News
Level 5—Full Self-Driving Vehicles—’Will Never Exist,’ Researcher Says
When you're driving your car, do you ever look through the rear window to make sure there's nothing behind it in harm's way? Now that many cars are equipped with backup cameras, looking back is a ...
Allstate Records About $640M in August Cat Losses, Half From Maui Wildfire
Allstate reported about $641 million in August catastrophe losses from 18 events, with about half coming from the Maui wildfire. The losses for the month of August were $551 million or $435 million, ...
As Complaints Against Pharmacists Rise So Does the Cost to Defend Them
The cost to defend complaints against pharmacists to their State Board has increased more than 100 percent in the last decade, according to a newly released claim report published by Healthcare ...
Minivans Disappoint When it Comes to Rear Seat Safety
Of four popular minivan models tested in the Insurance Institute for Highway Safety (IIHS) updated moderate overlap front crash test, not one earned an acceptable or good rating. The Chrysler ...
Global Business Group Developing Standards to Account for Climate Risks
An international working group of 40 business and finance executives on Monday presented companies with guidelines on explaining to investors their dependence on ecosystems in a bid to better manage ...
NFL’s Injury Data Analysis Aids in Predicting, Preventing Injuries
The NFL's health and safety initiatives focus heavily on concussions, the face of football's ever-present danger. Torn knee ligaments are instant headlines, ending seasons for star players in a split ...
U.S. Home Insurance ‘Bubble’ Closer to Popping as Climate Risks Mount: Report
Home insurance costs that have soared in much of the U.S. may get even higher. Tens of millions of properties around the country are insured at prices that haven't caught up with the danger of ...
CAS Announces Cummings as President-Elect
The Casualty Actuarial Society (CAS) has announced the results of its elections, with David Cummings, FCAS, being named president-elect for 2023-2024. He will begin his term at the close of the 2023 ...