News
Investment Activities Don’t Cut It; Underwriters Create Value: ACORD
"Sustainable value creators" among the 100 largest property/casualty insurance carriers generated more value through underwriting than through investment activities over a 20-year study period, ...
Bold Movers and Losers: Incumbents Need to Act While InsurTechs Stumble
At a time when InsurTechs face major headwinds and incumbent insurers benefit from market tailwinds, it's time for the traditional insurers to make bold strategic moves, McKinsey partners said in a ...
Schools and Social Media Lawsuits: The Legal Road Ahead
Like the tobacco, oil, gun, opioid and vaping industries before them, the big U.S. social media companies are now facing lawsuits brought by public entities that seek to hold them accountable for a ...
Size Matters: Risks of Injury, Death Rising As Heavy EVs Hit U.S. Roads, NTSB Says
U.S. National Transportation Safety Board Chair Jennifer Homendy on Wednesday raised concerns about the increased risk of severe injury and death from heavier electric vehicles on U.S. roads. She ...
Supreme Court: New York Gun Carry Law Still In Force For Now
New York can for now continue to enforce a sweeping new law that bans guns from "sensitive places"' including schools, playgrounds and Times Square, the Supreme Court said Wednesday, allowing the law ...
NJ Gun Carry Law On Hold For Now
Suggesting that New Jersey's recent concealed carry law infringes on the public's Second Amendment rights, a federal judge on Monday put a temporary hold on the legislation drafted after the U.S. ...
W.R. Grace Offers $18.5M to Settle Montana Asbestos Claims
The owner of a former vermiculite mine in northwestern Montana that spread harmful asbestos in and around the town of Libby has offered $18.5 million to settle the last of the state's claims for ...
NOAA: Ian, Drought Supercharged U.S. Weather Extremes in 2022
Costly weather disasters kept raining down on America last year, pounding the nation with 18 climate extremes that caused at least $1 billion in damage each, totaling more than $165 billion, federal ...