U.S.
Insurers Leery of Hyundais and Kias Famous on Social Media for Being Easy to Steal
Social media influencers and an insurance industry think tank are giving Hyundai and Kia vehicles the worst kind of publicity: Many of the cars the company sold are easy to steal. In the past week, ...
Slide Will Assume 91,000 Policies and Premium in United P&C Runoff in Florida
One year after Slide Insurance made waves by taking over thousands of policies from a troubled Florida carrier, the young company has done it again. The Florida Office of Insurance Regulation on ...
U.S. and EU to Launch First-of-Its-Kind AI Agreement
The United States and European Union on Friday announced an agreement to speed up and enhance the use of artificial intelligence to improve agriculture, healthcare, emergency response, climate ...
AI Wildfire Detection Bill Gets Approval in Colorado
A year after the most destructive wildfire in the state's history scorched nearly 1,100 homes, Colorado lawmakers are considering joining other Western states by adopting artificial intelligence in ...
Climate Is Forcing the Most Risk-Aware Industry to Reinvent Itself
When it comes to climate impacts, the front line of the finance industry is insurance. Last year's payout from damages caused by extreme weather events totaled $120 billion—about the same as the ...
Global Insured Losses From Natural Disasters Topped $130B in 2022 in 5th Costliest Year
Economic losses from natural disasters in 2022 were estimated at $313 billion, with an insurance price tag of approximately $132 billion, according to Aon. Roughly 42 percent of economic losses were ...
Consumer Reports Urges Dark Chocolate Makers to Reduce Lead, Cadmium Levels
Consumer Reports on Monday urged four chocolate producers to commit by Valentine's Day to reduce the amounts of lead and cadmium in their dark chocolate products after testing revealed harmful levels ...
Florida High Court Disbars Notorious Plaintiffs Lawyer; Infamous Public Adjuster Could Be Next
Florida officials have taken strong action against two of the insurance industry's most-detested adversaries, disbarring a notorious plaintiffs' attorney who filed thousands of frivolous claims ...