Claims & Reserving
U.S. Traffic Deaths Jump 10.5% in 2021 to Highest Number Since 2005
U.S. traffic deaths jumped 10.5 percent in 2021 to 42,915 — the highest number killed on American roads in a single year since 2005, according to a preliminary estimate from U.S. regulators. The ...
How Climate Change Is Fueling More Intense Global Wildfires
Already, 2022 is taking its place in a pantheon of years that have seen the nature of fire change—and all parts of the world fall under threat. It's only expected to get worse, with drought and ...
Hacker Shows Off a Way to Unlock Tesla Models, Start Cars
Tesla Inc. customers might love the carmakers' nifty keyless entry system, but one cybersecurity researcher has demonstrated how the same technology could allow thieves to drive off with certain ...
Climate Change Is Hurting Insurance Industry: Report
Climate change is hurting the insurance industry, and only 8 percent of insurers are preparing adequately for its impact, consultants Capgemini and financial industry body Efma said in a report on ...
TikTok Sued After 10-Year-Old Dies in ‘Blackout Challenge’
TikTok Inc. was blamed in a lawsuit for the death of a 10-year-old girl who allegedly participated in an online challenge in which people choke themselves until they black out. Nylah Anderson, an ...
Earth Has 50-50 Chance of Hitting Key Warming Mark by 2026
The world is creeping closer to the warming threshold international agreements are trying to prevent, with nearly a 50-50 chance that Earth will temporarily hit that temperature mark within the next ...
Claims Frequency Up for 2021, but Workers Comp Profitability ‘Unprecedented’
For the first time in more than a decade, workers compensation claims frequency, outside of COVID-19 illness claims, increased in the United States last year. But not to worry, the trend won't last, ...
Inflation, Ukraine War Seen as Chief Financial Risks
High inflation, volatility in stock and commodity markets, and the war in Ukraine have emerged as the chief risks to the U.S. financial system, the Federal Reserve reported on Monday in a biannual ...