News
Cough Syrup Deaths Overseas Prompt U.S. Crackdown on Toxic Testing
The U.S. FDA is cracking down on lax testing practices by dozens of makers of healthcare products following hundreds of deaths overseas from contaminated cough syrups, a Reuters review of regulatory ...
Antarctica’s Shrinking Sea Ice Hits Record Low, Alarming Scientists
At its largest expanse this year, sea ice covered less than 17 million square kilometers (6.6 million square miles) of the Antarctic — an area that is 1 million square kilometers (almost 400,000 ...
Rising Claims Costs Limit U.S. P/C Profitability in 2023
While the profitability outlook for the U.S. P/C industry this year is mixed, Swiss Re predicts a stronger year in 2024, as premium increases and interest rates improve industry results. According to ...
Nearly Half of Organizations Seeking Cyber Insurance Amped Up Security to Qualify
Of the 50 percent of organizations that sought to purchase a cyber insurance policy, 28 percent made changes to reduce their premium, while 22 percent had to improve security to be eligible for it. ...
Poll: More Americans Blame Climate Change for Extreme Weather
Kathleen Maxwell has lived in Phoenix for more than 20 years, but this summer was the first time she felt fear, as daily high temperatures soared to 110 degrees or hotter and kept it up for a ...
James River Sells Individual Risk Workers Compensation Renewal Rights to Amynta Group
Bermuda-based James River Group Holdings Ltd. on Monday announced that some of its subsidiaries have entered into an agreement to sell the renewal rights to their Individual Risk Workers Compensation ...
Why Hurricane Costs Keep Rising Even as Building Codes Get Tougher
Despite efforts to reduce vulnerability to catastrophic weather events such as Hurricane Ian, rapid population growth and increased storm frequency have driven loss expectations even higher, ...
California Governor Vetoes Bill Banning Robotrucks Without Safety Drivers
California Governor Gavin Newsom late on Friday vetoed a bill to prevent heavy-duty driverless trucks from operating in the state, in a relief for companies developing autonomous technology to haul ...