Industry News

School Bus Safety Heroes: When Students Save Lives

School Bus Safety Heroes: When Students Save Lives

Five middle school students in Mississippi prevented a potential tragedy by taking control of their school bus after their driver suffered an asthma attack and lost consciousness. The incident highlights important questions about emergency protocols and driver health screening in school transportation.

Marine Insurance Crisis Shows Data Risks for Drivers

Marine Insurance Crisis Shows Data Risks for Drivers

Recent marine insurance challenges in war-risk zones expose systemic data problems across the insurance industry, including delayed reporting and verification issues that could impact how auto insurers process claims and assess risk for everyday drivers.

2026 Natural Disasters Impact Auto Insurance Rates

2026 Natural Disasters Impact Auto Insurance Rates

First quarter 2026 natural disaster losses totaled $20 billion globally, staying below the 10-year average. US storms accounted for 79% of losses, potentially stabilizing auto insurance rates heading into peak storm season.

Marine Insurance Leader Joins Beazley

Marine Insurance Leader Joins Beazley

Specialty insurer Beazley has hired marine insurance veteran Sundeep Khera to head its Marine division. The appointment reflects growing innovation in marine and specialty insurance markets.

Shipping Disruptions Drive Up Auto Insurance Costs

Shipping Disruptions Drive Up Auto Insurance Costs

Reduced shipping traffic through the Strait of Hormuz due to Iran-US tensions is creating supply chain disruptions that could drive up auto insurance premiums. Only seven ships crossed the crucial waterway in 24 hours compared to normal traffic of 140 daily passages.