Commissions are more certain than insurance losses. Those were not exactly the words that a Progressive executive used when he described the work the insurer has been doing to help customers meet all their insurance needs—sometimes through the policies of …
Fitch Ratings said it expects underwriting results for U.S. personal auto insurer to continue to improve this year but the pace to profitability will vary. Auto insurers Progressive and GEICO were the only two of 10 publicly traded carriers analyzed …
A U.S. judge on Thursday will consider whether to dismiss X Corp’s lawsuit against a nonprofit that has criticized a rise in hate speech on the social media platform once known as Twitter since Elon Musk took it over. X …
Claims Journal, a Wells Media Company, has named Don Jergler as editor. He succeeds Jim Sams who retired in January. Jergler has covered the insurance industry for over 20 years and holds multiple nominations and an AZBEE award from the …
The US Department of Justice has initiated an antitrust investigation into UnitedHealth Group Inc., people familiar with the matter said Tuesday. The probe opens a new layer of scrutiny on the largest US health insurer that operates in pharmacy benefits, …
In a message posted to, and then quickly deleted from their darknet site, the hackers blamed for striking the UnitedHealth Group said on Wednesday they stole millions of sensitive records, including medical insurance and health data, from the company. In …
There were about 44,450 motor vehicle fatalities in the United States in 2023—down from 2022 but still very high—according to a preliminary analysis released by the National Safety Council (NSC). Fatalities were down 4% from 2022 but still up 13.6% …
The United States and the Philippines are the countries hit hardest by climate-driven extreme weather, measured as a percentage of their economies, according to a report released Wednesday by global reinsurance giant Swiss Re. The US currently experiences the worst …
The U.S. environment regulator said on Tuesday it is launching new cleanup projects at 25 hazardous waste sites from New Jersey to Oregon with $1 billion in funds. The sites are in the Environmental Protection Agency’s Superfund program, originally created …
Boeing must develop a comprehensive action plan to address “systemic quality-control issues” within 90 days, the U.S. Federal Aviation Administration said Wednesday, following an all-day meeting with the plane maker’s CEO Dave Calhoun the day before. “Boeing must commit to …
