Regulators are intensifying efforts to mitigate silica dust exposure, leading to significant fines and actions to prevent lung injuries in industries like stone fabrication and countertop manufacturing.
Hawkins Inc. of Iowa will pay $51,158 in penalties and provide emergency response equipment after the EPA found violations of hazardous waste management regulations under the Resource Conservation and Recovery Act.
U.S. commercial insurance rates rose by 5.9% in Q2 2024, with notable hikes in excess liability and commercial auto, while workers’ comp, cyber, and D&O liability saw price decreases.
A 30-hour iPipeline outage over Labor Day weekend disrupted new business operations for Life & Annuity carriers, underscoring the evolving risks in third-party technology reliance.
The Global Innovation Awards finalists highlight how AI and predictive technologies are transforming the insurance industry, from preventing accidents and fires to improving health outcomes and tackling global climate challenges.
As climate risks rise, insurers are turning to high-precision data tools to analyze flood risks more accurately and profitably write flood coverage in challenging areas.
As severe weather events grow more frequent, business owners are worried about inadequate insurance coverage. Gallagher reports many are investing in resilience strategies to lower risk and cut future costs.
Tropical Storm Francine is forecast to strengthen into a hurricane before making landfall along the Gulf Coast, bringing dangerous storm surge, heavy rain, and potential flooding to parts of Louisiana and Texas by midweek.
A professional soccer player’s workers’ compensation claim was revived after a court ruled her right knee injury could be related to a prior left knee injury from her playing days, despite earlier denials.
A group of farmers in Colorado and Kansas tampered with rain gauges to falsely report drought conditions, leading to a multimillion-dollar crop insurance fraud. Their actions resulted in both criminal penalties and civil settlements.
Social inflation is driving commercial casualty losses up by 11% over five years. Explore three key strategies—data utilization, early case assessment, and advanced technology—to manage this growing challenge.
A Nebraska couple faces felony charges for allegedly defrauding Geico out of nearly $80,000 by filing a false insurance claim on a stolen camper that was later found in Oklahoma.
The Department of Justice filed its first False Claims Act lawsuit under the Civil Cyber-Fraud Initiative, targeting contractors accused of noncompliance with DoD cybersecurity requirements.
The surge in severe weather events highlights the urgent need for modern insurance strategies, as homeowners face heightened risks and coverage gaps. Tailored disaster insurance solutions can help protect against growing financial vulnerability.
A federal judge has allowed roughly 150 former workers over age 50 to pursue a class action lawsuit against X, alleging age discrimination in the company’s 2022 mass layoffs under Elon Musk’s ownership.
