News
Buffett Strongly Backs CEO-Designate Abel, Plans to Keep Berkshire Shares
Warren Buffett on Monday assured Berkshire Hathaway shareholders they need not worry about his upcoming departure as chief executive, giving a full-throated endorsement to his ...
70% of Drivers Say They’ve Felt Unfairly Judged by Auto Insurers: Arity Report
A new survey reveals consumer frustration with auto insurance pricing models and growing support for more transparency in how policies are priced and for telematics. The new research from mobility ...
Allstate Analysis Highlights Riskiest Drive Times During Thanksgiving Holiday
New analysis shows that phone use, speeding, and hard braking jump 10 percent or more over the Thanksgiving holiday, according to Allstate. Based on trips from nearly two million customers, analysis ...
Iceland Plans for Doomsday Scenario if Atlantic Ocean Current Collapses
Iceland has designated the potential collapse of a major Atlantic Ocean current system a national security concern and an existential threat, enabling its government to strategize for worst-case ...
Camp Mystic Ignored Risks Says Texas Lawsuit Over Flood Deaths
The operators of Camp Mystic in Texas, where 25 girls and two teenage counselors died in catastrophic flooding on July 4, failed to take necessary steps to protect the campers as life-threatening ...
Bipartisan Legislation Introduced to Retroactively Restore NFIP
Two U.S. Congressmen, one a Democrat from Louisiana and the other a Republican from Mississippi, have introduced legislation to retroactively restore the National Flood ...
Catastrophe Bonds Absorb ‘Black Swan’ Event Dealt by Melissa
A rare thing is about to happen in the $55 billion market for catastrophe bonds: a trigger event will wipe out 100% of a bond's principal. Jamaica's $150 million cat bond has been the subject of ...
Rear-end Crashes Top Most Common Winter Wrecks: Allstate Canada
New claims data from Allstate Insurance Company of Canada (Allstate Canada) found the three most common types of road collisions are rear-end accidents, lane change incidents, and single vehicle ...