U.S.
AM Best Outlook of U.S. E&S Market Revised to ‘Positive’
Insurance industry rating agency AM Best has upped its view of the excess and surplus market as it continues to absorb business from the admitted market. AM Best changed its U.S. E&S outlook from ...
Mid-Market Businesses Ill-Prepared for Flood Risks, New Survey Finds
A new survey of insurance brokers by Chubb, a global P/C company, found that flood risk was not top of mind for U.S. mid-market companies, valued between $10 million and $1 billion. Nearly 85 percent ...
Study: Tall Trucks, SUVs Are 45% Deadlier to U.S. Pedestrians
Trucks and sport utility vehicles with hood heights greater than 40 inches are about 45 percent more likely to cause fatalities in pedestrian crashes than shorter vehicles with sloped hoods, ...
Joint Employer Rule Could Ease Unionization
A new federal rule that goes into effect next month could make it easier for millions of workers to form unions at big companies like McDonald's. But it's already facing significant pushback from ...
NOAA: U.S. Withstands Record 25 Disasters in 2023
A warm October coupled with drought conditions across the Lower Mississippi Valley dropped water levels to historic lows along parts of the Mississippi River last month, according to the latest ...
Special Report: Worker Injuries Soar at SpaceX
One windy night at Elon Musk's SpaceX facility in McGregor, Texas, Lonnie LeBlanc and his co-workers realized they had a problem. They needed to transport foam insulation to the rocket company's main ...
California Town Struggles to Rebuild Amid High Home Insurance Costs
Heidi Lange was among the first to rebuild after the deadliest wildfire in California history destroyed her home in 2018 along with much of the town of Paradise. After the fire, she got divorced, ...
Study Finds Large Pickup Trucks Fare Poorly in Rear Seat Safety
Four large pickup trucks fared poorly in protecting back seat passengers in tests measuring how those passengers fare in some crashes, the Insurance Institute for Highway Safety said on Tuesday. IIHS ...