U.S.
Total Loss Rate for EVs Lower Than Gas-Powered Vehicles: Mitchell
A new report debunks the common misconception that electric vehicles (EVs) are declared total losses more often than their internal combustion engine (ICE) counterparts, according to Mitchell, an ...
Some Homes Being Built to Withstand Hurricanes Also Cut Emissions
When Hurricane Michael hit the Florida Panhandle five years ago, it left boats, cars and trucks piled up to the windows of Bonny Paulson's home in the tiny coastal community of Mexico Beach, Fla., ...
Allstate Redesigns Mobile App
Allstate announced updates to its mobile app, adding more features such as an affordable gas finder called GasBuddy, a parking reservation platform called SpotHero, a climate risk resource to guide ...
Judge Rules Workers Comp Doesn’t Apply in Case Involving Teacher Shot by 6-Year-Old
A teacher who was shot by her six-year-old student in Virginia can press forward with her $40 million lawsuit against a school system over claims of negligence by school administrators, a judge ruled ...
Bad-Faith Payouts Are Penalties, Not Insurance Benefits, Florida Supreme Court Says
Randy Willoughby's lawyers turned a $10,000 uninsured motorist policy into a $4 million bad-faith settlement with his auto insurer. Then they won a $30 million jury ...
Aon: Homeowners ROE Improved with Timely Rate Hikes
A new report on the state of the homeowners market in the U.S. highlights how insurance carriers used timely rate actions to thwart residual inflationary pressures, improving the overall prospective ...
Moody’s Creates Private Credit Rating, Research Group
Ratings agency Moody's is creating a unit to research and rate private credit, the firm said on Monday. The unit will be headed by Ana Arsov, who will coordinate research and rating initiatives in ...
California FAIR Plan Increases Commercial Coverage Limits to $20M Per Location
The California FAIR Plan Association is offering increased commercial coverage of up to $20 million per location.
Prior to the ...
