News
New Specialty Insurer Says Collector Car Owners Are Being Overcharged
Classic and collector car insurer OpenRoad says that because standard auto insurers continue to recover from unprecedented losses experienced during COVID-19 due to spikes in catastrophic insurance ...
Southern U.S. Cleans Up After Tornadoes Swept Region
Cleanup was underway Monday after a strong storm system spawned hail, rain, high winds and tornadoes across the southern U.S. over the weekend, killing at least four people. As of Monday afternoon, ...
The War on Wildfires Is Going High-Tech
Last December, a farmer was burning dry grapevines in his vineyard in Deir Mar Moussa, a hill town a dozen miles east of Beirut known for its 18th century monastery and stands of pine forest. Usually ...
Loss-Free Property Cat Rates Fall 5-15% as Reinsurer Appetite Grows: Guy Carpenter
Global reinsurers' appetite rose for property catastrophe during the upcoming January renewals, which have seen risk-adjusted reinsurance rate reductions of 5-15 percent for loss-free accounts, ...
Inside Luxury Goods’ Broken Workplace Safety Audit System
LVMH-owned Dior's production arm in Italy, Manufactures Dior, relied on formal inspections to assess working and safety standards inside its supply chain last year. In some cases, such certifications ...
Agency Reminds Drivers Impairment Can Cost Lives This NYE
The National Safety Council (NSC) estimates 179 lives may be lost during the New Year's holiday driving period. In previous years, impaired driving representing 38 percent and 37 percent of these ...
Deadly Jet Crash in South Korea Marks Another Setback for Boeing
A machinists strike. Another safety problem involving its troubled top-selling airliner. A plunging stock price. 2024 was already a dispiriting year for Boeing, the American aviation giant. But when ...
Techno-Strain Latest Worker Malady: Study
Switching off from work is becoming more difficult as hyperconnectivity increases, according to a new study. Researchers from the University of Nottingham's Schools of Psychology and Medicine found ...