More than a quarter of rideshare drivers say that vehicle insurance is one of their biggest financial burdens, and 25% say insurance is too expensive. Those are among the results from a survey of Americans who drive for on-demand rideshare …
Vector Risk Solutions named Joshua Cruce chief strategy officer. Cruce will be responsible for driving the company’s strategic initiatives, and identifying new opportunities for growth. Cruce has a background in developing and implementing strategies across various sectors. He was previously …
Carmaker Stellantis said on Wednesday it is recalling 54,000 hybrid crossover SUVs worldwide because the brake pedal in the vehicles could disengage and stop working. The recall, the company said, includes some 2024 through 2025 model-year Alfa Romeo Tonale plug-in …
RTX agreed to pay nearly $950 million to resolve federal charges it defrauded the U.S. Department of Defense into overpaying for defense systems and bribed an official in Qatar to secure business from the Middle East country’s air force. The …
Although 2024 has seen significant global natural catastrophe activity, economic costs were slightly below average through the third quarter, according to Gallagher Re’s latest Nat Cat report. The total economic loss from natural perils in the first three quarters of …
Progressive Insurance will pay $500,000, the policy limits, to the family of a young woman killed in a 2019 boat crash involving Alex Murdaugh’s youngest son, essentially ending the family’s legal actions in the tragedy. Progressive, which insured the boat …
Insured industry losses to onshore property for Hurricane Milton will fall between $30 billion and $50 billion, according to an estimate out on Wednesday from Verisk. Moody’s RMS Event Response said earlier this week that total U.S. private market insured …
Johnson & Johnson must pay $15 million to a Connecticut man who alleges that he developed mesothelioma, a rare form of cancer, as a result of using the company’s talc powder for decades, a jury found on Tuesday. Plaintiff Evan …
Elon Musk promised to pump out robotaxis in high numbers when Tesla Inc. unveiled prototypes of its Cybercab last week. There’s a big problem with that: US rules won’t allow it. Automakers must secure permission from the National Highway Traffic …
What workplace frights keep small business owners up at night? It may sound like part of a Halloween ditty, but it’s at the heart of a series of questions the people at Pie Insurance thought would be a good to …