News
Grand Jury Indictment in Movie Shooting Case Offers Two Paths for Prosecutors
Alec Baldwin once again is staring down a felony involuntary manslaughter charge after a grand jury indicted the actor in connection with the fatal 2021 shooting of a cinematographer on the set of a ...
After $70 Billion Hit, Insurers Wake Up to Growing Risks of Severe Convective Storms
The insurance industry is grappling with a new kind of weather risk that's increasingly driving its biggest loss category. While no single weather event caused more than $10 billion in losses for ...
Reinsurance Market Likely to Begin Softening in 2025 as Capacity Rises in 2024: Fitch
Reinsurers' underwriting margins are expected to peak in 2024 on the significant price rises and tighter terms and conditions achieved during 2023 and in the January 2024 renewals, which will likely ...
Compared to Prior Quarter, All Commercial Lines Saw Renewal Rate Up in Q4: Ivans
Ivans Index found the average premium renewal rate increased year-over-year for all major commercial lines except workers compensation, but every line of business averaged rate increases at renewal ...
Specialty Market ‘Particularly Attractive’; Reason to Pause Elsewhere: Berkley CEO
W.R. Berkley CEO W. Robert Berkley Jr. said he's still got eyes on the specialty market but maintains a cautious, more disciplined outlook on some lines of business, such as professional ...
Generational Differences Linked to Lower Workplace Productivity
Younger employees report lower productivity when working with older managers due to a lack of collaboration between employees of different generations, according to new research from the London ...
How GM’s Cruise Robotaxi Tech Failures Led to Pedestrian Dragging Incident
A General Motors Cruise robotaxi that struck and dragged a pedestrian 20 feet (6 meters) in an October accident made a number of technical errors that exacerbated its failings after the collision, an ...
Ring Won’t Consider Police Requests for Doorbell Camera Footage
Amazon-owned Ring will stop allowing police departments to request doorbell camera footage from users, marking an end to a feature that has drawn criticism from privacy advocates. In a blog post on ...