News
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 ...
What Went Wrong? Report Details Obstacles in Maui Firefighting Efforts
When wildfires broke out across Maui last August, some firefighters carried victims piggyback over downed power lines to safety and sheltered survivors inside their engines. Another drove a moped ...
Google Fires 28 Workers Protesting $1.2 Billion Israeli Contract
Alphabet Inc.'s Google has fired 28 employees after they were involved in protests against Project Nimbus, a $1.2 billion joint contract with Amazon.com Inc. to provide the Israeli government with AI ...
Climate Change to Cause $38 Trillion a Year in Damages by 2049
Climate change will inflict losses to the global economy worth an annual $38 trillion by 2049, as extreme weather ravages agricultural yields, harms labor productivity and destroys infrastructure, ...
Survey: Majority of CA/FL Homeowners See Rise in Insurance Costs, Coverage Changes
Nationwide, one-third of homeowners who lost insurance have moved or plan to move, but nearly the same share are staying in their home with little or no coverage, a new survey found. Nearly ...
Cat Losses Cause Travelers’ to Miss Q1 Profit Estimate
Travelers Companies missed first-quarter profit estimates on Wednesday as severe storms in the United States drove up its catastrophe losses, sending shares of the insurance bellwether down 8 percent ...