News
As Wildfire Risk Grows, States Grapple to Retain Property Insurers
Months after a catastrophic fire burned more than 2,200 homes in Hawaii, some property owners are getting more bad news — their property insurance won't be renewed because their insurance company ...
Fla. Regulators’ Effort to Remove Insurer Execs May Not Pass Constitutional Muster
Current and former leaders with Florida property insurers have had some strong reactions to state regulators' recent efforts to oust company executives who previously helmed now-insolvent carriers. ...
I’ve been in this industry long enough to know that a great year can also be a warning sign more...
Q1 Global Insured Natural Disaster Losses Driven by Severe Convective Storms: Aon
Global natural catastrophes cost insurers $17 billion during the first quarter of 2024, with economic losses rising above $45 billion, according to Aon's Q1 Global Catastrophe Recap – April 2024. ...
2024 Wildfire Forecast Calls for ‘Below Average’ Season
The approaching wildfire season may bring hazardous air quality from blazes burning across the U.S., but it's expected to be below the historical average in terms of the number of fires and acres ...
Survey: AI Associated With New Hiring Needs, Challenges in Finding the Right Talent
A new poll by Ernst & Young LLP finds that 50 percent of business leaders anticipate a combination of layoffs and hiring over the next six months as a direct result of AI adoption. Even with ...
Report: Europe Is the Fastest-Warming Continent, at Nearly Twice the Average Global Rate
Europe is the fastest-warming continent and its temperatures are rising at roughly twice the global average, two top climate monitoring organizations reported Monday, warning of the consequences for ...
Automatic Emergency Braking Systems Will Be Required on All New Cars in the U.S. by 2029
Nearly all new passenger cars and trucks sold in the United States will be required to have automatic emergency braking systems by September 2029, the National Highway Traffic Safety Administration ...
Hartford Q1 Income Up 41% on Commercial Lines as Auto Results Improve
The Hartford CEO Christopher Swift told analysts late last week that the insurer's first-quarter results included "progress toward restoring targeted profitability in auto" as it turned in an ...