Federal Judge Strikes Down Biden Overtime Pay Rule December 2, 2024 By Daniel Wiessner A federal judge in Texas permanently blocked a Biden administration rule that would have made about 4 million more salaried...
Safeco to Take Personal Lines Renewal Business of Main Street America December 2, 2024 By Chad Hemenway Liberty Mutual’s Safeco Insurance has agreed to take the personal lines business of Main Street America, marking the second time...
US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood December 2, 2024 By William Rabb Insurance carriers may want to examine policy language — and what information they request from insureds — after the U.S....
Progressive to End Offering Dwelling Fire Insurance December 2, 2024 By Chad Hemenway Progressive said it will stop offering dwelling fire insurance, with nonrenewal notices going out as early as Nov. 19. The...
Verisk: A Shift to More EVs on The Road Could Have Far-Reaching Impacts December 2, 2024 By Allen Laman What emerging risks could electric vehicles present as they become more widespread? Experts at Verisk recently explored the current EV...
Flood Adaptation Preferable to Post-Disaster Rebuilding – And It Helps With Insurability December 2, 2024 By L.S. Howard Economic losses caused by natural catastrophes reached an estimated US$280 billion in 2023, with US$51.6 billion of that total due...
Insurance and Shrinkflation: Caveat Emptor! December 2, 2024 By Bill Wilson Everyone is familiar with the significant price increases of many products and services in recent years. We call that “inflation”...
US Product Recalls on Pace to Hit 6-Year High: Report December 2, 2024 If the pace of product recalls continues in the fourth quarter, the number will reach a six-year high by the...
5 Ways to Prepare for the End of the Hard Market December 2, 2024 By Carol Drake For a long time, the hard market has made it difficult for agents to offer their clients the coverage they...
Smithfield to Pay $2M in Minnesota Child Labor Violation Settlement December 2, 2024 By Steve Karnowski Smithfield Foods, one of the nation’s largest meat processors, has agreed to pay $2 million to resolve allegations of child...