News
Global Insurance Prices Continue Moderating as Rates Decline in Most Regions: Marsh
Global commercial insurance rates increased by 1 percent on average in the first quarter of 2024, compared with a 2 percent increase in Q4 2023, according to the Global Insurance Market Index ...
EPA Designates PFAS Chemicals as Superfund Hazardous Substances
The U.S. Environmental Protection Agency on Friday designated a pair of widely used industrial chemicals as hazardous substances under the country's Superfund program, accelerating a crackdown on ...
Chamber of Commerce Sues to Block FTC’s Non-Compete Ban
Business groups led by the US Chamber of Commerce sued the Federal Trade Commission Wednesday seeking to block a rule finalized this week that would outlaw non-compete provisions that prohibit ...
Study: Hurricane Waves Hitting U.S. Grow By 20% Per Decade
The U.S., Mexico and countries in the Caribbean are being battered by hurricane-induced ocean waves that have grown in areal size by 80 percent over the past 40 years, a study released earlier this ...
Daylight Savings Time a Mixed Bag When It Comes to Safety
A study released earlier this month examining the correlation between daylight savings time and road safety found that "changing the clocks helps pedestrians but hurts motorists." Setting clocks ...
Injury Rates at SpaceX Exceed Industry Average for Second Year
Injury rates at SpaceX facilities continued to exceed an industry average in 2023, according to a Reuters review of safety data reported to U.S. regulators by the space venture controlled by ...
Once Praised, Settlement to Help BP Oil Spill Workers Leaves Most With Nearly Nothing
When a deadly explosion destroyed BP's Deepwater Horizon drilling rig in the Gulf of Mexico, 134 million gallons of crude erupted into the sea over the next three months — and tens of thousands of ...
Munich Re Specialty Launches FAIR Plan Commercial Wrap Product in California
Munich Re Specialty Insurance is launching a FAIR Plan Commercial Wrap, available to commercial insureds in California who seek comprehensive coverage in tandem with their FAIR Plan coverage. MRSI's ...