Government
NFIP to Begin Taking Monthly Flood Insurance Payments
The National Flood Insurance Program will soon start to accept monthly payments for flood insurance premiums, ending 55 years of requiring full payment upon application or renewal. The Federal ...
Hit by Helene? FEMA Extends Grace Period to Renew Lapsed Flood Policies
WASHINGTON (AP) — Residents in the states hit by Hurricane Helene who had coverage through the federal flood insurance program but let it lapse before the storm hit may be able to renew it and ...
U.S. Interest Rate Cut Builds ‘Greater Confidence’ About Inflation
The U.S. central bank on Wednesday kicked off an anticipated series of interest rate cuts with a larger-than-usual half-percentage-point reduction that Federal Reserve Chair Jerome Powell said was ...
Over 250,000 U.S. Properties Have Repeat NFIP Claims: Report
More than a quarter million U.S. properties have repeated claims for federal flood insurance, costing the National Flood Insurance Program billions of dollars in claims, according to new federal data ...
U.S. to Convene Global AI Safety Summit in November
The Biden administration plans to convene a global safety summit on artificial intelligence, it said on Wednesday, as Congress continues to struggle with regulating the technology. Commerce Secretary ...
California Legislation Brings Harsher Penalties for Smash-and-Grab Robberies
California Gov. Gavin Newsom signed a bill Thursday bringing back tough criminal penalties targeting large-scale stealing schemes and smash-and-grab robberies that have fueled voter frustration ...
Zurich, Marsh McLennan Call for Public Partnerships to Close Cyber Gaps
A new report from Marsh McLennan and Zurich titled "Closing the cyber risk protection gap" is calling for a closer collaboration between the insurance industry and the public sector as cyber ...
DEI Should Be Included in Workplace Injury Prevention Initiatives: Report
Although increases in regulations, innovative technologies, hazard assessments and other methods have improved workplace safety, research shows workers of color face more work-related injuries and ...