Auto and property insurance shopping rose markedly in the third quarter of 2024, pushing carrier switches up 38% compared with last year, according to a report from TransUnion. Homeowners insurance shopping rose 19% and auto insurance shopping rose 16% respectively, …
After ditching two-thirds of its office space and selling its Chicago headquarters, Allstate Corp. realized that even employees who prefer working remotely still need a place to gather with their coworkers from time to time. In the coming months, a …
Meteorologists are forecasting a stormy pattern that could impact millions of people across U.S. this week with the threat of flooding, travel disruptions and the potential for the first accumulating snowfall of the season in some places. Flooding rainfall and …
Flood damage-related economic losses totaled USD $51.6 billion in 2023, but research shows protective measures can substantially reduce losses, according to Swiss Re Institute. As losses are expected to increase due to more intense weather events and continued urban sprawl, …
Mobile U.S. Inc.’s network was among those recently breached by Chinese hackers in an attack on multiple telecommunications companies. “T-Mobile is closely monitoring this industry-wide attack,” a company spokesperson said Saturday in an emailed statement. “We have not seen significant …
The U.S. auto safety regulator said on Monday it had initiated a recall query into about 112,567 Ford SUVs over an issue with seat belt retractors. The National Highway Traffic Safety Administration said it had received three complaints, alleging an …
Porsche Auto Insurance launched a new unlimited policy for owners of Porsche automobiles who drive more than 10,000 miles per year. The product is indended to complement to the original pay-per-mile policy offered by Porsche Auto Insurance by providing customers …
Gallagher Bassett named Irina Simpson executive vice presidents of workers’ compensation and Ajay Sinha was named managing director of captives. Simpson was previously chief claims officer and senior vice president at PMA companies. Sinha, who has been with Gallagher Bassett …
General Motors’ self-driving car unit, Cruise, admitted to submitting a false report to influence a federal investigation and will pay a $500,000 criminal fine as part of a deferred prosecution agreement, the Justice Department said. The department said Cruise failed …
Elon Musk is ramping up his feud with Sam Altman, alleging in a court filing that OpenAI is trying to corner the market for generative artificial intelligence and sacrificing safety in a race to get ahead. In a revised version …