and-after study in one Minnesota city shows that changing posted speed limits may not—at least initially—cause drivers to slow down. "We know that physical modifications to a roadway ...
Survey: U.S. Homes Unprepared for Extreme Weather, Homeowners Prioritize Cosmetic Updates
A new survey shows that while 66 percent of U.S. homes have experienced weather-related damage, only one-third of homeowners have made improvements to safeguard their properties, according to Leaf ...
MrBeast, Amazon Sued by $5M Reality Show Competitors Over Alleged ‘Unsafe’ Conditions
MrBeast is accused of creating "unsafe" employment conditions, including sexual harassment, and misrepresenting contestants' odds at winning his new Amazon reality show's $5 million grand prize in a ...
Filling a Perceived Void, Aon Launches U.S. Severe Convective Storm Model
Just a few weeks after unofficially announcing that a new catastrophe model was in the works, Aon officially announced the launch of a model to analyze U.S. Severe Convective Storms this week. Paul ...
Software Crackdown Leads to Proposed Ban on Chinese Vehicles From U.S. Roads
The U.S. Commerce Department on Monday proposed prohibiting key Chinese software and hardware in connected vehicles on American roads due to national security concerns - a move that would effectively ...