News
Bankruptcy Judge Lets Directors of Failed SVB Tap $210M D&O Tower
A bankruptcy judge is allowing current and former officials with the parent company of Silicon Valley Bank to tap into the $210 million in insurance coverage available through directors and officers ...
How Much Should Insurers Trust AI Chatbots?
Whether it's underwriting, claims or customer service, it seems that artificial intelligence is top of mind for the insurance industry right now. William Bennett, partner at law firm Saxe, ...
NOAA: Average Hurricane Season Predicted for the Atlantic
During a press conference today, the National Oceanic and Atmospheric Administration (NOAA) announced its forecast for the 2023 Atlantic Hurricane season. The 20th anniversary of Hurricane Isabel, a ...
Some Think Social Media Needs to Be Regulated to Reduce Harm to Youth
The U.S. surgeon general is warning there is not enough evidence to show that social media is safe for children and teens - and is calling on tech companies, parents and caregivers to take "immediate ...
Anti-ESG Rhetoric in U.S. Prompts Urgent Talks as Insurers Quit Climate Coalition
The world's biggest climate coalition for insurers is set to hold emergency talks after a wave of defections revealed the extent to which anti-ESG rhetoric in the U.S. is unsettling ...
U.S. P/C Industry Posts Record Q1 Underwriting Loss: S&P
An analysis from S&P Global Market Intelligence found that the finger can be pointed at personal lines carriers for most of the property/casualty industry underwriting red ink during the first ...
P/C Insurers Impress Shoppers With Digital Channels, But Servicing Existing Customers Lags
Though insurers do a good job attracting new customers shopping for policies via their digital channels, they fall short when it comes to servicing existing customers, a new industry report shows. ...
IIHS: Rear Passengers in Small Cars at Higher Risk of Internal Injuries
A new crash test, conducted by the Insurance Institute for Highway Safety (IIHS), revealed poor ratings for all small cars tested. In all five vehicles tested, the rear dummy submarined beneath the ...