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Coaster Rider’s Death Puts Spotlight on Safety of Ever More Thrilling Rides
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Cyber Rates Are Down, Risks Are Up but Small Businesses Slow to Adopt
The commercial cyber insurance market is strong and growing, but small to midsize businesses may be falling behind as cybercriminals ramp up AI efforts. “Cyber threats are evolving faster than many businesses can adapt, creating significant financial and operational challenges,” …
California Hybrid Market Share Hits Record as EV Registrations Decline
Hybrid vehicles accounted for a record 22.8% of new vehicle registrations in California through the first nine months of the year, a new report shows. However, the Q3 2026 California Auto Outlook, published by Auto Outlook Inc. for the California …
KCC Says Isaias Insured Losses to Be $3 Billion; AM Best Calls Storm an Earnings Event
Catastrophe risk management firm Karen Clark & Co. (KCC) said privately insured losses from wind and storm surge during Hurricane Isaias will be about $3 billion, making the storm one of the most manageable for insurers in recent years. AM …
Appeals Court Blocks Class Actions Over Tesla’s Self-Driving Claims
A U.S. appeals court threw out on Friday an order allowing Tesla TSLA.O customers in California to pursue class action claims accusing the electric vehicle maker of misleading them about the capabilities of its full self-driving technology. In its ruling, …
Walter’s Insurers Skirted Capital Rules With ‘Rolling’ Loophole
On paper, it was supposed to be a six-month loan. In December 2018, one of sports mogul Mark Walter’s insurance companies sent $40 million to an undisclosed borrower. But rather than collect payment when the loan matured the following June, …
Tesla Launches Roadster at SpaceX Site in Latest Merger Hint
The electric vehicle performed a series of aerial stunts for a crowd of onlookers.
Adjuster Created Law Firm and Fake Claim to Defraud Insurer of $1M, Officials Charge
A former claims adjuster has been charged with defrauding the Pennsylvania insurer he worked for by taking payment of nearly $1 million for an accident claim under the guise that he was with a law firm representing the claimant. Pennsylvania …
Burned by Fire, Malibu’s Million-Dollar Mansions Face a New Threat: El Niño
Duke’s Malibu has endured one disaster after another. The famed restaurant perched over the Pacific narrowly survived last year’s Palisades Fire, though smoke left it badly damaged. Five weeks later, a mudslide forced it to close for 13 months. Last …
Report: 1 in 4 Taxis, Rideshare Vehicles Have Unfixed Recalls
More than one-in-four taxi and rideshare vehicles had at least one unfixed recall, according to an analysis across 16 major U.S. cities. That rate was higher than the one-in-five vehicles nationwide with an open recall, a CARFAX analysis shows. In …
