News
Florida Insurance Legislation Update: Bills That Passed; Bills That Didn’t Pass
A number of property insurance-related bills were introduced in the Florida legislature this year—from a fundamental change to the Citizens Property Insurance Corp. coverage model to further ...
Towers Watson Again Denied Coverage for $90M Settlements Over 2016 Willis Merger
Towers Watson has been hit with another roadblock on its long and winding road to reach coverage for $90 million in settlements of two lawsuits related to its merger with broker Willis in 2016. A ...
Tech Bytes: New Partnerships at VIU by HUB, Selective, INSTANDA
VIU by HUB, an omnichannel insurance brokerage platform, announced its partnership with HoneyQuote, a Florida home and condo insurance marketplace. The partnership provides expanded regional carrier ...
First Billion Dollar U.S. Weather Event of 2024 Recorded in January
A tornado outbreak in the South and a storm on the East Coast spanning January 8-10th, 2024, caused $1.7 billion in damage, according to data provided by the National Oceanic and Atmospheric ...
Tesla’s Blame-the-Driver Defense Will Be Tested in Next Autopilot Trial
Six weeks before the first fatal U.S. accident involving Tesla's Autopilot in 2016, the automaker's president Jon McNeill tried it out in a Model X and emailed feedback to automated-driving chief ...
Faulty Support Columns Found at Collapsed Florida Condo Tower Garage
Federal investigators determining why a Florida condominium tower partially collapsed three years ago, killing 98 people, said Thursday there were many faulty support columns in the tenant garage ...
AI Firms Face Growing List of Lawsuits. Here’s What to Watch
Artificial intelligence firms are facing increasing pressure from some of the world's most formidable names in technology and media, as new tools spark fresh questions over the risks posed by ...
U.S. Treasury Drops Plan to Collect Insurer Data on Climate Risks
The U.S. government is stepping away from its effort to collect data on home insurance prices and availability at the ZIP code level as premiums soar and climate risks to property intensify. Instead, ...