News
Fatal Crash Risk Higher for Teens Driving Older Vehicles: Study
A new study indicates that teens driving vehicles 6-15 years old had a 19 percent greater risk of driver death in fatal crashes, and driving vehicles older than 15 years had a 31 percent greater ...
9 of 10 Insurance Professionals Acknowledge Stress, Anxiety: Research
New research suggests the state of mental health within the insurance industry is dire. Widespread stress and anxiety were reported in survey conducted by AXIS Capital Holdings Limited in partnership ...
Few Options for Texas Lawmakers to Lower Homeowners Insurance Costs
Texas lawmakers hope to rein in homeowners' rising insurance bills even as they acknowledge there's only so much they can do to tackle costs. Legislators have advanced bills to limit how much ...
‘Don’t Get in My Way,’ the New Acting Head of FEMA Warns Staff
The new head of the federal agency tasked with responding to disasters across the country warned staff in a meeting Friday not to try to impede upcoming changes, saying that "I will run right over ...
Why Trump’s Plan to Stop Tallying Weather Losses Matters to the Insurance Industry
Extreme weather is an increasingly expensive problem in the U.S. Last year, fires, droughts and storms caused more than $182 billion in damages — but going forward, the federal government won't be ...
U.S. Labor Market Remains Resilient, But Employee Productivity Dropped in Q1
The number of Americans filing new applications for unemployment benefits fell sharply last week as the spring break-related boost from the prior week faded, suggesting the labor market continued to ...
Deadly April Rainfall, Catastrophic Flooding Across U.S. Intensified by Climate Change
Human-caused climate change intensified deadly rainfall in Arkansas, Kentucky, Tennessee and other states in early April and made those storms more likely to occur, according to an analysis released ...
Zurich Insurance P/C Revenue Rises in 1st Quarter; Targets Affirmed
Zurich Insurance reported higher first-quarter revenue and gross written premiums at its core property/casualty (P/C) business on Thursday, maintaining its targets despite instability in the crucial ...