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Stories Tagged as

Insurance industry

Baltimore Bridge Collapse

Who will pay for the Key Bridge collapse?

by Sabri Ben-Achour
Apr 2, 2024
The Baltimore disaster may become the largest marine insurance loss ever. About 100 insurance companies are reportedly involved.
Roughly 100 insurance companies are involved in the Baltimore disaster, said Nadja Dreff with Morningstar.
Jim Watson/AFP via Getty Images
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Here's why your car insurance is more expensive these days

by Stephanie Hughes
Dec 13, 2023
Motor vehicle insurance costs are up 19.2% from last year.
An uptick in extreme weather, which can cause damage to vehicles, is one reason car insurance is getting more expensive.
David McNew/Getty Images
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The insurance industry is hiring

by Stephanie Hughes
May 5, 2023
Insurance is a growing field right now. Severe weather and widespread worry are among the reasons.
Adverse weather is one reason the insurance industry is booming. For instance, insurers need adjusters to examine the damage caused by floods and tornadoes.
Michael B. Thomas/Getty Images
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Prescribed burns need insurance. It's increasingly hard to get

by Ali Budner
Apr 26, 2023
Why companies that conduct controlled burns are having a harder time finding insurance policies willing to cover them.
Firefighters light a controlled burn during the Mosquito Fire in Foresthill, California.
Eric Thayer/Getty Images
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Regulators look at how "big data" may contribute to racial bias in insurance rates

by Harriet Jones
Nov 30, 2021
Some advocates say the industry needs to move more quickly to address the issue.
While many insurance companies leverage big data and artificial intelligence to calculate insurance rates, advocates say it can produce disparities between urban and suburban residents. Above, a suburban neighborhood in Richmond, California, viewed from an Amtrak train.
Joe Raedle via Getty Images
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How insuring ecosystems could help communities adapt to climate change

by Kai Ryssdal and Maria Hollenhorst
Dec 22, 2020
“We were trying to insure something that no one owns,” says Kathy Baughman McLeod, director of the Adrienne Arsht-Rockefeller Foundation Resilience Center.
Romeo Gacad/AFP via Getty Images
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Race and Economy

How the decline of Black-owned insurance firms widened the wealth gap

by Kai Ryssdal and Alli Fam
Jul 20, 2020
Many of the agencies survived the Great Depression but later died out. Their loss meant less money invested into Black communities.
Moyo Studios
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New survey shows the number of adults with no health insurance is on the rise

by Nancy Marshall-Genzer
Oct 20, 2017
Gallup is out with a new survey today. It shows a steady increase in the number of uninsured adults in the U.S. That’s in spite of a fairly healthy economy, and falling unemployment rate. So what’s going on?   Click the audio player above to hear the full story.
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It's deadline for health insurers. Will they stay in Obamacare exchanges in 2018?

by Dan Gorenstein
Sep 27, 2017
Today is the deadline for health insurers to fully commit — are they’re going to sell policies on the federal healthcare.gov exchange in 2018 or not? A number of insurance carriers have pulled out of several markets, saying they were losing too much money. Can insurers find their financial footing amidst so much uncertainty? Click […]
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The part of Obamacare even Republicans like

by Dan Gorenstein
Jul 24, 2017
The ACA's Innovation Center finds ways to slow spending while looking out for patients.
Ariel Fernandez, left, sits with Noel Nogues, an insurance adviser with UniVista Insurance company, as he signs up for the Affordable Care Act in 2015 in Miami.
Joe Raedle/Getty Images
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