U.S.
Property Insurers’ Ratings Under Pressure as Risk Rises
The credit ratings of global property insurers are coming under pressure as rising reinsurance costs force them to cut back on cover and retain more risks themselves, DBRS Morningstar analysts said ...
Top 10 Most Recession-Proof States in 2023
Cold, upper Midwest states are the most capable of withstanding a potential recession later this year, according to a new report by NationalBusinessCapital.com, a fintech lending platform for ...
Some 2003 Ram Pickup Owners Urged Not to Drive Them After Another Airbag Inflator Death
Stellantis and the U.S. government are urging the owners of some 2003 Dodge Ram pickups to stop driving them after a passenger was killed by an exploding Takata airbag inflator. The company says ...
Farmers Insurance Further Reducing Florida Business
One month after it announced it would stop writing new homeowner policies in Florida, Farmers Insurance now says it plans to cut back further on its presence in the hurricane-prone state. The Florida ...
Despite More Miles Driven, Traffic Fatalities Dropped in Q1 2023
An estimated 9,330 people died in traffic crashes in the first three months of 2023, down 3.3 percent compared to the 9,645 estimated fatalities during the same time in 2022, according to the ...
Heavy Punitive Damages Called for in J&J Talc Trial
Lawyers for a California man who says he developed a rare cancer from exposure to asbestos in Johnson & Johnson's talc-based baby powder on Monday urged a jury to order the company to pay heavy ...
Survey: Success Awaits CPOs Embracing Digital Transformation to Focus on Operational Growth
The role of chief procurement officer (CPO) continues to face intense complexity as leaders navigate unprecedented levels of supply chain disruption coupled with procurement's increasing value ...
Organized Retail Crime Grows to a Multibillion-Dollar Problem
Top executives and major law enforcement agencies in the U.S. are fretting about organized crime rings targeting retailers' stores and trucks for goods they can resell online. Gangs of thieves ...