Progressive’s Margins Leave Room for Tariff Impacts; Others Ready Too
With its 2024 combined ratio falling comfortably more than 7 points below a targeted level of 96, Progressive has room to deal with the impacts of tariffs on car repair and replacement costs, the chief...
View ArticleWildfire, Hurricane Rebuilding Efforts Impeded By Tariffs: APCIA
American Property Casualty Insurance Association issued a statement on behalf of P/C insurance company members on Tuesday, the day that 25 percent tariffs on most goods from Canada and Mexico took...
View ArticleTariffs Will Negatively Affect Insurance Industry, Says AM Best
Analysts at AM Best warned that the planned imposition of U.S. tariffs on imports from Canada and Mexico, along with increased tariffs on China, will have a negative effect on the insurance industry —...
View ArticleInvestigations to Legislation: Florida Lawmakers Weighing Insurance Industry...
Florida legislative leaders, facing increasing pressure from the public and the press, last week pledged to investigate property insurers’ financial structures. And bills filed before the 2025...
View ArticleContractors Insurance Alert: Construction Defect Lawsuits Rising
A new report identifying commercial litigation waves likely to pick up steam in 2025 highlights one particular theme that could further lengthen the tail of general liability claims for insurers...
View ArticleAutomakers, Tech Industry Urge Trump to Speed Self-Driving Car Deployment
Major automakers and tech groups on Tuesday called on the Trump administration to take steps to speed deployment of self-driving cars, citing a number of regulatory hurdles. The Alliance For Automotive...
View ArticleUS House Democrats Open Investigation Into Kennedy Bird Flu Response
Democrats on the U.S. House of Representatives oversight committee opened an investigation on Tuesday into health secretary Robert F. Kennedy Jr.’s handling of the federal response to bird flu,...
View ArticleJudge Won’t Force FEMA to Release Funds for Emergency Alert Upgrades
Last month, a federal judge declined to force the Trump administration to immediately reimburse dozens of public broadcasting stations for upgrades to the nation’s emergency alert system. The nonprofit...
View ArticleTrump’s Auto Tariffs to Cover Hundreds of Billions of Dollars of Vehicle,...
U.S. President Donald Trump’s 25 percent auto tariffs will cover hundreds of billions of dollars worth of imports of vehicles and auto parts imports annually, according to a Reuters analysis of tariff...
View ArticleCalifornia Bill Would Allow Workers to Refuse to Work in Unsafe Conditions
Employees in California who have “reasonable concerns about health and safety violations” would be allowed to refuse work while still receiving full pay, under legislation introduced in late February....
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