News
Hippo, Progressive Embark on Strategic Distribution Relationship
InsurTech Hippo announced that its homeowners insurance products have been added to Progressive's HomeQuote Explorer, available online and through Progressive in-house agents in eight states. Hippo ...
Berkshire Hathaway to Invest $1.8 Billion in Tokio Marine
Berkshire Hathaway Inc. will invest 287.4 billion yen ($1.8 billion) in insurer Tokio Marine Holdings Inc., ramping up the U.S. conglomerate's exposure to the Japanese market. National Indemnity ...
Wild Weather Continues Across the U.S. This Weekend
Heat, fire, freezing conditions, and water will converge in the U.S. this weekend, according to the National Weather Service. A rare March heat wave continues with above-normal temperatures over much ...
Study Shows Consumer Willingness to Edit Claim Images
A surprisingly large share of consumers are willing to digitally alter claim photos or documents, a new survey shows. More than one-third (36%) said they would consider making an edit, with younger ...
McDonald’s Must Face Black Executives’ Harassment, Retaliation Claims
A federal judge in Chicago on Wednesday said two former McDonald's vice presidents can proceed with their lawsuit that they were criticized and subjected to racial slurs because they are Black women, ...
Pennsylvania Regulators Seek $2.6M in Penalties for Deadly 2023 Chocolate Factory Explosion
Pennsylvania regulators asked an administrative law judge on Wednesday to make a gas utility pay $2.6 million in civil penalties for a chocolate factory explosion three years ago that killed seven ...
JD Power: Homeowners Claims Satisfaction Rises as Repair Times Improve
A combination of faster repair and payment cycle times, along with enhanced digital capabilities, has helped drive significant improvements in the overall customer experience with the property claims ...
P/C Industry Loss Reserves Redundant by More Than $20B: Assured Research
The year-end 2025 carried loss reserve position for the property/casualty insurance industry is more than $20 billion redundant, according to a loss reserve analysis published this week by Assured ...