State Farm’s auto underwriting loss widened to $4.4 billion in 2015 from $3.4 billion a year earlier, as claims costs rose.
Month: February 2016
Zika virus confirmed in nine pregnant travelers from the U.S.
Zika could cost Latin America and the Caribbean $3.5 billion in 2016 through lost travel and tourism, as well as economic and medical costs of the illness, according to an initial estimate the World Bank.
Why Google couldn’t ‘Compare’ with local agents
While it’s tempting to conclude that Google’s decision to pull the plug means that independent agents have “won the battle,” they have actually only won a skirmish.
70-foot high waves cause damage in Hawaii
Waves with up to 70-foot faces rolled into Oahu’s North Shore on Monday, forcing an hours-long closure of Kamehameha Highway and damaging homes. A High Surf Warning remains in effect through Friday.
Micro-drones to have their own rules of the road under FAA plan
The U.S. government wants to create a new category of “micro” drones that are built with materials that won’t harm people in a crash, opening the door for more widespread uses in crowded places and other sensitive locations.
Google to terminate Google Compare
The tech giant will cease operations for the Auto insurance comparison site on March 23.
Munich Re unit exits coverage of delinquent homes for U.S. banks
Munich Res American Modern Insurance Group is retreating from the business of providing protection to mortgage lenders on U.S. homes in which borrowers have lapsed on premiums.