News
Cargo Theft Surges to Record Levels in 2024
2024 saw record-breaking cargo theft activity across the United States and Canada, with 3,625 reported incidents representing a 27 percent increase from 2023, according to global data analytics and ...
Los Angeles Wildfire Ash Might Contain Toxins, Experts Warn
Toni Boucher threw up the first time she saw the charred remains of her home and neighborhood after this month's deadly Los Angeles-area wildfires. Now she wonders if it's worth it to go back to sift ...
Wildfire-Risk Models Are Struggling to Predict LA-Style Fires
Among natural disasters, wildfires are the great unknown. Even the most-sophisticated scientific models fail to capture all the risk factors or properly account for the increasing impact of climate ...
‘Geoeconomic Fragmentation’ Challenges Insurers: Geneva Association
A January 2025 report from the Geneva Association, titled Insurance in a Fragmented World Economy, found that geopolitical tensions have driven the global economy toward "geoeconomic fragmentation." ...
Travelers Posts 28% Increase in Q4 Net Income
The Travelers Cos. said fourth-quarter 2024 and full-year net income increased 28 percent and 67 percent, respectively, on strong underlying underwriting results. Travelers posted fourth-quarter net ...
The Latest LA Wildfire Loss Estimates: Verisk’s Range Is $28B-$35B
The Extreme Event Solutions group at Verisk has estimated that insured industry losses to property for the Palisades and Eaton fires together will fall between $28 billion and $35 billion. Verisk's ...
More Than Half of Job Seekers Look for Change in Industry, Career Mobility
Gen Z and millennials lead U.S. job seekers eager to switch industries (56 percent) or functions (52 percent), highlighting a significant trend in career mobility, according to a recent Express ...
Southern California Wildfires Spark Interest in Natural Building Materials
Marialyce Pedersen stood in a white Tyvek suit on her Altadena, California, lot leveled by this month's wildfires. Her house was reduced to ash that spilled into the pool, turning the water a toxic ...