News
Legislators Say Amazon Prime Day is a Major Cause of Injuries for Warehouse Workers
Amazon's popular Prime Day sales event has been "a major cause of injuries" for warehouse workers who pick and pack customer orders at the e-commerce giant's facilities across the United States, ...
The World’s Power Grids Are Failing as the Planet Warms
Under the blazing Adriatic sun, life almost stopped in Montenegro's capital Podgorica earlier this summer. Cars and buses were stuck in gridlock as traffic lights went out, the internet crashed, and ...
Hard Market Conditions Expected to Ease in 2025 as Claims Inflation Softens: Swiss Re
Hard market conditions in the global non-life insurance sector will continue this year but will begin to ease in 2025, as general inflation and claims inflation conditions soften, according to Swiss ...
California Insurance Commissioner Cuts Workers Comp Rate
A new and decreased rate for workers compensation insurance has been adopted in California, according to Insurance Commissioner Ricardo Lara. The action lowers the annual benchmark rate from $1.41 to ...
Baby Formula Maker Says Tornado-Damaged Warehouse Covered by PD, BI Insurance
Sales of Reckitt's Mead Johnson baby formula powder are likely to take a short-term hit after a tornado damaged a third-party warehouse in the United States, the British consumer goods company said ...
Coalition Asks FEMA to Consider Wildfire Smoke, Extreme Heat Eligible for Disaster Funds
A group of 14 attorneys general has formed a coalition to persuade the Federal Emergency Management Agency (FEMA) to initiate rulemaking to update its regulations to recognize extreme heat and ...
Condo Insurance Premium Hike Hot Button Issue in Some Legislative Races
Jillian Anderson planned to make fighting crime in Waikiki the top issue in her campaign for a seat in the Hawaii House of Representatives. Then came the letter from her condo association announcing ...
Fleming Files Lawsuit Against James River, Alleging Fraud During JRG Re Acquisition
Fleming Intermediate Holdings filed a lawsuit against James River Group Holdings Ltd., alleging it had been defrauded during its $300 million acquisition of JRG Reinsurance Co. Once the deal ...