U.S.
AM Best: U.S. P/C Industry Suffered Second Straight Year of $20B+ Underwriting Losses in 2023
Unprofitable results in the U.S. private passenger auto and homeowners/farmowners market insurance segments led to a second straight year of net underwriting losses in the property/casualty industry ...
Proposed OSHA Rule Would Protect Workers From Extreme Heat
The Biden administration on Tuesday unveiled a long-awaited proposal that would require many U.S. employers to protect 36 million workers from extreme heat. The proposed rule from the U.S. ...
Workers Sue Disney, Say They Were Wrongly Induced to Move to Florida
Disney workers are suing their employer, claiming they were fraudulently induced to move from California to Florida to work in a new office campus only to have those plans later scrapped amid a fight ...
Triple-I: Legal Reforms Tamp Down Florida Home Insurance Rates in 2022, 2023
Home insurance premiums in Florida rose at a much lower rate than originally projected in 2022 (41 percent less) and 2023 (80 percent less), according to analysis by researchers at the Insurance ...
Airbag Sensor Issue Prompts VW Recall of 307,000 Vehicles
Volkswagen said on Wednesday it was recalling over 307,000 vehicles in North America due to a potential wiring fault that may deactivate front passenger air bags when the seat is occupied. The recall ...
Study Examines How Climate, Land Condition Impact Tornado Formation
Scientists are looking at the big picture of what causes severe storms and tornadoes -- and what dictates where they occur. Dan Chavas, an associate professor in the Department of Earth, Atmospheric, ...
Uber, Lyft Adopt Pay Standard for Massachusetts Drivers to End Contractor Suit
Uber Technologies and Lyft on Thursday agreed to adopt a $32.50 hourly minimum pay standard for Massachusetts drivers and pay $175 million to settle a lawsuit by the state's attorney general alleging ...
Devastating Midwest Storms Highlight Lack of Flood Insurance
Rick Satterwhite's house backs up to the Missouri River, but flood insurance hadn't really seemed necessary – until this week, when he had to pump water out of his basement after a round of ...