US Natural Gas Pipeline Accidents Pose Big, Unreported Climate Threat March 13, 2024 By Nichola Groom Last October, an Idaho farmer using a backhoe punched a hole into a 22-inch pipeline buried under a field, sending...
Cancer Clinics Face Cash Crunch After Hack Rocks US Health Care March 13, 2024 By John Tozzi, Ike Swetlitz and Riley Griffin Doctors across the US are stretching to keep their practices afloat as a debilitating cyberattack on a once little-known company...
Fifth Circuit Holding Addresses Scope of BI Coverage Under Cyber Policy March 12, 2024 By James Holbrook and Megan Zeller The Fifth Circuit added to the emerging body of case law addressing the recovery of business income losses in the...
Xcel Texas Wildfire Legal Reckoning to Take Years to Play Out March 11, 2024 By Mark Chediak and Rachel Graf Xcel Energy Inc. will likely be wrangling for years with the legal fallout from the wildfires burning through the Texas...
Fidelity Investigations: A Comprehensive Guide to Successful Claims Outcomes (Part 2) March 11, 2024 By Peter Fogarty, Natalie Lewis and Stephen O'Malley Editor’s note: This is the second of a two-part series. The first part of the story ran on Claims Journal...
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...
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...
From Idalia to Otis: The Hurricanes That Shaped 2023 and What’s Next March 8, 2024 By Julie Serakos We recently brought together thought leaders from across Moody’s to talk with the media at our 2023 Hurricane Season Recap...
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...
Washington Commissioner Wants Insurers to Modify Claims Process for Wildfire Victims March 7, 2024 Washington Insurance Commissioner Mike Kreidler on Wednesday sent a letter to insurers urging them to consider loosening personal property claim...