News
U.S. Agency Urges Fireworks Safety Ahead of July 4th Holiday
As July 4th celebrations near, the U.S. Consumer Product Safety Commission (CPSC) is reminding the public to prioritize fireworks safety. In 2024, there were 11 reported fireworks-related deaths, ...
Middle East Tensions Raise Loss Accumulation Risks: Report
Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities between Iran and Israel, according to ...
Why Are Test Dummies Modeled After Men When Women Face Higher Risk of Injury in Crashes?
Maria Weston Kuhn had one lingering question about the car crash that forced her to have emergency surgery during a vacation in Ireland: Why did she and her mother sustain serious injuries while her ...
IIHS: Blind Spots of Top Selling Autos Grew; Pedestrian, Biker Deaths Soared
The forward blind zones of six top-selling vehicles grew over the past 25 years as pedestrian and bicyclist fatalities soared, a new comparison technique developed by the Insurance Institute for ...
Homes With Toxic Smoke Damage Deepen Insurance Nightmare in LA
Months after fire tore through Los Angeles' Pacific Palisades neighborhood, homeowners are struggling to get reimbursed — not for houses reduced to rubble, but for the damage of smoke and toxins in ...
Tokio Marine Hunts for Deals Abroad, Sees Room for Growth in U.S.
Tokio Marine Holdings Inc. sees scope for further expansion in the US as Japan's largest property-and-casualty insurer explores acquisition opportunities around the world, its new chief executive ...
Aon Launches AI-Powered Aon Broker Copilot for Commercial Insurance
Aon plc today announced the launch of Aon Broker Copilot, a platform that uses artificial intelligence, large-language models and predictive analytics in the commercial insurance placement process. ...
Cargo Theft Up 27% in 2024 With Continued Rise Expected: NICB
Tariffs, enhanced technology to defeat law enforcement along with profitability of criminal enterprises, and geopolitical circumstances have led to an increased threat to the global supply chain, ...