U.S.
Americans Are Moving Toward Climate Danger in Search of Cheaper Homes
A midsummer quiz: Let's say you read about an area experiencing blistering heat for weeks on end — heat so hot that in the day, you can't go outside, and at nighttime, it's still above 90F. Would ...
Barring Change, Allstate May Exit California Property Market Completely
The topic of a recent California insurance department workshop was the potential use of catastrophe modeling in ratemaking, but carrier representatives and consumers took the opportunity to air ...
Early AI initiatives in personal auto have largely focused on improving efficiency within individual functions, from claims and customer service...
Slice E&S Small Business Insurance Offered in 9 More States
Slice Labs Inc., a technology company catering to small businesses with an on-demand insurance platform specializing in non-admitted lines, announced the expansion of its excess & surplus ...
U.S. House Panel Considers Reviving Self-Driving Car Regulation
U.S. lawmakers will look to jump start long-stalled legislation on the safe and regulated adoption of self-driving cars at a congressional hearing on July 26. The panel will consider separate draft ...
Tech Companies Agree to AI Safeguards Set by the White House
President Joe Biden said Friday that new commitments by Amazon, Google, Meta, Microsoft and other companies that are leading the development of artificial intelligence technology to meet a set of AI ...
Coastal Construction, Rising Replacement Values Contribute to Costly Hurricane Claims
Insured losses from hurricanes have risen steadily over just the past 15 years, with nine of the 10 costliest hurricanes in U.S. history occurring since 2005, according to the Insurance Information ...
Historic Catastrophe Losses Blamed for Slump in Travelers’ Profit
This week, Travelers Companies Inc. reported a 98 percent fall in quarterly profit, as severe wind and hail storms in parts of the United States pushed up its catastrophe losses. Core income of the ...
Florida Girl Burned by McDonald’s Chicken McNugget Awarded $800,000 in Damages
A South Florida jury awarded $800,000 in damages to a little girl who received second-degree burns when a hot Chicken McNugget fell on her leg as her mother pulled away from the drive-thru of a ...