News
NCCI: Complex Factors Influence Whether Wage Impacts TD Duration
A new study released by the National Council on Compensation Insurance (NCCI) indicates there are a number of factors, including age, that impact how long a worker ...
Container Ship Causes Baltimore Bridge Collapse
Baltimore's Francis Scott Key Bridge collapsed early on Tuesday after a container ship smashed into a pylon, sending eight people into frigid water below. A container ship named the Dali was sailing ...
California Doubles Water Allocation for Most Contractors After February Storms
State officials on Friday doubled the amount of water California agencies will get this year following some strong storms that increased the snowpack in the mountains. The State Water Project is a ...
Ahem. Results for the U.S. P/C Industry Improved ‘Slightly’ in 2023
A new report from AM Best reveals that the U.S. property/casualty industry recorded a $21.2 billion net underwriting loss in 2023, slightly improved from a $24.9 billion underwriting loss recorded in ...
Airbag Inflator Issue Prompts Chrysler to Recall Nearly 286,000 U.S. Vehicles
Chrysler is recalling nearly 286,000 vehicles in the United States over a manufacturing defect that might cause the side curtain airbag inflators to rupture, the National Highway Traffic Safety ...
CoreLogic: Mid-Month Hail Events Impact More Than 600K Homes
Several convective storms earlier this month spawned hail as large as softballs, causing damage to more than 600,000 homes across the Central U.S., according to a weather bulletin by Jon Schneyer, ...
Deadliest Landslide Memorial Opens on 10th Anniversary
The small community of Oso, Wash., on Friday inaugurated a memorial honoring the 43 people killed at the site 10 years ago in the deadliest landslide in U.S. history. Hundreds gathered there for a ...
Worst Is Over: Most of Casualty Reserve Hole May Be Filled, Analyst Says
Predictions that the property/casualty insurance industry is in the midst of repeating the type of loss reserving cycle that accompanied the hard market of the beginning year of this century may be ...