News
California Cop Allegedly Partied at Festival While Collecting $600,000 for Fake Injury
A Southern California police officer was caught partying at the Stagecoach Music Festival while collecting more than $600,000 in workers' compensation for a head injury that prosecutors allege was ...
‘Big Beautiful’ Tax Breaks for Insurance Agents in Bill Passed by House, Says Big I
The Independent Insurance Agents and Brokers of America celebrated a "significant victory" for independent agents with the passage of a sweeping tax bill this week by the House of Representatives. ...
AI Spots Suspicious Claims Earlier Than Traditional Approaches: Study
Machine learning models detect suspicious claims two weeks after submission, much faster than traditional methods, according to a new CLARA Analytics study on fraud detection in property/casualty ...
FEMA Senior Officials to Exit as Trump Targets Agency
The U.S. Federal Emergency Management Agency announced the departure of 16 senior executives on Wednesday, a significant shakeup of its leadership ranks less than two weeks before the start of what ...
Eliminating Outdated Excise Tax on New Trucks Would Benefit Safety: ATRI
Repealing a century-old federal excise tax on heavy trucks could prevent 729 crashes and eight roadway deaths annually, a recent report from the research arm of the American Trucking Associations ...
Musk: Hundreds of Thousands Self-Driving Teslas on US Roads by End of 2026
Elon Musk said that he expects hundreds of thousands of self-driving Teslas will be on the road requiring no human intervention by the end of next year and that he is committed to staying as CEO of ...
State Farm Still Wants a 30% Rate Increase in California
State Farm isn't done seeking a rate increase in California, upping its request a week after getting the OK for a large rate hike to what the company had originally wanted before being rejected and ...
Captives to Remain Viable as Market Softens: RIMS Panel
As commercial property insurance rates moderate, the value and relevance of captive insurance companies isn't expected to fade away. A panel of experts discussed the state and evolution of the ...