News
What to Expect: 8 InsurTech Predictions for 2024
2023 has been a tough year for InsurTechs to raise the Venture Capital they need to grow. Investors turned their backs on whole categories like full-stack carriers and direct-to-consumer startups. ...
2022 Private Employer Workplace Injuries Increased 7.5% Over 2021
Private companies reported 2.8 million nonfatal workplace injuries and illnesses in 2022, up 7.5 percent from 2021, according to a new report released by the U.S. Bureau of Labor Statistics. The ...
Fire Risk Prompts Hyundai, Kia U.S. Recall of 6.4M Vehicles
U.S. auto safety regulators on Monday said they had opened a probe into 16 separate recalls issued by Hyundai and Kia covering 6.4 million vehicles relating to brake fluid leaks that could result in ...
Florida Lawsuit Blaming Tesla’s Autopilot for Driver Death Can Go to Trial
A jury should decide whether Tesla and Elon Musk oversold the capabilities of the electric car company's Autopilot system and caused the fatal crash of a software engineer who engaged it, took his ...
Reinsurers’ Earnings Rise on Lower Disaster Losses, Improved Investment Results: Fitch
Lower natural catastrophe losses, better investment results and strong revenue growth in property/casualty reinsurance led to strong earnings' increases for the four main European reinsurers in the ...
Reinsurers Cautious About U.S. Regional Property Cat as Storm Losses Rise: Gallagher Re
After a costly 2023 severe convective storm season in the U.S., reinsurers underwriting in the regional property-catastrophe market are skeptical about providing frequency cover, but their overall ...
FDA Screening Cinnamon Imports After Toxic Lead Sickens Kids
The U.S. Food and Drug Administration is screening imports of cinnamon from multiple countries for toxic lead contamination after growing reports of children who were sickened after eating pouches of ...
Cargo Theft Threat High Over the Holiday
The threat of cargo theft is extremely high this holiday season, with strategic and full truck theft at the top of the list, according to CargoNet. The national information system created by the ...