News
Cayman Islands Approves 21 New International Insurance Licenses During H1
The Cayman Islands Monetary Authority (CIMA), which represents the international insurance industry in the British overseas territory, reported that licenses have been approved for 21 new ...
New Workers Comp Benchmarking Tool Will Lead to Refined Risk Analysis, Safer Workplaces
Member insurers in Pennsylvania have a new way to explore workers compensation data and benchmark their performance—without the burden of static reports or time-consuming manual comparisons. This ...
2025 Data Breaches Outpace Same Period Last Year: Report
New analysis indicates there were 1,732 publicly reported data compromises in the first half of 2025 in the U.S. — 5 percent ahead of 2024's pace, according to the Identity Theft Resource Center ...
Florida High-Tech 911 System Improves Response in Times of Weather Disasters
When an emergency happens in Collier County, Florida, the 911 calls go to one of the most high-tech communications centers in the U.S., where callers can send text and video from the scene to ...
Travelers Q2 Net Income Soars on Less Losses, Favorable Reserves
The Travelers Cos. increased second-quarter net income $975 million for a total of about $1.5 billion, and reversed an underwriting loss posted last year for the same period. Travelers' ...
Teen Suspected in Fireworks-Sparked Southern California Wildfire
A 13-year-old boy was arrested on suspicion of setting off fireworks that sparked a wildfire this week in coastal Southern California, forcing the evacuations of about a hundred canyon homes, ...
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 ...