According to KBW, Property & Casualty insurers express optimism for 2024, driven by rate increases, moderating loss trends, and strong growth in brokerage and specialty lines.

OSHA proposes a $269,662 penalty against WD Flooring for serious safety violations including electrical and fall hazards, lack of hearing protection, and inadequate training on hazardous chemicals.

The conservative Catholic media outlet Church Militant announces closure in April, following a defamation lawsuit settlement involving an apology and a $500,000 payment to a priest.

Cleanup efforts and track repairs have commenced after a Norfolk Southern train derailment in eastern Pennsylvania, with containment measures in place for a diesel fuel spill and no reported injuries or hazardous material concerns.

A comprehensive study predicts that sea level rise due to climate change could exacerbate arsenic release into Bangladesh’s well water, heightening public health risks.

Toyota is recalling approximately 380,000 Tacoma trucks due to a potential axle shaft separation that could impair vehicle stability and brake performance.

Experts identify kinesiophobia, the irrational fear of movement, as a significant obstacle in workers’ compensation cases, stressing the need for a multidisciplinary treatment approach.

A new report forecasts a significant rise in AI and machine learning usage in anti-fraud programs, with a nearly threefold increase anticipated by 2026.

The shift from paper-based processes to digital claims management marks a transformative era for adjusters, enhancing efficiency and customer service.

Many residents of the Texas Panhandle, left uninsured, face an uphill battle in recovering from devastating wildfires, highlighting the growing insurance affordability crisis.

A landmark $72.5 million judgment has been awarded to Aurora Beauchamp, a cancer patient severely injured by a city bus, marking one of the MTA’s largest payouts.

The ransomware attack on Change Healthcare has not only disrupted US pharmacies but also sparked a potential $22 million ransom payment, raising concerns across the health care sector.

Over 60% of Americans are unaware of the added household costs due to litigation tactics, highlighting the need for legal system reforms.

An $820,000 insurance claim was dismissed after evidence emerged of the claimant partaking in a Christmas tree throwing contest, contradicting her injury claims.

In 2023, State Farm reported a significant increase in underwriting losses, driven by property line challenges despite improvements in auto insurance results.