Economy

New York Governor Kathy Hochul proposed measures to stabilize the city's taxi and rideshare insurance industry, which is reeling from the insolvency of its largest provider American Transit Insurance Co.

It's not an unthinkable notion. There have been a handful of attempts at systematically moving populations away from regions severely affected by climate change.

Lithium batteries from Tesla Inc., along with those from other carmakers, have added to the mix of toxic materials requiring specialized removal in the wake of the fires, delaying the fire victims' return to their properties.

Insights from VIU by HUB, Jerry and J.D. Power.

Gov. Gavin Newsom modeled his latest order on a similar ban imposed in Hawaii following the 2023 Maui wildfire that aimed to protect community wealth.

The divergence between improved safety statistics and escalating liability claims reflects a complex trucking industry landscape.

IIHS research reveals vehicle height increases injury risk severity from higher crash speeds.

Deere & Co., which has already introduced driverless plows to farm fields in the Midwest, now wants to bring autonomous machines to orchards, quarries and grassy lawns.

Digital Insurance spoke with Mark de Waal, head of premium audit at Davies, about how premium audit technology is being updated to better serve small businesses' changing risks.

New York City kicked off the first congestion pricing program in the U.S.

Alla Reznik, a cybersecurity technology expert at Verizon Business, spoke about measures and services small businesses can use to reduce their risks.

While insurers can't rebuild the grid, they are uniquely positioned to play an important role in mitigating these risks.

Carol Laufer, North American Head of Liability at Allianz Commercial focuses on three major risks that have affected the insurance industry and three to watch in 2025.

New York is considering asking property and casualty insurers to cover the claims of insolvent taxi insurer American Transit Insurance Co., according to people familiar with the plans.

Clean energy transition to continue despite likely policy changes under new administration.

Companies should adopt a privacy-first approach to biometric authentication.

Top insurance companies suffered $10.6 billion of climate-attributed losses last year, according to Insure Our Future.

Sertis, a MGA in the multi-family insurance market, uses a proprietary risk assessment technology.

The primary point of impact correlates to the claims severity for EV and ICE vehicles, according to Mitchell's 2024 EV Collision Insights report.

Keynova's 2024 Small Commercial Insurance Scorecard evaluates the top 10 small commercial insurance carriers in the U.S. The Hartford continues to be first in digital customer experience.