News
Why Hurricane Costs Keep Rising Even as Building Codes Get Tougher
Despite efforts to reduce vulnerability to catastrophic weather events such as Hurricane Ian, rapid population growth and increased storm frequency have driven loss expectations even higher, ...
California Governor Vetoes Bill Banning Robotrucks Without Safety Drivers
California Governor Gavin Newsom late on Friday vetoed a bill to prevent heavy-duty driverless trucks from operating in the state, in a relief for companies developing autonomous technology to haul ...
AI Tapped to Fight Wildfires
Wildfires fueled by climate change have ravaged communities from Maui to the Mediterranean this summer, killing many people, exhausting firefighters and fueling demand for new solutions. Enter ...
Lloyd’s Cyber Specialist Trium Cyber Opens London Office
Trium Cyber, a Lloyd's cyber specialist, announced that the U.S.-based company has opened a London office to write coverage for clients based outside of the U.S. "Our advanced technical underwriting, ...
Outlook on State Farm A++ Rating Now Negative: AM Best
AM Best revised the outlooks of the A++ financial strength rating and aa+ long-term issuer credit ratings of State Farm Mutual Automobile Insurance Company (State Farm Mutual) and two affiliates, the ...
The Latest Launches from CAPE Analytics, Insurity, Vouch
CAPE Analytics, an artificial intelligence powered property intelligence provider, announced the launch of an expanded hail product suite, built to provide property insurers with a comprehensive ...
Workers Comp Patients Fare Worse After Spine Surgery Than Others
Workers compensation patients undergoing lumbar spine surgery don't do as well post-surgery as other patients undergoing the same procedures, according to two recently published studies in the ...
Calif. Commish Calls for Biggest Reform Since Prop 103; Planned Fixes Detailed
California Insurance Commissioner Ricardo Lara announced a package of sweeping executive actions that include changes to the FAIR Plan, new rules for the review of climate catastrophe models, and ...