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Today's Feature
Industry News
Reinsurance News (8/16/2023)
The property and casualty insurance equity analyst team at Bloomberg Intelligence has estimated that the insurance industry loss from the Maui wildfires will fall between $2.5 billion and $4.5 billion. Insurance Journal (8/15/2023)
Auto insurance shopping rates rose 12% year-over-year in the second quarter of 2023, according to a new TransUnion report. Reuters (8/14/2023)
Some U.S. insurers stand to benefit from the relaxing of a 31-year-old rule on reporting interest rate-related losses.
Reuters (8/10/2023)
A China-based tutoring company has agreed to settle a U.S. government agency's novel lawsuit claiming it used hiring software powered by artificial intelligence to illegally weed out older job applicants. Insurance Journal (8/14/2023)
Water infrastructure across the U.S. is vulnerable as climate change makes storms more unpredictable and destructive, flooding low-lying drinking water treatment plants and overwhelming coastal sewage systems. Rims Resources
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