News
Can a More Unified Front Be Formed Against Legal System Abuse?
To tell the public what it spends on insurance—an amount largely affected by what it calls legal system abuse—Uber has started to provide information on ...
An Unsustainable Trend – Declining P/C Rates and Rising Cost of Risk: Marsh’s Doyle
Property/casualty prices are declining, while the cost of risk continues to rise – a trend that is unsustainable over time, according to John Doyle, president and chief executive officer of Marsh ...
Too Much Profit? Progressive’s Florida Results Generate Nearly $1B Q3 Charge
Progressive posted $2.6 billion in third-quarter net income last week in spite of taking a nearly $1 billion charge to account for excess profits the carrier will have to return to Florida auto ...
Natural Disaster Claims in 2025 to Again Top $100B Despite ‘Abnormally Low’ Q3 Events
Global insured losses from natural catastrophes during the first nine months of 2025 are estimated to hit $105 billion, bringing the sixth consecutive calendar year with losses topping $100 billion ...
Flirty AI Chatbots Force Meta to Give Teens’ Parents More Control
Meta said on Friday it will let parents disable their teens' private chats with AI characters, adding another measure to make its social media platforms safe for minors after fierce criticism over ...
Practice Makes Perfect for Teen Drivers: Survey
A new survey finds that young drivers felt more empowered when they spent more time practicing behind the wheel, according to Progressive Insurance. The insurer surveyed 513 new drivers aged 18 to 25 ...
More Extreme Weather Due to Record High CO2 Levels Last Year: Report
Heat-trapping carbon dioxide levels in the atmosphere jumped by the highest amount on record last year, soaring to a level not seen in human civilization and "turbo-charging" the Earth's climate and ...
New California Law Aims to Stabilize Insurance for Those Unable to Get Private Coverage
California Gov. Gavin Newsom signed a bipartisan bill that aims to prevent the state's home insurer of last resort from running out of money following a natural disaster. The FAIR Plan is an ...