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Waymo released a new fleet of driverless vehicles in L.A. on March 14, with some hailing the robotaxi service as revolutionary and others wary of dangers.
While the number of events was up, the total number of units recalled saw a 50% decrease compared with 2022, Sedgwick reports.
The California FAIR Plan faces $311 billion in potential losses, up from $50 billion six years ago.
Insurance technology news from Oneglobal, Earnix and more.
Officials report at least half of the buildings in one Indiana town were damaged by a tornado in last week's storms.
The proposal is part of California Insurance Commissioner Ricardo Lara's goal to enact insurance reform during 2024.
A potential TikTok ban in the U.S. could sever a vital communication tool used to reach young policyholders.
The 'policy' covers 57 ketchup-related perils, which nearly half of consumers report facing.
More than 400 property insurers received letters requesting data, which is due by June 6, 2024.
Affirmations accounted the majority of rating actions taken by AM Best in 2023.
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