Insurers Fret Over Militant Attacks, AI Hacks and Big Claims at Paris Olympics Insurers are nervous that militant attacks or AI-generated fake images could derail the Paris Olympics, risking event cancellations and millions... Read More
GEICO to Pay $6 Million to Settle Auto Adjusters’ Claims of Unpaid Overtime Hours Insurer GEICO has agreed to pay $6 million to settle claims by auto damage claims adjusters who allege the insurer... Read More
Crypto Hacking Thefts Double to $1.4B in First Half of 2024, Researchers Say The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a... Read More
Progressive to Pay $48M to New York Drivers Over Underpaid Total Loss Claims Progressive Insurance has agreed to a $48 million settlement with a class of 93,000 New York policyholders who claim the... Read More
State Farm Seeking Large Rate Increases in Wildfire-Prone California State Farm has applied for large rate increases in California, a year after the carrier got rate approvals of 7%... Read More
U.S. P/C Underwriting Results: Two Years in a Row Over $20 Billion in the Red For the second year in a row, the U.S. property/casualty industry booked an underwriting loss of more than $20 billion... Read More
Jury Awards $68.5M to Family of Worker Who Fell to Death at Philly Construction Site A Philadelphia jury has awarded $68.5 million in damages to the widow and son of a 38-year-old construction worker who... Read More
U.S. Home Insurance Still Priced Too Low for Climate Risk, Says Swiss Re Chair This has been a year of insurance sticker shock in the US. But the man who provides insurance to insurers... Read More
CDK Expects All Dealers to Be Live by Early July 4 CDK said on Monday it anticipates all dealers to be live on its dealer management system (DMS) by late July... Read More
California Wildfire Outlook: ‘A Challenging Season for Firefighters’ While the official start to California’s wildfire season is still a ways off, the best forecast of what’s ahead may... Read More