Liberty Mutual Records $219M Q3 Net Income
Liberty Mutual Holding Co. reported third-quarter net income of $219 million, reversing a loss of $353 million a year ago during the same time.
News
Judge Says Hair Relaxer Claims Against L’Oreal, Revlon Can Proceed
A federal judge on Monday allowed the majority of claims to move forward in sprawling litigation that claims chemical hair relaxer products made by L'Oreal USA, Revlon and ...
Two-Thirds of North America Could Face Power Shortages This Winter
More than half of the U.S. and parts of Canada, home to around 180 million people, could fall short of electricity during extreme cold again this winter due to lacking natural ...
AM Best Outlook of U.S. E&S Market Revised to ‘Positive’
Insurance industry rating agency AM Best has upped its view of the excess and surplus market as it continues to absorb business from the admitted market. AM Best changed its U.S. E&S outlook from ...
Mid-Market Businesses Ill-Prepared for Flood Risks, New Survey Finds
A new survey of insurance brokers by Chubb, a global P/C company, found that flood risk was not top of mind for U.S. mid-market companies, valued between $10 million and $1 billion. Nearly 85 percent ...
Study: Tall Trucks, SUVs Are 45% Deadlier to U.S. Pedestrians
Trucks and sport utility vehicles with hood heights greater than 40 inches are about 45 percent more likely to cause fatalities in pedestrian crashes than shorter vehicles with sloped hoods, ...
Joint Employer Rule Could Ease Unionization
A new federal rule that goes into effect next month could make it easier for millions of workers to form unions at big companies like McDonald's. But it's already facing significant pushback from ...
Dash Cams in Fleet Vehicles Key to Avoiding Nuclear Verdicts, Risk Managers Say
Cameras. One showing the driver and another facing forward.
Those can be the keys to avoiding nuclear verdicts after auto and truck ...
Cyber ‘Catastrophe Bonds’ Move Step Closer to Hitting Public Debt Markets
Cyber catastrophe bonds may be about to move out of the shadows of private deal-making and into the public debt markets.
So-called cat ...