News
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 ...
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...
List of Names for Atlantic Hurricane Season Announced
As the 2024 Atlantic hurricane season is set to begin June 1, the National Hurricane Center (NHC) has released the names for this year's tropical storms. ...
Survey: Many Employees Who Jumped Ship During COVID Regret It
The Great Resignation during the pandemic saw workers quit their jobs in droves, but a new survey finds that many regret jumping ship. The survey of U.S. workers by the member think tank The ...
Judge Forces Hawaii AG to Turn Over Wildfire Probe Docs to Plaintiff Lawyers
A judge on Friday forced the Hawaii attorney general's office to turn over to lawyers involved in the hundreds of lawsuits over last summer's Maui wildfires all documents, interviews and data ...
Berkshire Wary of “Fashionable’ Cyber Insurance, AI
While Berkshire Hathaway made money on its personal auto insurance business GEICO, and even on a big bet it placed on property-catastrophe reinsurance in Florida last year, one place where the ...
Jain Successor Is Recurring Berkshire Board Topic; Leadership Lessons
The man responsible for providing billions of dollars of insurance for some of the world's biggest events, Ajit Jain, told investors in Berkshire Hathaway that his eventual replacement as the leader ...
Berkshire’s ‘Most Important’ Biz Drives Q1 Results; GEICO Still Behind on Tech
Berkshire Hathaway continued to deliver eye-popping results for its insurance and reinsurance operations during the first quarter of 2024, with underwriting profits for personal auto insurer GEICO ...