State Farm has applied for large rate increases in California, a year after the carrier got rate approvals of 7% and 20%—adding fuel to a burning homeowners crisis in a state that’s seen an increasing number of carriers pullback or …
Hurricane Beryl churned toward Jamaica with violent winds, heavy rains and a life-threatening storm surge that could cause more than $1 billion in damage. Beryl’s winds roared at 145 miles (230 kilometers) per hour early Wednesday, making it a Category …
The U.S. auto safety regulator on Wednesday closed a recall query covering 420,072 Volkswagen vehicles after the automaker acted to fix a potential fuel leak. The recall covered certain VW Golf, Jetta and GTI models and the Audi A3 manufactured …
Gallagher Bassett acquired NetClaim from NAVEX. NetClaim provides first notice of loss and first report of injury services for risk management clients, insurance carriers and third-party administrators throughout the U.S. NetClaim will join Gallagher Bassett’s incident management team under the …
The Biden administration on Tuesday unveiled a long-awaited proposal that would require many U.S. employers to protect 36 million workers from extreme heat. The proposed rule from the U.S. Occupational Safety and Health Administration (OSHA), which enforces workplace safety laws, …
The auto insurance and repair industry must “adapt to new patterns and prepare for an unpredictable future,” according to the Crash Course Q2 2024 report released by CCC Intelligent Solutions Inc., a property/casualty insurance cloud platform provider. The latest report …
Arturo named Jordan Burke chief operating officer. Burke will oversee the optimization of Arturo’s internal processes. Burke was previously general manager of the software division at ABB Optical, an insurance verification, e-commerce, and business analytics firm. His prior roles include …
This has been a year of insurance sticker shock in the US. But the man who provides insurance to insurers thinks maybe the shock still isn’t enough to steer people away from risk in a changing climate. “There is not …
The rebound in US auto sales likely lost momentum last month as high prices, steep borrowing costs and cyberattacks that hobbled dealerships across the country weighed on deliveries. Vehicle sales will probably slow to an annualized rate of around 15.8 …
The digital and physical realms are converging in unprecedented ways, and nowhere is this more evident than in the metaverse. This virtual space, once reserved as the playground of gamers and tech enthusiasts, has evolved from a sci-fi concept to …