News
U.S. Financial Regulators Work on Delayed Dodd-Frank Compensation Rules
A trio of U.S. financial regulators have resumed work on a long-delayed rule-writing project to make executive compensation plans at financial firms more sensitive to risk. The Federal Deposit ...
Reserve Strengthening for Casualty Lines Not Over: Moody’s
If personal auto insurance loss reserves are developing adversely, can commercial general liability be far behind? That's the gist of one of the questions that analysts from Moody's Investors Service ...
The Top 15 U.S. Metros with High Exposure to Wildfire Risk
The number of wildfires per year is going down, but the increasing size and intensity of the fires is creating more property damage than ever before – in fact, the average fire size has tripled ...
Maryland Hopes to Rebuild Baltimore Bridge for $1.9B With Insurance, Federal, Other Funds
Maryland plans to rebuild the Francis Scott Key Bridge in just over four years at an estimated cost between $1.7 billion and $1.9 billion, a state transportation official said Thursday. The state ...
Study: Reflective Black Paint Improves Object Visibility to Autonomous Cars
Self-driving cars have a harder time seeing at night because lidar sensors that often act as the vehicles' "eyes" have difficulty detecting dark-colored objects. New research published in ACS Applied ...
Cellphone Alerts Never Received During Maui Wildfires Prompts Lawsuit Against Carriers
Had emergency responders known about widespread cellphone outages during the height of last summer's deadly Maui wildfires, they would have used other methods to warn about the disaster, county ...
Rising Prices, Low Satisfaction Drive 49% of Customers to Shop For New Auto Insurance
Increased premiums combined with lackluster customer satisfaction scores are driving record numbers of auto insurance customers into the market for a new policy, according to the J.D. Power 2024 U.S. ...
Class Action Settlements Flooded With Fraudulent Claims by Scammers
Artsana, a maker of child car booster seats, last year agreed to settle claims that it had misled customers about how to use its products, offering $50 to people who had bought Chicco-brand ...