Editor's Picks US Commercial Lines Survey Shows Aggregate Increase of 6.6% in Q4 March 8, 2024 U.S. commercial insurance prices increased 6.6% in the fourth quarter 2023, with “intriguing shifts” in some coverage areas, according to... Read More
UnitedHealth Outlines Timeline for Restoring Services After Hack March 8, 2024 UnitedHealth Group Inc. services are starting to be restored more than two weeks after a cyberattack on its Change Healthcare... Read More
Rite Aid Advisers Rake in Millions Through Bankruptcy; Opioid Victims Brace for Nothing March 8, 2024 Nancy Zailo is at the back of the line. She’s behind Jeffrey Stein, the Rite Aid Corp. chief executive collecting... Read More
Latest Data Show Continued Increase in Electric Vehicle Collision Claims March 8, 2024 The frequency of claims submitted for repairable electric vehicles rose to its highest level in 2023, ending the year at... Read More
Study of NHTSA Data Shows Rhode Island, Hawaii Among Top States With Most Fatal Speeding Crashes March 8, 2024 Rhode Island took the top spot in a new study of National Highway Traffic Safety Administration data on states with... Read More
Huge Texas Blaze Shows Power-Line Fires Are a Widespread Threat March 8, 2024 Massive wildfires sparked by power lines used to be a California problem, one many utility executives considered safely confined to... Read More
Sedgwick Nams Arick Managing Director, Global Risk Management March 8, 2024 Sedgwick named David Arick to the new role of managing director, global risk management. In his new role, Arick will... Read More
Editor's Picks From Idalia to Otis: The Hurricanes That Shaped 2023 and What’s Next March 8, 2024 We recently brought together thought leaders from across Moody’s to talk with the media at our 2023 Hurricane Season Recap... Read More
Xcel Says Its Equipment Likely Involved in Huge Texas Blaze March 7, 2024 Xcel Energy Inc. acknowledged that its equipment was likely involved in igniting the worst wildfire in Texas history. But the... Read More
AM Best Reports US P/C Industry Underwriting Loss Reaches 10-Year High March 7, 2024 Industry rating agency AM Best said the U.S. property/casualty industry’s underwriting loss for 2023 reached a 10-year high of $38... Read More