News
Report Finds 44% of U.S. Trucking Schools Don’t Comply With Government Rules
Nearly 44 percent of the 16,000 truck driving programs nationwide may be forced to close if they lose their students after a federal Transportation Department review found they may not be complying ...
Foundation Firmed: AM Best Switches View of U.S. Homeowners Insurers to Stable
Insurers of U.S. homes have improved rate adequacy and catastrophe risk management, modified coverage, and benefitted from a softening reinsurance market to earn a change in AM Best's outlook for the ...
Four States Receive Employer Road Safety Funding Totaling $1.3M
The National Safety Council has received four federal pass-through grants totaling nearly $1.3 million to help employers prevent roadway crashes, injuries, and fatalities through its Our Driving ...
Trump Administration Backs Bayer’s Bid to Curb Roundup Lawsuits
President Donald Trump's administration urged the U.S. Supreme Court on Monday to take up Bayer's bid to curtail thousands of lawsuits claiming its Roundup weedkiller causes cancer, pushing the ...
KCC Releases Latest Version of U.S. Winter Storm Model
Catastrophe modeler Karen Clark & Company (KCC) announced the release of the KCC U.S. Winter Storm Model Version 3.0. The latest model captures two types of winter storms: extratropical cyclones ...
OpenAI Says ChatGPT Not to Blame in Teen’s Death by Suicide
OpenAI defended itself against a lawsuit accusing ChatGPT of coaching a 16-year-old to kill himself, saying the chatbot directed the teenager to seek help more than 100 times. In a court filing ...
Litigation Finance Hits a Wall After Bets on Huge Gains Falter
Litigation finance is having a bad year. After predicting huge growth as recently as January 2024, the industry is now finding that hedge funds and other sources of capital are pulling back. The ...
How ‘Super Roofs’ Reward Insurers, Cat Bond Investors and Homeowners
As the Trump administration stalls federal funding for projects intended to make states more resilient to climate change and private insurers decline to cover properties in high-risk zones, North ...