News
Mission Accomplished: Allstate Announces Calif., NY, NJ Rate Approvals
The departments of insurance in California, New York and New Jersey approved double-digit auto rate increases for Allstate in three states that the carrier considered exiting in the absence of ...
California Landscape Design Contest Focuses on Reducing Wildfire Risk
A landscape design contest underway at the University of California, Berkeley, is expected to produce innovative, affordable ideas for homeowners emphasizing wildfire defense while preserving ...
A market conduct examination is a formal review by a state insurance department of how an insurer operates in the...
Report: U.S. Crop Insurers Reap Billions in Profit
Roughly one-third of U.S. government spending to insure the nation's crops since 2011 has gone to insurance companies that derive more than $1 billion in profit from the program each year, according ...
Road Safety Agency Begins Process to Prevent Impaired Driving Through Technology
U.S. auto safety regulators say they have taken the first step toward requiring devices in vehicles that prevent drunk or impaired driving. The National Highway Traffic Safety Administration ...
Allianz D&O Outlook: ESG Claims ‘Here to Stay’ and AI Rapping at the Door
While everyone may be talking about potential risks associated with generative artificial intelligence, a new directors & officers report from Allianz highlights a range of current concerns ...
Workplace Suggestions Taken More Seriously When Phrased in the Form of a Question: Study
Showing strength and confidence is often touted as the way to get things done at work, but a new study from the University of Iowa's Tippie College of Business suggests that people might have more ...
U.S. 2020-22 Billion-Dollar Disasters Near Decadal Averages; Building Codes Lag: FEMA
Between January 2020 and December 2022, 60 climate-related disasters, costing nearly $1 billion each, caused 1,460 fatalities and 2,939 injuries, according to data from the National Oceanic and ...
Parent of Key SiriusPoint Shareholder In Receivership; Ratings Impact Neutral
SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced that the parent company of a key shareholder has been taken into private receivership by its lenders in Singapore. CMIG ...