New York Fines GEICO $9.75M, Travelers $1.5M Over Auto Insurance Cyber Breaches November 26, 2024 Two auto insurers will pay fines totaling $11.3 million for data breaches of online insurance quoting systems that New York... Read More
Samsung Ordered to Pay $118M for Infringing Netlist Patents November 26, 2024 A federal jury in Marshall, Texas, on Friday awarded computer memory company Netlist $118 million in damages from Samsung Electronics... Read More
Editor's Picks Allianz Offers 5 Loss Trends to Watch on the Liability Front November 26, 2024 As the costs of nuclear and thermonuclear verdicts explode in the U.S., organizations are examining ways to predict, prevent and... Read More
HDI Global Names Major Chief Claims Officer for UK and Ireland November 26, 2024 HDI Global added Tom Major as a chief claims officer. The appointment takes effect Feb. 7, 2025. Major will join... Read More
Editor's Picks AM Best Improves Outlook on US Personal Auto Segment to ‘Stable’ November 25, 2024 Insurance rating agency AM Best today said it has shifted its outlook of the U.S. personal auto insurance segment to... Read More
California Pledges EV Buyer Rebate If Trump Kills $7,500 Credit November 25, 2024 California Gov. Gavin Newsom is promising to step in with a state electric-car tax credit if US President-elect Donald Trump... Read More
Editor's Picks Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening November 25, 2024 Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk... Read More
AI & Technology Expert Viewpoints Bridging The Carrier-Restoration Knowledge Divide with Technology November 25, 2024 Insurance carriers and restoration teams face a cascade of challenges. The increasing frequency and severity of climate-induced catastrophes, such as... Read More
AAA: Thanksgiving Travel Expected to Exceed Pre-Pandemic Levels November 25, 2024 A projected 79.9 million U.S. travelers will head 50 miles or more from home over the Thanksgiving holiday travel period,... Read More
Gunmaker Sig Sauer Must Pay $11 Million Over Pistol That Fired Accidentally November 25, 2024 Gunmaker Sig Sauer Inc. was ordered by a Pennsylvania jury to pay $11 million to a customer who alleged defects... Read More