News
NCCI Offers Labor Market Insights
NCCI analyzed BLS employment data and offers the following observations from Stephen Cooper, Executive Director and Senior Economist: Another disappointing jobs report revealed employment growth of ...
Exclusive: Applied System Acquires AI-Enabled Risk Digitalization Firm Cytora
Applied Systems announced the acquisition of Cytora, a digital risk processing platform for the insurance industry, in an effort to accelerate connecting the dots within the insurance ecosystem, ...
Two Upgrades and a Downgrade: Rating Actions on CinFin, Next, Erie
Actions announced by credit rating agencies early this month included Fitch's upgrade of Cincinnati Financial Corporation's ratings, AM Best's upgrade of Next Insurance US and downgrade of Erie ...
Tornadoes Considered Scariest Natural Disaster: Survey
New research suggests Americans consider tornadoes to be the scariest of all natural disasters. Conducted by Talker Research and commissioned by MasterLock, the survey of 2,500 Americans split evenly ...
‘Urgent Action’ Needed to Protect Workers From Rising Temperatures
Governments and employers should take urgent action to help protect the health of workers who are increasingly exposed to extreme heat, the United Nations said on Friday. Climate change is making ...
Liability Waiver Won’t Shield Vail Resorts From $21M Ski Lift Fall Verdict
A $21 million jury verdict against Vail Resorts for a paralyzing ski lift fall shows that liability waivers — those documents often written in legalese that people must sign before taking part in ...
Ryan Specialty Launches New Sidecar to Support Its Delegated Underwriting
Ryan Specialty has formed a new collateralized reinsurance vehicle called Ryan Alternative Capital Re Ltd. (RAC Re). RAC Re will deliver additional capacity to Ryan Specialty Underwriting Managers' ...
NOAA’s Flood Inundation Mapping Tool Now Covers 60% of U.S.
The National Weather Service (NWS) recently announced that the experimental Flood Inundation Mapping (FIM) tool has expanded to serve 60 percent of the U.S. population, up from 30 percent the ...