News
Global Insured Natural Disaster Claims Again Dominated by Severe U.S. Storms: Gallagher
Global insured losses from natural catastrophes in the first quarter were estimated at $20 billion, with U.S. claims accounting for more than $15 billion, or 75 percent, of the first-quarter total, ...Going, Going, Gone: ‘Disruption’ to Shrink Traditional Premiums for Auto
Before the end of the current decade, the personal auto industry is likely to see a peak—and then a subsequent lasting decline—in premiums for conventional auto coverage, consultants from ...MGM Resorts Sues FTC to Stop Investigation of Casino Hack
MGM Resorts International sued the Federal Trade Commission to stop an investigation into how it dealt with a cybersecurity attack last year. The company said the investigation deprives it of its ...States Sue to Block U.S. Rules Curbing Emissions in Cars, Light Trucks
Republican attorneys general from 25 states on Thursday sued the U.S. Environmental Protection Agency to block rules intended to reduce planet-warming emissions from cars and light trucks and ...Companies That Ignore Climate Risks Punished by Financial Markets
New data suggests corporate valuation is boosted with proactive climate risk management, according to research by the University of Florida. The study "quantified corporations' exposure to climate ...Maritime Law Invoked By Ship Owner in Baltimore Bridge Collapse to Cover Salvage Costs
The owner of the massive container ship Dali, which caused the deadly collapse of Baltimore's Francis Scott Key Bridge last month, has initiated a process requiring owners of the cargo on board to ...Progressive Gains as Drivers Shop Around for Auto Insurance—Again
Although it may have seemed like drivers had thrown in the towel on trying to find cheaper auto insurance prices late last year, a new study of consumer behavior finds they're back to shopping ...Cat Losses, Auto and HO Price Hikes Continue at Allstate
The Allstate Corporation announced estimated pretax catastrophe losses of $328 million for the month of March, bringing total pretax cat losses for the quarter to $731 million. The first-quarter ...The Supreme Court Just Complicated Employer Diversity Initiatives
The U.S. Supreme Court's ruling that a St. Louis police sergeant can sue over a job transfer she claims was discriminatory was championed by human rights groups as "an ...