News
AAA: 115M Americans Expected to Travel This Holiday Week
The American Automobile Association (AAA) estimates 115.2 million Americans will travel 50 miles or more from home over the 10-day year-end holiday travel period. This year's total number of domestic ...
U.S. Workplace Stress at All Time High
Stress at work has reached epidemic proportions and shows little decline in 2023, according to the American Psychological Association's "Work in America Survey: Workplaces as Engines of Psychological ...
Every insurer evaluating property risk today is running the same math: more perils, more models, more data sources, and not...
U.S. Judge: Twitter’s Failure to Pay Millions in Bonuses Violated Contract
Twitter violated contracts by failing to pay millions of dollars in bonuses that the social media company, now called X Corp, had promised its employees, a federal judge ruled on Friday. Mark ...
AM Best Revises James River Group Outlook to Negative
AM Best has revised the outlook for James River Group Holdings Ltd and most of its subsidiaries and has downgraded the credit ratings of JRG Reinsurance Company. The ratings agency has revised the ...
Title Insurer Reports Another Cybersecurity Event; Fitch Monitoring Ratings
Less than a month after New York insurance regulators said a title insurer would pay $1 million for violations of a cybersecurity regulation stemming from a 2019 breach, the holding company for the ...
California Commish Warns Insurers About Auto Insurance Consumer Complaints
California Insurance Commissioner Ricardo Lara issued an official notice to insurers regarding consumers who have been reporting issues obtaining auto insurance coverage. The California Department of ...
Aon-NFP Merger a Win-Win for Middle Market Segment, Aon Says
A merger between Aon and NFP will be a win-win for both brokers, creating a company that will be greater than the sum of its parts. While those weren't the exact words used by Aon's CEO Greg Case, ...
California Workers’ Comp Report Shows Written Premium Nearing Pre-Pandemic Levels
A new report from the Workers' Compensation Insurance Rating Bureau of California shows written premium in 2022 was 14 percent above the previous year. The WCIRB's Quarterly Experience Report is an ...