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Analysis of 1.2 million workers compensation claims reveals the costliest claims are driven by the most common workplace accidents, according to Travelers 2024 Injury Impact Report. The data also shows first-year employees are still among those most...
Posted: Aug 06, 2024
The U.S. Commerce Department is expected to propose barring Chinese software in autonomous and connected vehicles in the coming weeks, according to sources briefed on the matter. The Biden administration plans to issue a proposed rule that would bar...
Posted: Aug 06, 2024
A woman in north Georgia has been charged with insurance fraud after she claimed that a “personal care device” caused injuries that cost as much as $350,000 to treat. Kamala Anderson, 45, of Snellville, was arrested last month after the &...
Posted: Aug 06, 2024
For decades, Georgia’s insurance industry has sought to eliminate the long-standing provision allowing trucking-accident plaintiffs to sue insurance companies directly. This was the single most important issue the industry wanted to see address...
Posted: Aug 06, 2024
The drunk driver who killed four people and injured nine more when he crashed his SUV into a Long Island nail salon was driving 78 mph (125 kph) at the time of the crash, prosecutors said Thursday as the driver …
Posted: Aug 06, 2024
Three suspects pleaded guilty to insurance fraud in May and June after investigations by Washington Insurance Commissioner Mike Kreidler’s Criminal Investigations Unit. The fraud cases included a suspect from Qatar who had been on a most wanted...
Posted: Aug 06, 2024
BenefitMall Appoints Bishop Benefits Sales Executive for Southern California BenefitMall hired Crystal Bishop as a benefits sales executive for Southern California. Bishop has more than 20 years of experience in the insurance industry. She most recen...
Posted: Aug 06, 2024
The Pennsylvania Supreme Court has agreed to hear an appeal from the family of a Philadelphia woman whose 2011 stabbing death was initially ruled a homicide before the medical examiner switched it to suicide after police objected. First-grade teacher...
Posted: Aug 06, 2024
AM Best reports that it has placed under review with developing implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Connecticut Attorneys Title Insurance Co. (CATIC) of Essex...
Posted: Aug 06, 2024
The Hull and Machinery insurance market has remained relatively static in the first half of 2024, according to analysts at Gallagher Specialty, who have also noted the looming possibility of a slight softening as the year goes on. The market has s...
Posted: Aug 06, 2024
This post is part of a series sponsored by TSIB. A Wrap-Up is an incredible tool that manages the risk presented by a construction project. This tool also returns a significant part of the project cost back to your bottom …
Posted: Aug 05, 2024
Riding the Insurance Roller Coaster Commercial Lines ClareCarroll1
Posted: Aug 05, 2024
The Illinois-based mutual seeks to fully automate its reinsurance management processes, to maximize efficiency and profitability, and mitigate costly claims leakage.
Posted: Aug 05, 2024
Addressing the third-largest cause of insurance losses, the new solution predicts the frequency and severity of non-weather water and freeze claims for every property in the country.
Posted: Aug 05, 2024
Ellis will be responsible for overseeing the company’s financial activities and will help guide One Inc’s future direction in collaboration with CEO Ian Drysdale.
Posted: Aug 05, 2024
Liberty Mutual's Doyle shares how access to real-time data is helping to enhance and expand risk control, and how pilots of new tech can improve ROI. The post
Posted: Aug 05, 2024
Hurricane Debby Makes Landfall in Florida With maximum winds of 80 mph, Hurricane Debby has made...
Posted: Aug 05, 2024
Travelers: Costliest Claims Driven by Most Common Workplace Accidents Analysis of 1.2 million workers...
Posted: Aug 05, 2024
Navigators & General is a brand of Zurich UK.
Posted: Aug 05, 2024
In a new report, Cake & Arrow delves into the core of the insurance industry's claims experience, highlighting the challenges and proposing CX solutions to transform these critical interactions into positive touchpoints with customers.
Posted: Aug 05, 2024
Insurance Business Magazine - US
Posted: Aug 05, 2024
Insurance Business Magazine - US
Posted: Aug 05, 2024
Auto Safety Agency Says 51M Airbag Inflators Still Pose Risk A U.S. regulator said on Wedne...
Posted: Aug 05, 2024
CarShield will pay $10 million to settle charges that its advertisements and telemarketing for its extended auto warranty plans are deceptive and misleading, the Federal Trade Commission said. Many customers found that repair claims were often not co...
Posted: Aug 05, 2024
A charter bus caught fire early Friday as it was transporting a professional baseball team from Iowa to a game in a Chicago suburb. Members of the Sioux City Explorers made it off the bus safely, although several lost their …
Posted: Aug 05, 2024
Powers Insurance & Risk Management Adds Gaglioti and Hester Powers Insurance & Risk Management, headquartered in St. Louis, hired Brittany Gaglioti as a commercial account manager and Contina Hester as a personal lines marketer. Gaglioti over...
Posted: Aug 05, 2024
Peel Hunt’s analysis of the Bermudian specialty reinsurance market for the first half of 2024 highlights a growing trend in cycle management, with re/insurers becoming more selective about where to expand their exposures and choosing to redu...
Posted: Aug 05, 2024
Posted: Aug 05, 2024
Posted: Aug 05, 2024
OKLAHOMA CITY (AP) — Tulsa officials announced the creation of a new commission to recommend how reparations can be made for a 1921 massacre that destroyed a thriving Black community in the city. The panel will review a 2023 report …
Posted: Aug 05, 2024
JACKSON, Miss. (AP) — Flooding left squishy, stinky messes in hundreds of homes in Mississippi’s capital city in 2020 — a recurring problem when heavy rains push the Pearl River over its banks. The U.S. Army Corps of Engineers says …
Posted: Aug 05, 2024
Texas lawmakers nearly three years ago promised changes to prevent the devastation from a deadly winter storm from happening again. But the damage caused by Hurricane Beryl last month shows that much remains the same, particularly when it comes to &#...
Posted: Aug 05, 2024
Hybrid insurer Hadron has announced that its UK business, Folgate Insurance Company Limited, will be rebranded as Hadron UK Insurance Company Limited (Hadron UK), alongside three key appointments. Hadron entered the UK market in February 2024 thro...
Posted: Aug 05, 2024
Global insurtech funding rebounded in Q2 2024, driven by larger deal sizes despite a decline in overall deal count, according to Gallagher Re's quarterly analysis. The post
Posted: Aug 05, 2024
Markel, the insurance operations within Markel Group Inc., has announced several key appointments to its Singapore and Hong Kong teams, strengthening its operations and underwriting capabilities in the Asia Pacific region. Alvernia Xu has been nam...
Posted: Aug 05, 2024
The U.S. Justice Department on Aug. 1 debuted its first-ever whistleblower program offering monetary awards to tipsters who report certain types of corporate misconduct, an effort designed to ratchet up the pressure on companies who face allegations...
Posted: Aug 05, 2024
The U.S. Justice Department on Aug. 1 debuted its first-ever whistleblower program offering monetary awards to tipsters who report certain types of corporate misconduct, an effort designed to ratchet up the pressure on companies who face allegations...
Posted: Aug 05, 2024
A worker who was fatally injured at Tampa International Airport last week was struck by a piece of heavy equipment that fell from a track, according to news reports. Authorities said Cesar Hernandez Donu, 29, of Seffner, Florida, was working …
Posted: Aug 05, 2024
Emerald Bay Risk Solutions, a cooperative underwriting carrier, has announced a strategic alliance with Curotech Specialty, a technology-driven managing general agent, to launch an excess and surplus commercial property programme. The programme is...
Posted: Aug 05, 2024
Firefighters have increased containment on the 627-square-mile Park Fire near Chico, California, which is now 34% contained. The fire, now the fourth largest wildfire in history, is 401,740 acres. It was 24% contained on Friday. It has destroyed 640...
Posted: Aug 05, 2024
EBM Insurance & Risk, an Australian privately owned insurance broker, has announced a strategic partnership with CyberCube, a provider of cyber risk analytics. Through this partnership, EBM will implement CyberCube’s Broking Manager and...
Posted: Aug 05, 2024