News
FEMA Chief Says Agency Will Raise State Burden for Disasters to 50%
David Richardson, the new head of the Federal Emergency Management Agency, said on Thursday that states would in the future bear half the costs for responding to natural disasters, up from 25 percent ...
Insurance Pacesetters Creating New Skills, Career Pathways to Remain Relevant: Report
Innovative insurance companies stand out by reinventing themselves through advanced technology and analytics, according to a newly released study conducted by HR advisory firm The Josh Bersin ...
Workers Express Lower Tolerance for Toxic Environments
One week into a new job, Lisa Grouette discovered something missing come Sunday night: the sinking feeling of dread she used to experience before going to work every Monday. Groutte spent 10 years at ...
Report: California Workers Comp Combined Ratio Highest in 14 Years
Written premiums in California stabilized in 2022 through 2024 after the large swings during the pandemic, while the accident year combined ratio rose to the highest level in 14 years, a new report ...
New Jersey Announces $450M PFAS Settlement With 3M Days Before Trial
New Jersey officials announced a landmark settlement of up to $450 million with 3M Company to resolve the state's lawsuits and address damage to the state's water and other natural resources from ...
Zurich NA Names New U.S. National Accounts, Underwriting Leaders
Zurich North America announced key leadership changes in connection with the impending retirement of Paul Lavelle, previously head of U.S. National Accounts. Heather Fox moves into that role, leading ...
Former XL CEO McGavick Returns to Insurance With AI Firm Mea Platform
Mike McGavick is returning to the insurance world as a strategic advisor and board chairman of Mea Platform, an artificial intelligence firm focusing on transactions and operations for carriers, ...
45.1M Americans Expected to Travel Domestically Over Memorial Day Weekend
Road trips are expected to set a new record this Memorial Day holiday weekend. AAA projects 39.4 million people will travel by car over Memorial Day weekend, an additional one million travelers ...