News
Survey: U.S. Business Owners Seek More Insurance Coverage as AI, Election Risks Loom
Artificial intelligence and the U.S. election have emerged as significant risks to businesses this year with an overwhelming 80 percent of owners worried their insurance will not cover a specific ...
R&Q to File for Liquidation in Bermuda, but Sale of Accredited Will Proceed
R&Q Insurance Holdings Ltd. announced it will file for a provisional liquidation in Bermuda — after it had exhausted strategic alternatives for a financial rescue. At the same time, R&Q ...
The Hidden Cost of Standing Still: Legacy Platforms Slow Growth and Halt the Shift to AI-Enabled Insurance Business
Presented by Majesco
There is a hidden disease that is killing insurers — the disease of legacy technology. The problem is a matter...
Florida Citizens Board Votes to Raise Rates 14%, But Litigation Costs Dropping
The board of governors for Florida's state-created Citizens Property Insurance Corp. voted unanimously Wednesday to raise personal lines rates by an average of 14 percent statewide – near the ...
Most People ‘Think’ They Understand Insurance Coverage: Survey
A new survey from Trusted Choice, the national consumer brand that represents members of the Independent Insurance Agents & Brokers of America, reveals that while 86 percent of respondents ...
Rearview Camera Issue Prompts Stellantis Recall of 1.16M Vehicles
Chrysler parent Stellantis is recalling 1.16 million vehicles in North America over a problem with software that is preventing rear view cameras from displaying, raising the risk of a crash, the ...
100 Days of Summer Dangerous Time for Teen Drivers: AAA
Memorial Day marks the period known as the "100 Deadliest Days for Teen Drivers," a time when there is an increase in the number of fatal crashes involving teen drivers. "The risk gets higher during ...
Study: Large Wildfires Create Conditions Favorable to More Fires
Soot from large wildfires in California traps sunlight, creating warmer and drier conditions, a new U.C. Riverside (UCR) study revealed. UCR doctoral candidate James Gomez wanted to see how wildfires ...
Charging Cable Thefts Pose Obstacle to Greater EV Acceptance
Just before 2 a.m. on a chilly April night in Seattle, Wash., a Chevrolet Silverado pickup stopped at an electric vehicle charging station on the edge of a shopping center parking lot. Two men, one ...