News
Radioactive Material Sites More Vulnerable to Climate Change-Related Risks
As Texas wildfires burned toward the nation's primary nuclear weapons facility, workers hurried to ensure nothing flammable was around buildings and storage areas. When the fires showed no sign of ...
U.S. Home Insurers Post Net Combined Ratio Over 110: S&P Global
The U.S. homeowners insurance segment posted its worst underwriting results in over a decade in 2023, according to an analysis by S&P Global Market Intelligence. The net combined ratio for the ...
Medical Professional Services Costs Increased Faster in States With No Fee Schedule
A recently released report comparing prices paid for medical professional services across 36 states from 2008 to 2023 found that states with no fee schedules for professional services had higher ...
Businesses Have Just 2 Years to Capitalize on Generative AI: Report
There's a mere two-year window to capitalize on the advantages of generative AI before competitive disadvantages emerge, according to a new joint research report titled "The Two-year Gen AI ...
EPA: Oft-Targeted Water Utilities Need to Do More to Thwart Cyber Attacks
Cyber attacks against water utilities across the country are becoming more frequent and more severe, the Environmental Protection Agency warned Monday as it issued an enforcement alert urging water ...
CIAB: Commercial P/C Premiums Increase 7.7% in Q1 2024
Overall commercial property/casualty premiums increased slightly for all account sizes to 7.7 percent on average in the first quarter of 2024. According to The Council of Insurance Agents and ...
Tokio Marine Forecasts ¥1 Trillion 2024 Profit; ‘Drastic’ Growth Ahead
In Japanese yen, the profit figure that Tokio Marine Holdings projects for 2024 is ¥1 trillion. While the forecast may seem less extraordinary in U.S. dollars of roughly $6.7 billion, either way ...
Spike in Cargo Thefts Expected This Memorial Day Weekend
Seeking to leverage extended business closures during the upcoming Memorial Day holiday, cargo thieves will be on the prowl. To assist supply chain professionals, CargoNet, a Verisk business, ...