News
Changes in Policy Language, Provisions Suppressing Claim Volume: Report
U.S. claim volume fell 8.9% from last year, with total claims dipping 13.1% below the five-year average, despite several large catastrophe events, a new report shows. What's driving the trends isn't ...
Sompo Acquiring Workers Comp Writer Service Insurance Companies
Sompo International Holdings Ltd. announced a definitive agreement for one of Sompo's U.S. subsidiaries to acquire Service Insurance Companies, a U.S. workers compensation insurance specialist. ...
U.S. Proposes Dropping Brake Pedal Requirements for Self-Driving Vehicles
The National Highway Traffic Safety Administration proposed on Thursday to end a government requirement for manual brake pedals in self-driving vehicles, a move that would make it easier to deploy ...
Global Cargo Theft Ring Charged in $10M Scheme
Eight individuals were charged with conspiracy to transport and possess stolen property in connection with an international, organized scheme to steal cargo from commercial shippers, according to a ...
U.S. States Seek $1.4T in Penalties in August Meta Youth Safety Trial
Meta Platforms said in a court filing on Monday that four states were seeking $1.4 trillion in penalties over accusations the company designed its Facebook and Instagram platforms to addict young ...
Prosecutors Can Review Tiger Woods’ Med Records in Florida DUI Case: Judge
Prosecutors are allowed to review medical records related to Tiger Woods ' March vehicle crash and subsequent arrest in Florida on suspicion of driving under the influence, a judge has ruled. Judge ...
Hellman & Friedman’s Hub International Seeks $3 Billion in IPO
Insurance broker Hub International Holdings Inc. is seeking to raise about $3 billion in its initial public offering, according to people familiar with the matter. The Hellman & Friedman-backed ...
Register: Risky Future AI Tools for Underwriting ‘Demo Day’ on July 8
Insurance Journal's Risky Future series is hosting the "AI Tools for Underwriting" Demo Day, a series of free AI tool demonstrations designed exclusively for Carriers, MGAs, Specialty Program ...