News
Lloyd’s Has ‘Laser Focus’ on Oversight of Coverholders to Proactively Avoid Market Risk
Lloyd's has "a laser focus" on the oversight of delegated underwriting authorities to make sure these facilities do not drag down the market in the same way that poor management of managing general ...
What Consumers Think—and Who’s Shopping for Insurance
Tariffs. Economic volatility. Technology trends. Changing insurance market conditions. These are all having an impact on property/casualty insurers. But how are they impacting consumers? More ...
U.S. House Bill Reintroduced to Rid Federal Insurance Office of Subpoena Power
Rep. Scott Fitzgerald on May 15 reintroduced a bill to eliminate the subpoena power of the Federal Insurance Office (FIO). The Insurance Data Protection Act was first presented by Fitzgerald, R-Wis., ...
EPA to Rollback Limits on ‘Forever Chemicals’ in Drinking Water
The Environmental Protection Agency said Wednesday that it plans to weaken limits on some "forever chemicals" in drinking water that were finalized last year, while maintaining standards for two ...
FEMA Chief Says Agency Will Raise State Burden for Disasters to 50%
David Richardson, the new head of the Federal Emergency Management Agency, said on Thursday that states would in the future bear half the costs for responding to natural disasters, up from 25 percent ...
Insurance Pacesetters Creating New Skills, Career Pathways to Remain Relevant: Report
Innovative insurance companies stand out by reinventing themselves through advanced technology and analytics, according to a newly released study conducted by HR advisory firm The Josh Bersin ...
Workers Express Lower Tolerance for Toxic Environments
One week into a new job, Lisa Grouette discovered something missing come Sunday night: the sinking feeling of dread she used to experience before going to work every Monday. Groutte spent 10 years at ...
Report: California Workers Comp Combined Ratio Highest in 14 Years
Written premiums in California stabilized in 2022 through 2024 after the large swings during the pandemic, while the accident year combined ratio rose to the highest level in 14 years, a new report ...