KCC Says Isaias Insured Losses to Be $3 Billion; AM Best Calls Storm an Earnings Event October 19, 2026 By William Rabb Catastrophe risk management firm Karen Clark & Co. (KCC) said privately insured losses from wind and storm surge during Hurricane...
Appeals Court Blocks Class Actions Over Tesla’s Self-Driving Claims October 19, 2026 By Mike Scarcella A U.S. appeals court threw out on Friday an order allowing Tesla TSLA.O customers in California to pursue class action...
Walter’s Insurers Skirted Capital Rules With ‘Rolling’ Loophole October 19, 2026 By Zachary R. Mider and Weihua Li On paper, it was supposed to be a six-month loan. In December 2018, one of sports mogul Mark Walter’s insurance...
Tesla Launches Roadster at SpaceX Site in Latest Merger Hint October 16, 2026 By Kara Carlson The electric vehicle performed a series of aerial stunts for a crowd of onlookers.
Adjuster Created Law Firm and Fake Claim to Defraud Insurer of $1M, Officials Charge October 16, 2026 A former claims adjuster has been charged with defrauding the Pennsylvania insurer he worked for by taking payment of nearly...
Burned by Fire, Malibu’s Million-Dollar Mansions Face a New Threat: El Niño October 16, 2026 By Francesca Maglione and Samantha Stewart Duke’s Malibu has endured one disaster after another. The famed restaurant perched over the Pacific narrowly survived last year’s Palisades...
Report: 1 in 4 Taxis, Rideshare Vehicles Have Unfixed Recalls October 16, 2026 More than one-in-four taxi and rideshare vehicles had at least one unfixed recall, according to an analysis across 16 major...
Swiss Re: Non-Economic Factors Drive Half of UK Liability Claims Growth October 16, 2026 Non-economic factors have accounted for roughly half of liability claims growth in the U.K. in the last six years, according...
Volvo Cars Expands Automated Driving Partnership With Nvidia October 16, 2026 By Marie Mannes Volvo Cars is expanding its partnership with Nvidia to develop a new generation of driver-assistance and automated-driving technology, the companies...
Broad AI Exclusions in Could Create Uncertainty, Marsh CEO Says October 16, 2026 By Manya Saini A broad-based AI exclusion in insurance policies could create “real confusion and uncertainty,” Marsh CEO John Doyle said, calling for...