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24 03, 2026

Alphabet’s Wing to Start Drone Delivery in San Francisco Bay Area

By | March 24th, 2026|Uncategorized|Comments Off on Alphabet’s Wing to Start Drone Delivery in San Francisco Bay Area

Alphabet-owned Wing plans to begin delivering packages by drone to homes in California’s San Francisco Bay Area in the coming months, it said on Monday, extending its rollout to one of its earliest testing grounds. Wing is seeking to scale …

24 03, 2026

Alphabet’s Wing to Start Drone Delivery in San Francisco Bay Area

By | March 24th, 2026|Uncategorized|Comments Off on Alphabet’s Wing to Start Drone Delivery in San Francisco Bay Area

Alphabet-owned Wing plans to begin delivering packages by drone to homes in California’s San Francisco Bay Area in the coming months, it said on Monday, extending its rollout to one of its earliest testing grounds. Wing is seeking to scale …

24 03, 2026

Swiss Re Says Wildfires, Storms, Floods Account for 92% of Global Insured Losses

By | March 24th, 2026|Uncategorized|Comments Off on Swiss Re Says Wildfires, Storms, Floods Account for 92% of Global Insured Losses

Wildfires, severe convective storms and floods — also known as secondary perils — accounted for a record 92% of total global natural catastrophe insured losses of US$107 billion in 2025, according to Swiss Re Institute. Wildfires set a new loss …

24 03, 2026

Hyundai Says Four More Injuries Tied to SUV Rear Power Seat Recall

By | March 24th, 2026|Uncategorized|Comments Off on Hyundai Says Four More Injuries Tied to SUV Rear Power Seat Recall

Hyundai Motor said it has reports of four minor injuries because rear power seats in new Palisade SUVs may trap a person as sales remained halted after an incident earlier this month in which a two-year-old girl was killed in …

24 03, 2026

Toyota to Invest Further $1 Billion to Boost Output at US Plants

By | March 24th, 2026|Uncategorized|Comments Off on Toyota to Invest Further $1 Billion to Boost Output at US Plants

Toyota Motor Corp. outlined plans to invest $1 billion to increase vehicle output at its plants in two states, the latest tranche of a broader spending commitment of as much as $10 billion in the U.S. over the next five …

24 03, 2026

NY Lawmakers Urged to Have Faith in Auto Insurance Reform Numbers. But Do They?

By | March 24th, 2026|Uncategorized|Comments Off on NY Lawmakers Urged to Have Faith in Auto Insurance Reform Numbers. But Do They?

New York small businesses, big businesses, rideshare companies, police and fire unions, insurers, insurance agents, truckers, bus companies, auto repair shops, university professors, district attorneys, mayors, immigrant and minority groups and others have come out in support of Gov. Kathy …

24 03, 2026

Berkshire Hathaway to Invest $1.8 Billion in Tokio Marine

By | March 24th, 2026|Uncategorized|Comments Off on Berkshire Hathaway to Invest $1.8 Billion in Tokio Marine

Berkshire Hathaway Inc. will invest 287.4 billion yen ($1.8 billion) in insurer Tokio Marine Holdings Inc., ramping up the U.S. conglomerate’s exposure to the Japanese market. National Indemnity Company, a subsidiary of Berkshire, will make a 2.49% strategic investment in …

24 03, 2026

Hyundai Recalling 58K Palisades in South Korea Due To Automatic Seat Problem

By | March 24th, 2026|Uncategorized|Comments Off on Hyundai Recalling 58K Palisades in South Korea Due To Automatic Seat Problem

South Korea’s transport ministry announced on Tuesday the recall of 58,000 Hyundai Motor Palisade hybrid sport utility vehicles nationwide over safety concerns, following a fatal accident in the United States earlier this month. Hyundai stopped sales of some high-end versions …

24 03, 2026

Trump’s Demand for Admissions Data Sends Wary Colleges Scrambling

By | March 24th, 2026|Uncategorized|Comments Off on Trump’s Demand for Admissions Data Sends Wary Colleges Scrambling

Colleges are racing to comply with President Donald Trump’s demand for sweeping admissions data and bracing for those records to fuel a new crackdown on campus diversity efforts. They face a Wednesday deadline to submit these documents, even as a …

24 03, 2026

Loss Trends Outpacing Pricing Assumptions: Other Liability Analysis

By | March 24th, 2026|Uncategorized|Comments Off on Loss Trends Outpacing Pricing Assumptions: Other Liability Analysis

The U.S. insurance industry saw $7.3 billion of adverse loss development in the other liability (occurrence) line during 2025, with more than half of the total coming from recent accident years, according to a new report. The report published by …