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AM Best: Social Inflation Drives Surge in Commercial Auto Liability Claims
According to recent report from AM Best, commercial auto liability insurance coverage has continued to bear the brunt of rising litigation costs, outpacing economic inflation. Social inflation has negatively affected commercial auto liability ultimate claim costs for several years, which …
POSTED OCTOBER 23, 2026 6:06 AM |
Viewpoint: Generational Shifts, Delayed Projects Are Shaping Builder’s Risk
Having spent more than 20 years in the industry, including a decade focusing on builder’s risk, I have seen the market shift numerous times over the years. In my opinion, here’s what lies behind the three biggest factors currently influencing …
POSTED OCTOBER 23, 2026 5:26 AM |
GM Targets ‘Eyes-Off’ Autonomous Driving for Pickups, SUVs
General Motors plans to offer “eyes-off” autonomous driving on its highest-selling, most profitable vehicles — big pickup trucks and SUVs — as it seeks fresh revenue streams from heavy technology investments. Last year, GM said it would offer autonomous highway …
POSTED OCTOBER 23, 2026 5:20 AM |
AI Agents’ Access to Personal Information Raises Privacy Concerns
Matt Robb wanted to sell his computer keyboard. So he made a listing on Facebook Marketplace — and, as an experiment late last month, he put Meta’s new artificial intelligence agent Muse in the driver’s seat. Muse got to work. …
POSTED OCTOBER 23, 2026 5:12 AM |
Pentagon Clears Wind Farms in Permitting Reform Push
The Trump administration is lifting a blockade that had stalled some wind farms in a bid to boost support for a bipartisan plan to speed construction of US energy and infrastructure projects. Marking the shift, the Pentagon on Thursday advanced …
POSTED OCTOBER 23, 2026 5:10 AM |
OSHA Proposes $648K in Fines for 6 Employers at New York Excavation Site
The Occupational Safety and Health Administration (OSHA) has cited six New York and New Jersey employers for serious safety violations involving excavation hazards at the construction site of a large mixed-use commercial building. OSHA has proposed a combined $648,094 in …
POSTED OCTOBER 23, 2026 5:00 AM |
Rhode Island Sues Meta Over Alleged Tolerance for Scam Advertising
Rhode Island sued Meta Platforms in state court on Thursday over the company’s alleged tolerance for widespread scam advertising on its Facebook, Instagram and WhatsApp platforms. The suit, filed by Rhode Island Attorney General Peter Neronha in Providence Superior Court, …
POSTED OCTOBER 23, 2026 5:00 AM |
Viewpoint: What a FAIR Plan Quote Does to a California Home Sale
Underwriters see the risk. Agents see the policy. I see what happens three weeks later, when a buyer sitting in escrow finds out what the house will actually cost to insure. I buy houses directly from owners across Los Angeles …
POSTED OCTOBER 23, 2026 5:00 AM |
Connecticut Reports Major Carriers Lowering Rates for Auto, Home Insurance
A number of major insurance carriers are lowering personal auto and homeowners insurance rates in Connecticut, according to a review of recent rate filings by the state’s insurance department . The Connecticut Insurance Department (CID) identified 19 personal auto insurance …
POSTED OCTOBER 23, 2026 5:00 AM |
Washington Updates Insurance Claims Handling Rules, Sets New Deadlines
New claims handling rules in Washington require insurers to follow updated rules that establish deadlines for responding to policyholders, conducting investigations, issuing denials and making payments. The rules, which took effect Oct. 18, require insurers to notify policyholders within 30 …
POSTED OCTOBER 23, 2026 5:00 AM |
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