News
California Bill Would Double Insurer Penalties for Unfair Claims Practices
A bill that promises legislative reform in California to speed up disaster recovery for homeowners and renters through improved insurance coverage and expanded consumer protections was introduced on ...
Insurance Costs, Climate Concerns Factor Heavily in U.S. Home Buying Decisions
Though nearly half of U.S. homeowners are considering a move, this year is expected to bring greater market stability, according to an inaugural report on homeownership trends by Kin. The ...
Mercedes Will Debut Autonomous Driving Tech on U.S. City Streets This Year
Mercedes-Benz said on Monday it will launch a new advanced driver-assistance system in the United States later this year that lets its vehicles operate autonomously on city streets under driver ...
Fire Safety Inspections Lapsed Years Before Swiss Bar’s Deadly New Year Blaze
Fire safety inspections hadn't been carried out since 2019 at the Swiss bar where a fire at a New Year's party left 40 people dead and over 100 injured, local authorities said Tuesday. Investigators ...
Executives on the Move at Liberty Mutual, Cowbell, W. R. Berkley
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed David Saillen as Chief Underwriting Officer Europe, effective immediately.
A Year Later, LA Wildfires Were ‘Significant Stress Event’ for Insurance: Morningstar
In a report one year on from the Los Angeles area wildfires in 2025, which started on Jan. 7, Morningstar DBS Research issued a perspective that called the fires "a significant stress event" for ...
High-Net-Worth Risk Appetite Drops as Some Regions Show Stabilization
Risk appetite among high-net-worth individuals has dropped sharply, according to a new high-net-worth outlook from HUB International. Per the report, only 25 percent of HNW individuals are willing to ...
Good Times for U.S. P/C Insurers May Not Last; Auto Challenges Ahead
In their latest report on the U.S. auto insurance market, analysts from S&P Global Market Intelligence predict the strongest overall U.S. property/casualty insurance underwriting results in 18 ...
First Atlantic Hurricane Forecast for 2026 Suggests Season Close to 30-Year Norm
Last month, Tropical Storm Risk issued its first prediction for the 2026 Atlantic Hurricane Season, with three intense and seven total hurricanes expected. The seasonal prediction, which also ...