U.S.
P/C Insurers Face Challenging Claims Dynamics as Frequency, Severity Rise: Swiss Re
The property/casualty insurance industry is confronting challenging claims dynamics, with rising frequency and severity of claims despite decreases in economic inflation, according to Swiss Re. The ...
Adding Incentives Could Boost Employee Satisfaction With In-Person Work
Justin Ryan Horton has two jobs. When he's not working 24-hour shifts as a firefighter, the 22-year-old is working as an administrative assistant for a local community college from his home in ...
Report: Auto Insurance Shopping Cools
The quarterly, year-over-year U.S. auto insurance shopping growth rate declined to -1.2 percent in Q3 2023, down from a 5.2 percent increase in Q2 2023, as rate increases and tightening budgets ...
Impaired Driving During the Holidays Increases Chances of Road Fatalities
Alcohol, drugs and fatigue are major contributors to traffic fatalities during the holiday season, according to the National Road Safety Foundation. The holiday period from Thanksgiving through New ...
2022 Private Employer Workplace Injuries Increased 7.5% Over 2021
Private companies reported 2.8 million nonfatal workplace injuries and illnesses in 2022, up 7.5 percent from 2021, according to a new report released by the U.S. Bureau of Labor Statistics. The ...
Fire Risk Prompts Hyundai, Kia U.S. Recall of 6.4M Vehicles
U.S. auto safety regulators on Monday said they had opened a probe into 16 separate recalls issued by Hyundai and Kia covering 6.4 million vehicles relating to brake fluid leaks that could result in ...
Florida Lawsuit Blaming Tesla’s Autopilot for Driver Death Can Go to Trial
A jury should decide whether Tesla and Elon Musk oversold the capabilities of the electric car company's Autopilot system and caused the fatal crash of a software engineer who engaged it, took his ...
FDA Screening Cinnamon Imports After Toxic Lead Sickens Kids
The U.S. Food and Drug Administration is screening imports of cinnamon from multiple countries for toxic lead contamination after growing reports of children who were sickened after eating pouches of ...