News
If U.S. Inflation Reflected Rising Home Insurance Costs, It’d Be Even Higher
If the rising price of homeowners insurance were factored into the U.S. Consumer Price Index — a key metric of inflation — it could have added 80 basis points, or about 0.8 percent, to last ...
USAA to Lay Off 220 Employees
USAA is laying off 220 employees in an effort to reprioritize positions amid changing business needs, the San Antonio-based insurer announced this week. This is the latest round of layoffs at USAA, ...
Risk Perception Drops After Hurricanes: Study
As time passes after hurricanes, new analysis by Stanford University researchers shows perception of personal risk, including the likelihood of injury and home damage, decline. The findings suggest ...
La Nina 60% Likely to Develop Between June-August
A U.S. government weather forecaster expects an about 60 percent chance of the La Nina weather pattern characterized by unusually cold temperatures in the Pacific Ocean emerging in the second half of ...
Ford Recall of 43,000 SUVs Due to Fire Risk Won’t Remedy Gas Leaks
Ford is recalling nearly 43,000 small SUVs because gasoline can leak from the fuel injectors onto hot engine surfaces, increasing the risk of fires. But the recall remedy does not include repairing ...
Travelers: Distracted Driving Incidents Continue to Rise
Common distractions that had declined have rebounded in recent years, according to the 2024 Travelers Risk Index, with some even surpassing pre-pandemic figures. Crashes and near misses related to ...
Survey: Recruiting, Benefit Costs Challenge Employers
Balancing costs with employee needs is the focus of employers when it comes employee benefits, according to the latest National Benefits Survey by Lockton Companies. With more than 1,600 employers ...
Novidea Secures Additional $30M, Bringing Total Series C to $80M
Novidea, a creator of a cloud-based, data-driven enterprise insurance management platform, announced it has raised an additional $30 million from HarbourVest Partners, bringing its total Series C ...