U.S.
Live Burn Demonstrates Value of Wildfire Mitigation
A recent wildfire demonstration highlighted how mitigation can thwart damaging fires from reaching homes. The live burn conducted in collaboration with the Insurance Institute for Business & Home ...
New England Could See More Monster Storms Like Hurricane Lee
When it comes to hurricanes, New England can't compete with Florida or the Caribbean. But scientists said Friday the arrival of storms like Hurricane Lee this weekend could become more common in the ...
On the Road Again: Rate Drops of People Working From Home
If you think U.S. roads have gotten busier on your morning commute, you're not alone. The rate of workers driving to their jobs creeped upwards nationwide last year, as did those who carpool to work ...
CorVel Launches Training Initiative for Claims Professionals
CorVel Corporation, a provider of risk management services, announced the launch of CorVel University, a national training initiative designed to equip employees with the necessary skills and ...
Mutual Insurers’ Bottom Lines Reflect Impact of Inflation, Secondary Perils: AM Best
Despite notable premium growth in 2022, elevated inflation led to higher claims costs resulting in a $31 billion underwriting loss for U.S. property/casualty mutual insurance companies, according to ...
Tech Leaders Endorse AI Regulation at Rare Washington D.C. Summit
The nation's biggest technology executives on Wednesday loosely endorsed the idea of government regulations for artificial intelligence at an unusual closed-door meeting in the U.S. Senate. But there ...
Hyundai, Kia Urge U.S. Court to Reject Social Media-Prompted Theft Lawsuits
Korean automakers Hyundai Motor and Kia Corp on Tuesday asked a U.S. judge to reject lawsuits filed by 17 cities for failing to install anti-theft technology in millions of their vehicles. The ...
U.S. Claims Google Paid $10B a Year to Maintain Search Dominance
Google has exploited its dominance of the internet search market to lock out competitors and smother innovation, the Department of Justice said Tuesday at the opening of the biggest U.S. antitrust ...