News
Companies That Ignore Climate Risks Punished by Financial Markets
New data suggests corporate valuation is boosted with proactive climate risk management, according to research by the University of Florida. The study "quantified corporations' exposure to climate ...
Maritime Law Invoked By Ship Owner in Baltimore Bridge Collapse to Cover Salvage Costs
The owner of the massive container ship Dali, which caused the deadly collapse of Baltimore's Francis Scott Key Bridge last month, has initiated a process requiring owners of the cargo on board to ...
Progressive Gains as Drivers Shop Around for Auto Insurance—Again
Although it may have seemed like drivers had thrown in the towel on trying to find cheaper auto insurance prices late last year, a new study of consumer behavior finds they're back to shopping ...
Cat Losses, Auto and HO Price Hikes Continue at Allstate
The Allstate Corporation announced estimated pretax catastrophe losses of $328 million for the month of March, bringing total pretax cat losses for the quarter to $731 million. The first-quarter ...
The Supreme Court Just Complicated Employer Diversity Initiatives
The U.S. Supreme Court's ruling that a St. Louis police sergeant can sue over a job transfer she claims was discriminatory was championed by human rights groups as "an enormous win for ...
GEICO Tops List of Mobile Insurance Apps
A new report evaluating the mobile apps and mobile websites of the top 12 U.S. auto and property insurance carriers, found that GEICO's was the best for overall for its mobile user experience, ...
Study: Average Cyber Breach Insurance Coverage Gap is 350%
A new study released this week highlights the extreme cyber coverage gap that exists. The startling findings indicate the average coverage gap is 350 percent, which means that more than 75 percent of ...
NHTSA Upgrades Probe of Braking Issue on 3M Honda Accords, CR-Vs
The U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday it had upgraded its probe into reports of unexpected activation of automatic emergency braking systems in around 3 ...