A slew of cities have sued Kia Corp. and Hyundai Motor Co., blaming the automakers for the uptick in joyriders stealing cars, causing property damage, and draining police resources.
Author: Annie George
Corvus and Core Specialty to Deliver Expansion of AI-Powered Excess Tech E&O and Cyber Product
Corvus Insurance announced today the launch of a new program with Core Specialty to support the expansion of the Excess Tech E&O and Cyber product with additional capacity.
Verisk Reimagines Insurance Product Innovation with New Rating Engine
Insurers can transform the complex process of developing new commercial lines products with the power and convenience of a new rating engine from Verisk.
Arch Insurance Buys Insurtech Thimble
Arch Insurance today announced it has acquired Thimble, a leading insurtech platform for small business customers and agents.
Triangle Companies Pay Hackers to Break into Their Networks
In the past 18 months, video game developer Epic Games has paid more than $3 million to hundreds of hackers online.
EPA Seeks to Boost EVs with New Limits on Tailpipe Emissions
The Biden administration is proposing new limits on vehicle tailpipe emissions in order to encourage automakers in the United States to generate two-thirds of their sales through electric vehicles within a decade.
Thieves Target Trucks for Catalytic Converters: Carfax Study
A new study by Carfax data scientists found that 153,000 catalytic converters were stolen across the country in 2022.
Dog-Related Injury Claim Payouts Exceeded $1 Billion in 2022: Triple-I
U.S. insurers paid out more than $1 billion in dog-related injury claims in 2022, a double-digit percentage increase over 2021 even though the number of claims decreased within that timeframe.
Tremor Launches Division to Address Residual Insurance Markets
Tremor Technologies, Inc., the leading online reinsurance pricing and placing platform, has announced the launch of Tremor Public™ to address residual insurance markets which are publicly funded insurers of “last resort”.
Study Says Climate Pattern Changes Could Push More Hurricanes Toward U.S. Coasts
Changes in air patterns as the world warms will likely push more and nastier hurricanes up against the east and Gulf coasts of the United States, particularly in Florida, according to a new study.