A recent study by the WCIRB of California reveals a notable trend: 40% of workers’ compensation claims originate from employees with less than a year of tenure.
As homeowners grapple with a 19.8% spike in insurance rates, projections show a relentless 6% increase into 2024, heavily influenced by climate change and severe weather patterns.
The U.S. commercial litigation finance industry faces a contraction in new funding deals due to broader financial market trends, despite stable demand.
In the fast-evolving cyber threat landscape, insurance industry processes are key to developing adaptable policies, managing risks, and enhancing cyber resilience.
Following a devastating attack on UnitedHealth Group’s subsidiary, the U.S. government offers a hefty reward for leads on the BlackCat ransomware syndicate.
A groundbreaking report by GHSA and CMT offers strategies to tackle distracted driving, revealing the effectiveness of hands-free laws and tech-driven safety programs.
At the 2024 cyber symposium, experts express the need for clarity in underwriting AI-related risks, underscoring the insurance industry’s struggle with fast-paced technological advancements.
The 26th annual report by the National Academy of Social Insurance offers a detailed look at workers’ compensation trends during the COVID-19 era, showcasing the system’s adaptability.