Canada Relaxes Some Mortgage Insurance Rules to Tackle Housing Crisis September 18, 2024 By Promit Mukherjee Canadian Finance Minister Chrystia Freeland on Monday announced changes to some mortgage rules as part of an effort to make...
Update: Africa Floods Displace Millions, Prompt Warnings of Disease, Dam Bursts September 18, 2024 By Ougna Camara, Pius Lukong and Yinka Ibukun Floods in Africa that are displacing millions of people from Guinea on the west coast to the Central African Republic...
Insurers Say Dark Fleet Oil Tankers Pose a Major Claims Risk September 18, 2024 By Alex Longley Marine insurance markets face significant risk from the growth of a shadow fleet of ships hauling oil from sanctioned producers...
Bump in Federal Trade Secret Litigation Seen in 2023: Report September 18, 2024 Analytics from Lex Machina 2024 Trade Secret Litigation Report reveals a rise in trade secret cases filed in federal district...
Viewpoint: How Insurance Industry Can Use AI Safely and Ethically September 18, 2024 By Doug Marquis Executive Summary: Artificial intelligence (AI) is on the brink of transforming most aspects of business, including insurance, but it needs...
Home Insurance Customers Staying Put Despite More Shopping Around: J.D. Power September 18, 2024 By Chad Hemenway Chubb, AIG, and Amica lead other insurers in J.D. Power’s assessment of customer satisfaction for home insurance, but the consumer...
Maine Considers Public Flood Insurance Option for Municipalities, Property Owners September 18, 2024 By EMMETT GARTNER/The Maine Monitor State leaders tasked with reviewing Maine’s preparations and responses to climate change-fueled natural disasters are at a crossroads. While Maine...
HEMIC in Hawaii Issuing $5 Million Dividend to Policyholders September 18, 2024 Hawaii Employers’ Mutual Insurance Company Inc. is giving policyholders the largest dividend in the workers’ compensation carrier’s history. The HEMIC...
Construction Workers Recover $77K After Being Denied Prevailing Wage September 18, 2024 A U.S. Department of Labor investigation has recovered $77,206 in back wages for five workers employed on a federally funded...
Washington Cabinet Shop Fined $187K for Safety Violations September 18, 2024 A Ridgefield, Washington cabinet company has been cited for numerous safety violations including unguarded saw blades, spraying flammable glue next...