News
2023 to Test Recent Growth in Private Flood Insurance Market
The private flood insurance market has been growing, but 2023 may provide a real test following Tropical Storm Hilary in California as well as future storms that may come during the remainder of the ...
Reinsurers Continue to Lead in Post-Pandemic Innovation
Innovation in the insurance industry, accelerated by COVID-19, has continued largely due to consumer appetite and market competition, according to a newly released report by AM Best. Predictive ...
Idalia Threatens Florida’s Gulf Coast With Storm Surges
Hurricane Idalia was strengthening on Tuesday as it lumbered toward Florida's Gulf Coast, where officials ordered evacuations and urged millions of residents to brace for a possible major Category 3 ...
Bare Wires, Leaning Electrical Poles Possible Cause of Deadly Maui Fires
In the first moments of the Maui fires, when high winds brought down power poles, slapping electrified wires to the dry grass below, there was a reason the flames erupted all at once in long, neat ...
Tile, Amazon Face Lawsuit From Stalking Victims Over Tracking Device Product
A tracking device called Tile may be effective in preventing its user from losing keys, a dog or a purse, but it is also a tool used by stalkers, according to two women who have filed a proposed ...
Farmers Insurance Laying Off 11% of Workforce, Citing Industry Challenges
Farmers Insurance announced it will part ways with approximately 2,400 employees — 11% of its workforce across all lines of business. "Decisions like these are never easy, and we are committed to ...
Florida on Edge as Hurricanes Franklin and Idalia Take Shape
With two hurricanes forming in the Atlantic, Florida and the rest of the Atlantic seaboard are bracing for their impact. While Hurricane Franklin is only expected to bring with it considerable wind, ...
Resolution of Tesla Autopilot Probe Expected Soon
The National Highway Traffic Safety Administration (NHTSA) will resolve its two-year investigation into Tesla Autopilot and could make a public announcement soon, the agency's acting head told ...