News
Delaware vs. IRS: Fight Over Captive Insurers’ Data Privacy Headed to Supreme Court
The state of Delaware is going to the Supreme Court in its fight with the Internal Revenue Service over the release of information on captive insurers. This fight has placed Delaware's state ...
State Farm Seeking $1.5M From Owners of Collapsed NYC Garage
The collapse of a New York City garage in April was caused by the negligence of the owners of the building, according to their insurer, State Farm, which is suing them to recover $1.5 million in ...
Study: Motor Vehicle Thefts Soar in First Half of 2023
During the first half of 2023, vehicle thefts soared while most other crimes declined, according to a new study of crime trends in 37 cities released this week by the Council on Criminal Justice. ...
AM Best: Insurer Portfolio Diversification Hindered by Convective Storms
The growing frequency and severity of convective storms in southern U.S. states is increasingly hampering the ability of insurer and reinsurers to effectively diversify their portfolios, a new AM ...
Employees Are Losing Sleep Over Rookie Managers: Research
New managers can be the stuff of office workers' nightmares. That's according to new research by digital learning system Oji Life Lab, which found that one in five employees lost sleep over a newly ...
Crash Reduction Aim of Toyota’s Collaborative Safety Research Center’s New Projects
Three new projects directed at advancing safety in mobility technologies were announced by Toyota's Collaborative Safety Research Center (CSRC). The projects include a review of the benefits of ...
Liberty Mutual Will No Longer Offer Business Owner’s Policies in California
Property and casualty insurer Liberty Mutual will stop offering its businessowners policy (BOP) product in wildfire-prone state California from Oct. 1, in a sign that cost inflation and higher ...
22 States Move to Block 3M’s $10.3 Billion PFAS Deal
A group of 22 states and U.S. territories on Wednesday moved to block a proposed $10.3 billion settlement that would resolve claims against 3M Co over water pollution tied to "forever chemicals," ...