Report: Medical Costs for Workers’ Comp Rose 11% Nationally July 3, 2024 Medical costs for workers’ compensation increased nationally 11% and first-party claims grew 5% over the last four years, a new...
US P/C Underwriting Results: Two Years in a Row Over $20 Billion in the Red July 3, 2024 By Chad Hemenway For the second year in a row, the U.S. property/casualty industry booked an underwriting loss of more than $20 billion...
Ryan Specialty Shuffling Continues; McCormack Named CEO of RT Specialty July 2, 2024 A day after Ryan Specialty Holdings announced a handful of executive moves following the retirement of founder Patrick G. Ryan,...
Supreme Court Rejects Challenge to Workplace Safety Agency July 2, 2024 By Andrew Chung The U.S. Supreme Court declined on Tuesday to hear a challenge by an Ohio company to the power of the...
Scientists Concerned That a Bird Flu Pandemic Is ‘Unfolding in Slow Motion’ July 2, 2024 By Julie Steenhuysen and Jennifer Rigby Scientists tracking the spread of bird flu are increasingly concerned that gaps in surveillance may keep them several steps behind...
Beryl Becomes Earliest Ever Category 5 Hurricane in Atlantic July 2, 2024 By Stephen Stapczynski and Brian K. Sullivan Hurricane Beryl has strengthened after becoming the earliest ever Category 5 storm in the Atlantic, with the system heading toward...
Justice Department to Charge Boeing, Seeks Guilty Plea From Planemaker July 2, 2024 By Allyson Versprille and Chris Strohm The US Justice Department will charge Boeing Co. with criminal fraud, leaving the planemaker to choose between pleading guilty or...
Wall Street’s Top Regulator Faces Worsening Battle in Wake of Supreme Court Ruling July 2, 2024 By Chris Prentice and Pete Schroeder The Supreme Court’s move to curb federal agency powers could curtail efforts by the U.S. Securities and Exchange Commission to...
CDK Expects All Dealers to Be Live by Early July 4 July 2, 2024 By Nathan Gomes CDK said on Monday it anticipates all dealers to be live on its dealer management system (DMS) by late July...
Markets/Coverages: Resilience Doubles Cyber Limits to $20M July 1, 2024 Resilience said it doubled the cyber insurance limits it can offer to clients in the U.S. to $20 million per...