Posts by Y@DminG

President Donald Trump’s choice to lead the nation’s top car safety regulator pledged to prioritize safety while at the same time making it easier for automakers to deploy-self driving cars. Jonathan Morrison, who was nominated by Trump on February 11 … Source: Claims Journal

Global insured losses during the first half of this year were at least $100 billion, and more than 90% of that total was driven by wildfires and severe convective storms in the U.S., anew report from Aon shows. Accordign to … Source: Claims Journal

The catastrophic floods in central Texas on July 4 occurred in an area where fewer than 3% of homeowners have flood insurance through the National Flood Insurance Program, serving as another example of why Texas has one of the highest … Source: Claims Journal

Collaboration between the public and private sectors, beyond just insurance, is essential to narrowing the so-called protection gap, as losses from natural disasters increase, said the head of a global insurance supervisors’ group. The protection gap refers to the difference … Source: Claims Journal

Ford Motor Co. is recalling almost 700,000 vehicles to address a long-running issue over cracking in an auto part that can leak fuel into the engine and cause fires. The action applies to certain Bronco Sport and Escape models from … Source: Claims Journal

Colorado State University’s hurricane research team, perhaps the best-known and most-often quoted forecasting service, last week revised its prediction for the 2025 Atlantic hurricane season downward slightly – to eight hurricanes, three of them major. That’s almost in line with … Source: Claims Journal

President Donald Trump plans to deliver a major address on artificial intelligence next week to outline his vision for ensuring American dominance in AI, marking his biggest statement on an emerging technology at the heart of the U.S.-China rivalry. Trump … Source: Claims Journal

General Motors said on Tuesday it will move production of the Cadillac Escalade to a Michigan assembly plant, while adding new capacity for gas-powered Chevrolet Silverado and GMC Sierra light-duty pickups at the same facility. The production shifts are part … Source: Claims Journal

The best way to tell that the California homeowners insurance market has been a bear is to see where buyers facing higher rates and lack of options in traditional markets are going for alternatives. One choice is the surplus lines … Source: Claims Journal

The European Union has finalized a second list of countermeasures to target U.S. goods worth €72 billion ($84 billion), including Boeing Co. aircraft, automobiles and bourbon if it decides to retaliate against Donald Trump’s tariff policy. Trump on Monday said … Source: Claims Journal