News
Contractor Fraud Awareness Week Begins on May 20, Billions at Stake
There were 28 separate disaster events last year, totaling more than $93 billion in catastrophe losses. Upwards of 10 percent or $9.3 billion is lost to post-disaster fraud, according to the National ...
U.S. to Look at Other Bridges at Risk After Baltimore Collapse
The U.S. Coast Guard said it is evaluating whether other bridges nationwide are at risk after a cargo ship crashed into the Francis Scott Key Bridge in Baltimore in March, killing six people and ...
Rising Keyless Vehicle Thefts Prompt Safety Tips
They appear like ghosts in the night, standing outside your house, one holding up an antenna while the other crouches next to the car parked on the driveway. Within seconds, your car is gone, yet ...
IRC: Home Insurance Spend Tops Household Income Growth
According to the Insurance Research Council (IRC), the average homeowners insurance expenditure has become less affordable for U.S. consumers over time. Looking at the the years 2001 to 2021—the ...
FTC Noncompete Agreement Ban May Not Survive Courts but Some States Could Adopt
The Federal Trade Commission's recently approved ban on noncompete agreements likely won't survive court challenges, but that doesn't mean the ban won't become a model for a number of state ...
High Court: E-Scooter Rider Hit by Car Not Pedestrian, No PIP Benefits
A man injured when he was hit by a car while he was operating a low speed Segway electric scooter is not entitled to personal injury protection (PIP) benefits under New Jersey's no-fault auto ...
Swiss Re to Withdraw From Digital Insurer iptiQ, Reports Q1 Net Income of $1.1B
Swiss Re announced plans to withdraw from its digital B2B2C insurance business, iptiQ, following a strategic review. The iptiQ business lost $250 million in 2023, but the loss was projected to be ...
Exxon Is Hit With $726M Verdict Over Benzene and Cancer
A jury in Philadelphia found Exxon Mobil Corp. liable for $725.5 million in damages due a former mechanic who claimed its petroleum products exposed him to benzene that caused his cancer, according ...