News
Liberty Mutual Announces 850 Additional Layoffs
Boston-based global insurer Liberty Mutual has confirmed that it is laying off about 850 workers, or 2 percent of its workforce, in the U.S. The terminations will be felt in several departments this ...
Markel Leadership Changes, Sanders to Retire by 2024 Year End
Bryan Sanders, president of Markel's Specialty division, will retire by Dec. 31, 2024, according to an announcement made today by Markel Group Inc. In addition, effective Dec. 1, 2023, Sanders will ...
Pumpkin Carving Can Lead to Serious Hand Injuries
Carving pumpkins is a fall tradition for many, but as Halloween approaches, Dr. Ari Mayerfield, hand surgeon at the New York Group for Plastic Surgery, warns parents and children to use caution and ...
Companies to Be Held as Joint Employers of Contract, Franchise Workers Under U.S. Labor Rule
A U.S. labor board on Thursday issued a final rule making it easier for workers and unions to hold companies liable for labor law violations by their franchisees and contractors, reviving an ...
Scientists Don’t Know Why Otis Intensified to a Category 5 Hurricane so Quickly
Hurricane Otis turned from mild to monster in record time, and scientists are struggling to figure out how — and why they didn't see it coming. Usually reliable computer models and the forecasters ...
Agents Expect Looming Recession to Impact Insurance Demand: Report
Insurance agents believe an economic downturn is on the way, with nearly three-quarters of respondents to a recent survey by American Modern Insurance Group indicating they think the U.S. is likely ...
Auto Insurers’ Claims Satisfaction Scores Up Despite Long Repair Times; Amica Tops List
An auto parts shortage combined with longer cycle times for repairs has contributed to repairs taking an average of 23.1 days in 2023, up 6.2 days from 2022 and more than double the average repair ...
Stricter Building Codes=10X Reduction in So. Florida Home Hurricane Damage
Increasing climate risks, such as hurricanes and floods associated with rising sea levels, would seem to naturally drive down interest in coastal living, but new analysis from Moody's RMS indicates ...