Missouri Insurance Department Report Highlights Cost and Lack of Earthquake Coverage in High-Risk Areas The Missouri Department of Commerce and Insurance (DCI) issued an Earthquake Survey in December 2023 that shows a lack of... Read More
Allstate Reports $276M in January Cat Losses, Updates Rate Increases Allstate Corp. on Thursday reported January pretax catastrophe losses of $276 million. The Northbrook, Illinois-based insurer reached its $150 million... Read More
Prudential Reports Unauthorized Access to Its Computer Systems Prudential Financial has disclosed a hacker gained unauthorized access to its systems earlier this month. In a Feb. 13 filing... Read More
Iceland Plans to Buy Out Homeowners in Volcano-Struck Town Iceland’s government has agreed to buy all residential properties in the fishing town of Grindavik, which has become uninhabitable after... Read More
California Lawmakers Call for Stricter Regulation of Autonomous Vehicles California lawmakers and labor unions rallied to call for laws to not allow autonomous trucks without human drivers, amid rising... Read More
Jacobson: Survey Shows ‘A Significant Pause’ in Industry Job Growth More than half of insurance companies expect to increase staff in the next year, according to the latest labor market... Read More
Snowstorm Descends on NYC as Hundreds of Flights Canceled A powerful winter storm descended on the US Northeast on Tuesday, dropping snow across the region while snarling commutes, shutting... Read More
Prime Insurance Avoids $60M Judgment in Liposuction Death Case in Georgia Prime Insurance Co. is not liable for $60 million in damages after two patients died following liposuction at a Georgia... Read More
Viewpoint: The Cyber Risk Pendulum Privacy risk is so 2014, right? Ten years ago, numerous retail and healthcare companies were hit with data breaches related... Read More
AM Best Says Losses from California Storms Largely Uninsured, Underinsured The economic losses from the latest round of California storms will be significant, with many of these losses may not... Read More