Climate Change Means Californians Need Flood Insurance Now
Californians know wildfires and earthquakes; hurricanes, not so much. So, when Tropical Storm Hilary inundated Southern California in normally bone-dry August, it showed ...
U.S.
New Study Says Autonomous Vehicles Significantly Reduce BI/PD Claims
A first-of-its-kind study has revealed that autonomous vehicle technology reduced bodily injury claims frequency by 100 percent and property damage claims frequency by 76 percent. Global reinsurer ...
Major Malware Network Accused of 30% of Global Cyber Attacks Seized
U.S. officials said Tuesday that the FBI and its European partners infiltrated and seized control of a major global malware network used for more than 15 years to commit a gamut of online crimes ...
Top 15 E&S Writers: Lloyd’s, Berkshire Still Lead as All Major Players Grow
The U.S. excess and surplus lines market reported double-digit growth for the fifth straight year in 2022,with second-ranked Berkshire Hathaway pushing the total growth figure for the E&S market ...
Extreme Weather Hits Summer Tourism Businesses Hard
For small businesses that rely on summer tourism to keep afloat, extreme weather is replacing the pandemic as the determining factor in how well a summer will go. The pandemic had its ups and downs ...
State Insurers Weather Hurricane Idalia Amid Florida Market Pullback
Florida-only insurers such as Citizens Property Insurance anticipate fewer losses from Hurricane Idalia than from previous storms in the state, even as industry experts expect further insurer ...
Tampa Bay Dodges Direct Hurricane Hit, Deals With Significant Flooding
Last year it was Hurricane Ian that drew a bead on Tampa Bay before abruptly shifting east to strike southwest Florida more than 130 miles (210 kilometers) away. This time it was Hurricane Idalia, ...
New Rule to Prevent Furniture Tip-Over Injuries Goes in Effect Today
Tip-over related deaths and injuries are expected to decline as a new U.S. Consumer Product Safety Commission mandatory safety standard goes into effect today. The new rule is designed to protect ...
Burger King Must Face Lawsuit Claiming its Whoppers Are Too Small
A U.S. judge has rejected Burger King's bid to dismiss a lawsuit claiming that it cheated hungry customers by making its Whopper sandwich appear larger than it actually ...
