News
P/C Insurance Execs, Underwriters Out of Sync on Advanced Tech
The traditional ways in which insurers underwrite risks are inadequate to accurately assess and price evolving risks associated with natural catastrophes and technological innovation, according to ...
Survey: Most Small Businesses Provide Regular Safety Training to Employees
A new report on small business owners' workers' compensation insurance-buying habits and risk exposures found that 95 percent offer regular safety training to their employees, according to The ...
Labor Organization Says Majority of Workers Around Globe at Risk Due to Climate Change
More than 70 percent of the global workforce is exposed to risks linked to climate change that cause hundreds of thousands of deaths each year, the International Labour Organization (ILO) said on ...
Biggest Gold Theft in Canada’s History Leads to 9 Arrests
Police said nine people are facing charges in what authorities are calling the biggest gold theft in Canadian history from Toronto's Pearson International airport a year ago. Peel Regional Police ...
Global Insured Natural Disaster Claims Again Dominated by Severe U.S. Storms: Gallagher
Global insured losses from natural catastrophes in the first quarter were estimated at $20 billion, with U.S. claims accounting for more than $15 billion, or 75 percent, of the first-quarter total, ...
Going, Going, Gone: ‘Disruption’ to Shrink Traditional Premiums for Auto
Before the end of the current decade, the personal auto industry is likely to see a peak—and then a subsequent lasting decline—in premiums for conventional auto coverage, consultants from ...
MGM Resorts Sues FTC to Stop Investigation of Casino Hack
MGM Resorts International sued the Federal Trade Commission to stop an investigation into how it dealt with a cybersecurity attack last year. The company said the investigation deprives it of its ...
States Sue to Block U.S. Rules Curbing Emissions in Cars, Light Trucks
Republican attorneys general from 25 states on Thursday sued the U.S. Environmental Protection Agency to block rules intended to reduce planet-warming emissions from cars and light trucks and ...