U.S.
$4B Settlement Reached for Maui Wildfires
The parties in lawsuits seeking damages for last year's Maui wildfires have reached a $4 billion global settlement, a court filing said Friday, nearly one year after the ...
Hurricane Could Blow Through Florida Cat Fund’s Reserves. But That May Be OK, Report Says
A report from Moody's Ratings service contends that one good hurricane this year could wipe out the Florida Cat Fund's reserves, potentially forcing it to place a small surcharge on Florida insurance ...
IRC: Michigan No-Fault Reforms Led to More Affordable Personal Auto Insurance
Since Michigan auto insurance reforms enacted in 2019, personal auto insurance affordability has improved substantially, according to the a new report by the Insurance Research Council (IRC), a ...
Reforms Coming to Hawaii Workers Comp System
Following a rare win for injured workers this past legislative session, a Hawaii lawmaker is pushing for more reforms to the state's workers' compensation system, in an effort that has support from ...
Illuminated Crosswalks Aid Drivers in Yielding to Pedestrians: IIHS
In areas with few streetlights, drivers are more than three times as likely to yield to pedestrians at illuminated crosswalks than at dark ones, according to a new study from the Insurance Institute ...
AAA: Post-Pandemic Risky Driving Behavior Continues
Dangerous driving behaviors like speeding, not using seatbelts and impaired driving contributed to a significant rise in fatal crashes compared to pre-pandemic times, researchers at the AAA ...
CPSC Says Amazon Responsible for Hazardous Items Sold by Third-Party Sellers
Amazon is responsible under federal safety law for hazardous products sold on its platform by third-party sellers and shipped by the company, a U.S. government agency ordered Tuesday. In a unanimous ...
Americans Concerned Extreme Weather Will Impact Retirement
Concerns about extreme weather are driving anxiety related to Americans' nest eggs, according to the 2024 Annual Retirement Study from Allianz Life Insurance Company of North America (Allianz Life). ...