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UK Stands to Lose 8 Million Jobs From AI, Analysis Warns
As many as 8 million UK workers are at risk of losing their jobs to artificial intelligence with current government policy, the Institute for Public Policy Research warned. AI already impacts 11 ...
Gen Z’s Financial Goals Align With Traditional Benefits
New research from The Standard has revealed Gen Z's goals and values generally align with many of the benefits typically offered by employers. In its latest study, the perception of HR leaders' ...
Tesla Shares Rise as U.S. Customers Offered Full Self-Driving Software Trial
Shares of Tesla rose about 4 percent on Tuesday after CEO Elon Musk said the electric carmaker will offer U.S. customers a free trial of its driver-assist technology for a month. Musk has long touted ...
Florida Insurers Post a Profit for First Time in 7 Years
Florida insurance companies made money last year for the first time in seven years, thanks to investment income and a mild hurricane season, according to an analysis conducted by S&P Global ...
Bridge Collapse Will Add to Reinsurance Challenges: AM Best
"Reinsurers will bear the bulk of the insured cost of the collapse of the Francis Scott Key Bridge in Baltimore," said Mathilde Jakobsen, senior director, analytics, AM Best, in a statement. Jakobsen ...
Global Insured Nat Cat Losses Top $100B for Fourth Straight Year: Swiss Re
Global insured losses from natural catastrophes in 2023 exceeded $100 billion for the fourth consecutive year — an indication of the new norm for nat cat losses, according to Swiss Re. Other ...
CCC: Vehicle Complexity, Rising Labor Costs, Shortages Pressure Carriers
Despite safer vehicles on the road with technology that aids in avoiding crashes, the advanced technology is contributing to costlier repairs, higher claims costs and longer cycle times, according to ...
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 remains on workers compensation ...