News
First-Half 2025 Insured Losses From Natural Cats Hit $100B, Driven by U.S. Events
Global insured losses during the first half of this year were at least $100 billion, with more than 90 percent of that total – or approximately $92 billion – driven by wildfires and severe ...
Overexertion, Falls Top Causes of Workplace Injuries, Costs Near $60B Per Year: Liberty Mutual
Liberty Mutual's latest Workplace Safety Index has found that workplace accidents cost U.S. employers $58.7 billion annually, with the top 10 causes of injuries accounting for 86 percent of those ...
U.S. Auto Safety Nominee Says Active Oversight of Self-Driving Cars Needed
President Donald Trump's nominee to head the nation's auto safety regulator argued on Wednesday that the agency must actively oversee self-driving vehicle technology, a potential sign of a tougher ...
London Market Brokers, Associations Welcome Move to Create UK Captive Domicile
The UK Chancellor of the Exchequer Rachel Reeves announced that the UK will introduce a captive insurance company regime – a decision that was welcomed by brokers and trade associations across the ...
Report Shows Excessive Heat Pushes Worker Injury Risk Sky High
It may come as no surprise that heat-related worker injury claims rise on hot days, but the magnitude of the increase is an eye-opener. As temperatures skyrocketed during early summer heat waves ...
Geography and Driving Behavior Contribute to High Flood Death Rates in Texas
Even before the Central Texas floods that killed more than 100 people, the state was by far the leader in U.S. flood deaths due partly to geography that can funnel rainwater into deadly deluges, ...
OSHA Announces Penalty Reductions Can Be Offered to More Small Businesses
In an updated guidance that went into effect July 14, OSHA announced penalty reductions can apply to more employers. Penalty reductions of 70 percent that previously applied only to employers with 10 ...
States Sue Trump Administration for Cutting Disaster Prevention Grants
A group of 20 mostly Democrat-led U.S. states filed a lawsuit on Wednesday seeking to block the Trump administration from terminating a multibillion-dollar grant program that funds infrastructure ...