U.S.
New Hampshire High Court Invalidates GEICO Underinsured Claim Provision
A claim provision requiring insureds to seek underinsured benefits from their auto insurer within three years of an accident is unenforceable in New Hampshire because it restricts the insureds' right ...
Fewer Worker Deaths Investigated by OSHA in FY 2024
The Occupational Safety and Health Administration said its enforcement has led to fewer workers dying. OSHA, a part of the Department of Labor, said it investigated 826 worker deaths in fiscal year ...
I’ve been in this industry long enough to know that a great year can also be a warning sign more...
Cyber Crime Climbs, 90% of Americans Have Been Targeted
A majority of Americans were targeted in a digital scam attempt in the last year, with 1 in 4 believing they fell victim to a scam, and 3 in 10 losing money to cyber crime., according to F-Secure's ...
Insurance Industry Labor Market Remains Stable: Report
A majority of carriers (86 percent) intend to increase or maintain their staff sizes in the next 12 months, according to Jacobson's Q3 2024 Insurance Labor Market Study. The Bureau of Labor ...
U.S. Inflation Rose Slightly in October
Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off after having slowed in September to their ...
Hurricanes Helene, Milton Pressure NFIP; Expected Loss Ratio 200%
The National Flood Insurance Program (NFIP) is expected to face total losses between $8.2-10.5 billion for 2024, leading to a loss ratio above 200 percent before accounting for loss adjustment ...
Four Arrested for Insurance Fraud in Fake Bear Attack
In an event that could be dubbed stranger than fiction, four California residents were arrested on charges of insurance fraud when they claimed fake bear attacks damaged their Rolls Royce. The ...
GM Recalls Pickups, SUVs Due to Risk of Rear Wheel Lock Up
General Motors is recalling nearly 462,000 pickup trucks and big SUVs with diesel engines because the rear wheels can lock up, increasing the risk of a crash. The recall in the U.S. covers certain ...