News
Don’t Expect the Same Raise You Got Last Year: Surveys
Companies are trimming their budgets for merit raises next year, a sign of belt-tightening that could surprise some employees who had enjoyed two straight years of ...
MGA Skyrisks Officially Launches With Investment, Capacity From Convex Group
Skyrisks Ltd., the London-based MGA and specialist in the advanced air mobility (AAM) sector, has officially launched with capacity and a cornerstone investment from ...
Progressive Nonrenews 100,000 Homeowner and Dwelling Fire Policies in Florida
Almost two years after Progressive Insurance announced it would stop renewing some homeowners policies in Florida, Flo and crew have dropped another 100,000 homeowner and ...
Consumer Product Injuries Continue to Rise After Low in 2020
Following the record low number of consumer product-related injuries reported in 2020 (an 18 percent decrease), injuries increased 6.8 percent in 2021 and 7.8 percent in 2022, according to the ...
North America Cargo Thefts Jump 57% in Q2 2023 Over Same Time Last Year
Shipment misdirection attacks are the top cause of a record increase in cargo theft in the second quarter of 2023, jumping 57 percent over the same period last year. There were 582 recorded cargo ...
FDA Considers Regulating Multibillion-Dollar Lab Test Industry
The Food and Drug Administration on Friday laid out a proposal to begin regulating laboratory medical tests, a multibillion-dollar industry that the agency says poses a growing risk to patients ...
Homeowners Unprepared for Non-Weather-Related Water Damage: Report
Homeowners lack preparedness for non-weather-related water damage, even though water damage ranks as the second most prevalent cause of insurance loss claims, according ...
A Hidden Climate Danger Threatens Coastal Communities With Toxic Chemicals
A little-known climate threat lurks under our feet: rising groundwater that could release toxic chemicals from more than 132,000 contaminated sites in coastal areas of ...
AXIS and Stone Point Credit Launch Monarch Point Re, Raising Over $400M of Capital
AXIS Capital Holdings Ltd., together with its direct and indirect subsidiaries and branches, announced that it has partnered with Stone Point Credit Adviser LLC to launch ...