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INSURANCE NEWS
AM Best: Social Inflation Drives Surge in Commercial Auto Liability Claims
According to recent report from AM Best, commercial auto liability insurance coverage has continued to bear the brunt of rising litigation costs, outpacing economic inflation. Social inflation has negatively affected commercial auto liability ultimate claim costs for several years, which …
Viewpoint: Generational Shifts, Delayed Projects Are Shaping Builder’s Risk
Having spent more than 20 years in the industry, including a decade focusing on builder’s risk, I have seen the market shift numerous times over the years. In my opinion, here’s what lies behind the three biggest factors currently influencing …
GM Targets ‘Eyes-Off’ Autonomous Driving for Pickups, SUVs
General Motors plans to offer “eyes-off” autonomous driving on its highest-selling, most profitable vehicles — big pickup trucks and SUVs — as it seeks fresh revenue streams from heavy technology investments. Last year, GM said it would offer autonomous highway …
AI Agents’ Access to Personal Information Raises Privacy Concerns
Matt Robb wanted to sell his computer keyboard. So he made a listing on Facebook Marketplace — and, as an experiment late last month, he put Meta’s new artificial intelligence agent Muse in the driver’s seat. Muse got to work. …
Pentagon Clears Wind Farms in Permitting Reform Push
The Trump administration is lifting a blockade that had stalled some wind farms in a bid to boost support for a bipartisan plan to speed construction of US energy and infrastructure projects. Marking the shift, the Pentagon on Thursday advanced …
OSHA Proposes $648K in Fines for 6 Employers at New York Excavation Site
The Occupational Safety and Health Administration (OSHA) has cited six New York and New Jersey employers for serious safety violations involving excavation hazards at the construction site of a large mixed-use commercial building. OSHA has proposed a combined $648,094 in …
Delivery Robots Accused of Sharing Biometric Data Without Consent
The battle over Chicago’s food delivery robots has reached the courts, with two customers accusing the companies behind them of collecting their biometric data without consent. The men filed separate class-action lawsuits in Cook County court Oct. 9 against Coco …
FEMA Won’t Help Texas After July 2026 Floods
The Federal Emergency Management Agency has denied a request for federal aid to individuals needing help after the July 2026 floods in Texas, which swamped homes in Uvalde and damaged properties across Kerr County — in some cases for a …
Illinois Company Faces $380K Fine for Exposing Employees to Unprotected Trench
The U.S. Department of Labor has cited a Frankfort, Illinois-based utility construction company for repeatedly exposing employees to excavation safety hazards after federal investigators observed employees working in an unprotected trench. The department’s Occupational Safety and Health Administration initiated an …
Florida Commissioner Orders Unlicensed Home, Auto Warranty Firms to Cease Ops
Florida’s insurance commissioner has ordered a home warranty company and an auto warranty firm to cease operations after finding they were not fully licensed in the state. “These suspensions are the result of two market conduct examinations that found iDeal …
US Says Screwworm Spreads to Wildlife for First Time
New World screwworm has been found in an elk in Texas, marking the first confirmed case of the potentially deadly animal parasite in US wildlife. The pest, which infests livestock wounds, was detected in an elk on a game ranch …
Texas Camp Hit by Floods Must Have New Manager, Judge Says
Camp Mystic, the Texas girls camp where 28 people were killed in flash floods last summer, must have a new management team to replace the family blamed for the deaths and settle lawsuits filed against the company, a judge ruled. …
