U.S.
Survey: Majority of CA/FL Homeowners See Rise in Insurance Costs, Coverage Changes
Nationwide, one-third of homeowners who lost insurance have moved or plan to move, but nearly the same share are staying in their home with little or no coverage, a new survey found. Nearly ...
Cat Losses Cause Travelers’ to Miss Q1 Profit Estimate
Travelers Companies missed first-quarter profit estimates on Wednesday as severe storms in the United States drove up its catastrophe losses, sending shares of the insurance bellwether down 8 percent ...
Electrical Issue Found in Ship That Caused Baltimore Bridge Collapse
Hours before leaving port, the massive container ship that caused the deadly collapse of a Baltimore bridge experienced apparent electrical problems, a person with knowledge of the situation told The ...
Zuckerberg Avoids Personal Liability in Meta Addiction Suits
Mark Zuckerberg won his bid to avoid personal liability in about two dozen lawsuits accusing Meta Platforms Inc. and other social media companies of addicting children to their products. U.S. ...
Former MLB Player Charged With Insurance Fraud in Florida
A former Major League Baseball player has been charged with insurance fraud, according to a release issued yesterday by Florida Chief Financial Officer Jimmy Patronis. Yuniesky Betancourt, a former ...
Boeing Claims No Cracks Found on Older 787 Jets Ahead of Whistleblower Testimony
Boeing said on Monday it has not found fatigue cracks on in-service 787 jets that have gone through heavy maintenance, as the planemaker defended the twin-aisle aircraft program ahead of a U.S. ...
Triple-I: Insurance Economic Drivers Outperform Overall U.S. GDP
The economic drivers of the U.S. property/casualty (P/C) insurance industry are growing faster than the nation's Gross Domestic Product (GDP) and are expected to gain further momentum in the event of ...
Study Examines Tornado Resilience as Climate Change Impacts Damage
A new study by Florida State University researchers examined demographics, infrastructure and more than seven decades of weather data to determine which places in Kentucky are most vulnerable to ...