U.S. Home Insurance ‘Bubble’ Closer to Popping as Climate Risks Mount: Report
Home insurance costs that have soared in much of the U.S. may get even higher.
Tens of millions of properties around the country are ...
U.S.
Separate Casino Cyber Attacks Highlight Continued Market Risk
Two cyber attacks against two separate casinos in Las Vegas last week highlight the continued cyber insurance market risk resulting from tenacious ransomware groups, according to Guy Carpenter's ...
U.S. Pipeline Regulator Awards $15M in Safety Grants
The U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) on Wednesday awarded $14.8 million in grants for pipeline safety training and technological ...
Study Finds AI Reduces Legal Involvement in Workers Comp Lost-Time Claims by 15%
A new study has found that artificial intelligence-enabled workers compensation claims management reduced legal involvement for lost-time claims by 15 percent. Gradient AI, a software provider of ...
10 States Want Judge to Block Changes to National Flood Insurance Program
Increases in federal flood insurance premiums that are projected to surpass 700 percent over the coming years are already leading people to back out of home purchases and will likely lead to an ...
Satisfaction Stable In Challenged Homeowners Market; Erie Ranks Highest: J.D. Power
As U.S. homeowners and renters are seeing rising premiums or policy cancellations due to a combination of natural catastrophes and regulatory pressure, the J.D. Power 2023 U.S. Home Insurance Study ...
LexisNexis Risk Solutions Launches C.L.U.E Auto Damage 360
Celebrating the 35th anniversary of the Comprehensive Loss Underwriting Exchange (C.L.U.E.), LexisNexis Risk Solutions announced the launch of C.L.U.E. Auto Damage 360, a comprehensive auto claims ...
Tourist Duck Boats Get New Rules Aimed at Improving Safety
Five years after 17 people died when a duck boat sank on a Missouri lake, the U.S. Coast Guard has issued new rules for the amphibious World War II vessels retrofitted for tourist excursions. But the ...
AM Best Revises U.S. Homeowners Segment to Negative
AM Best said it has revised its outlook for the U.S. homeowners segment to negative from stable following three consecutive years of net underwriting losses as a result ...
