U.S.
NICB: Imports, Sedans Top List of Most Stolen Vehicles in the U.S.
Imported Kia and Hyundai sedans topped the list of vehicle thefts in 2023, according to a new report issued by the National Insurance Crime Bureau (NICB). The association noted how social media ...
Self-Driving Cars Could Lead to Changes in Traffic Lights
As cars and trucks get smarter and more connected, the humble lights that have controlled the flow of traffic for more than a century could also be on the cusp of a major transformation. Researchers ...
Survey Finds More Employees Bringing Their Own AI to Work
According to new research from Microsoft Corp. and LinkedIn, the use of generative AI at work has nearly doubled in the past six months but employees aren't waiting for their employers to catch up to ...
AM Best: Social Inflation Key Factor in Rise of Loss Severity
Loss severity for many U.S. casualty lines of insurance business has exceeded economic inflation over the past decade, indicating other factors are influencing claims costs for indemnity and expense ...
Survey Offers Tips on Ways to Assist Homeowners in Procuring Adequate Coverage
The number of severe climate-related disasters in the United States escalated by 32 percent between 2019 and 2022, causing insured losses over the same period to rise by nearly 300 percent, according ...
FBI Focused on Nabbing Scattered Spider Hackers
The U.S. FBI is working towards charging hackers from the aggressive Scattered Spider criminal gang who are largely based in the U.S. and western countries and have breached dozens of American ...
Triple-I: Slowdown in U.S. P/C Replacement Costs Likely Short-Lived
Property/casualty replacement costs in the U.S. are increasing at a slower pace than overall inflation and will likely continue to do so for the next 24 months, according to the Insurance Information ...
El Nino to End by June, La Nina to Appear Later in the Year
The El Nino weather pattern should fade out by June but could be replaced by the La Nina phenomenon by the second half of the year, a U.S. government forecaster said on Thursday. There is a 49 ...