News
Workers Compensation Continues to Lead P/C Industry With Strong Profits
Although economic uncertainty could affect insurers in the near to midterm, the workers compensation line continues to be a key driver of the profitability of the entire property/casualty insurance ...
Tokio Marine Weighs More Than $10 Billion of International M&A
Tokio Marine Holdings Inc., Japan's top property and casualty insurer, could spend more than $10 billion on acquisitions to boost its international business, according to Brad Irick, who co-heads the ...
Nearly All Drivers Experience Aggressive Driving: AAA
New research reveals that an alarming 96 percent of drivers admit to both driving aggressively and being on the receiving end, according to the AAA Foundation for Traffic Safety. The study found that ...
Mark Sanchez, Fox Sued After Violent Fight Over Parking Space
A 69-year-old truck driver who was seriously injured in a fight that prosecutors say was started by former NFL quarterback and sports analyst Mark Sanchez is suing Sanchez and his employer, Fox ...
Man Charged With ‘Maliciously’ Starting Massive LA Fire
Federal authorities arrested a 29-year-old man on charges that he intentionally started the blaze that days later became the Palisades Fire, which killed 12 people and destroyed thousands of homes in ...
Laws and Regs Already Protect Insureds From AI Missteps, Insurance Reps Say
Despite the rapid rise of artificial intelligence in the insurance sector, along with claims of widespread errors and even discrimination by algorithms, AI is becoming vital to the industry – but ...
Small Business Perceptions Differ on Tackling Workplace Safety: Survey
A new survey finds that small business employers and employees differ in their workplace safety priorities. Notable gaps in perception regarding training, communication and safety priorities were ...
Human Error Led to Extreme Athlete’s Death in Italy Paragliding Crash
The paragliding crash that killed extreme athlete Felix Baumgartner in July was caused by human error, an investigating prosecutor said Tuesday. Baumgartner, the first skydiver to fall faster than ...