APCIA: Inflation Outpacing Premium Increases for Auto and Homeowners Lines US Insurers — already hammered by extraordinary losses caused by natural disasters — are also failing to raise premiums at... Read More
Purdue Pharma, US States Agree to New Opioid Settlement OxyContin maker Purdue Pharma reached a settlement Thursday over its role in the nation’s deadly opioid crisis that includes virtually... Read More
UN Shipping Agency Calls Special Ukraine Meeting Amid Safety Fears LONDON —The International Maritime Organization (IMO) will convene a special meeting next week to discuss the risks to seafarers and... Read More
Researchers Say New FEMA Flood Maps Underestimate Flood Risk Researchers have used artificial intelligence to predict where flood damage is likely to happen in the continental United States. The... Read More
Insurers Warn Senate Committee of ‘Staggering’ Increase in Carjacking The number of carjackings has exploded in major US cities in the past two years, along with a less astonishing... Read More
APCIA Joins Group Pushing for Reforms on Litigation Funding A new advocate group in New York that counts the American Property Casualty Insurance Association (APCIA) as a member is... Read More
Claims People: IAT, CoreLogic and MedRisk IAT Appoints Senior VP for Claims IAT Insurance Group has appointed Heidi Bendick as senior vice president of claims operations.... Read More
Claims Business: CCC, Travelers, Envista Forensics and Fourstone CCC Acquires Safekeep CCC Intelligent Solutions has acquired Safekeep, a New York City-based tech firm that developed an enterprise platform... Read More
Customer Satisfaction Scores Drop for Property Claims, J.D. Power Says J.D. Power says frustration with slower claim cycle times and a rough transition to digital channels contributed to the lowest... Read More
Hacking Risk Shadows U.S. Business as Russia Threatens Critics A swath of major American businesses — from major banks to utility companies — is preparing for possible cyberattacks against... Read More