News
Property-Catastrophe Reinsurance Rates Drop by 5% at June Renewals: Howden Re
Property-catastrophe rates saw some moderating trends during the June 1 reinsurance renewals, with average risk-adjusted rates-on-line decreasing by 5 percent within a typical range of -7.5 percent ...
Mothers Reap Benefits of Record Part-Time Workforce Boom in U.S.
The number of Americans voluntarily working part time hit a record high this year, thanks in part to women — particularly mothers — benefiting from the pandemic-driven rise in flexible work ...
Nicotine-Like Chemicals in U.S. Vapes May Be More Potent Than Nicotine, FDA Says
Nicotine alternatives used in vapes being launched in the U.S. and abroad, such as 6-methyl nicotine, may be more potent and addictive than nicotine itself, though the scientific data remains ...
New Language in California Budget Seeks to Expedite Insurance Rate Filing Approvals
Insurers are praising new trailer bill language in the California budget that promises to expedite the home and auto insurance rate filing approval process. California Gov. Gavin Newsom first made ...
U.S. P/C Insurers Hit Record Investment Income in 2023
The U.S. property/casualty insurance segment's net investment income hit a record $73.9 billion in 2023, bolstered by the higher interest rate environment, according to a new AM Best report. The ...
Poll: Recent College Grads in High Demand at U.S. Businesses
American employers continue to show interest in hiring college graduates with more than half (55 percent) planning to hire recent alumni, a positive trend over the past few years, aside from a dip in ...
Owners of Older Nissans Warned to Stop Using Cars Over Airbag Concerns
Owners of nearly 84,000 older Nissan vehicles in the United States equipped with recalled, unrepaired Takata airbags should immediately stop driving them due to a safety hazard, the U.S. National ...
U.S. Intelligence Agencies’ Embrace of Generative AI Is Wary and Urgent
Long before generative AI's boom, a Silicon Valley firm contracted to collect and analyze non-classified data on illicit Chinese fentanyl trafficking made a compelling case for its embrace by U.S. ...