12 04, 2024

SC High Court Strikes ‘Troubling’ Denial of Comp Claim, Says Can’t be Based on Stats

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An employer cannot use an ergonomics report, showing that a work injury is statistically unlikely, to deny a workers’ compensation claim, the South Carolina Supreme Court said this week in an opinion that sharply questioned an appellate panel’s decision making. …

12 04, 2024

CISA Says Russian Hackers Used Microsoft Access to Steal Government Emails

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The U.S. Cybersecurity and Infrastructure Security Agency said Russian government-backed hackers have used their access to Microsoft’s email system to steal correspondence between officials and the tech giant, an emergency directive by the U.S. watchdog released on Thursday showed. In …

12 04, 2024

Soaring Insurance Costs Hit as US Buyers Finally Get a Break on Car Prices

By | April 12th, 2024|Uncategorized|Comments Off on Soaring Insurance Costs Hit as US Buyers Finally Get a Break on Car Prices

A new form of sticker shock has hit American car buyers like Darin Davis. In January, when the 56-year-old Dallas real estate agent renewed the insurance on the pearly-white 2024 Cadillac XT4 that he bought just a few months earlier, …

12 04, 2024

Explainer: Limits on PFAS in Drinking Water Could Fuel Litigation

By | April 12th, 2024|Uncategorized|Comments Off on Explainer: Limits on PFAS in Drinking Water Could Fuel Litigation

The U.S. Environmental Protection Agency has finalized the first federal regulations on toxic “forever chemicals” in drinking water, setting tight limits that essentially require public water systems to all but eliminate their presence in American tap water. The highly anticipated …

12 04, 2024

Climate Verdict for Swiss Women a Warning for European States, Oil Industry

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Governments and companies that are lax on climate action should be worried since this week’s European human rights court ruling against the Swiss government improves the odds that other such cases could win at the top court, legal experts said. …

12 04, 2024

Europe Stands Firm Against US-Driven ESG Backlash

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Steady investor demand in Europe for environmental and socially responsible investments and wide-ranging regulation are helping Europe’s finance industry withstand political pressures that have pushed some U.S. peers to backtrack on their green agendas. In the United States, conservative politicians …

12 04, 2024

Drought, Heat Raise Risk of Repeat of Canada’s Record-Breaking Wildfires of 2023

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Canada’s emergency preparedness minister warned Wednesday the country’s wildfire season could be more explosive than last year when it led to unprecedented smoke conditions across much of the country and into the United States. Persistent drought and months of above-average …

11 04, 2024

NAIC Adopts Climate Resilience Strategy to Close Coverage Gaps, Improve Recovery

By | April 11th, 2024|Uncategorized|Comments Off on NAIC Adopts Climate Resilience Strategy to Close Coverage Gaps, Improve Recovery

To assist property insurers in reducing losses and speeding up recovery from natural disasters, the National Association of Insurance Commissioners’ (NAIC) adopted the first-ever National Climate Resilience Strategy for Insurance. Developed under the coordination of the NAIC’s Climate and Resiliency …

11 04, 2024

Tech Updates: Sayata Risk Engine Flags High-Risk Accounts With AI; Canopy Connect and Hawksoft Launch Integration to Eliminate Data Entry for Agents

By | April 11th, 2024|Uncategorized|Comments Off on Tech Updates: Sayata Risk Engine Flags High-Risk Accounts With AI; Canopy Connect and Hawksoft Launch Integration to Eliminate Data Entry for Agents

Sayata Unveils AI-Powered Risk Engine That Flags High-Risk Accounts Sayata has launched the Sayata Risk Engine, an AI-powered platform that uses sophisticated AI to flag specific high-risk accounts expected to drive up loss ratios. Sayata’s Risk Engine’s SmartExtrapolation technology uses …

11 04, 2024

Ping An Insurance’s Delayed Trust Repayment Shows Lingering Property Woes

By | April 11th, 2024|Uncategorized|Comments Off on Ping An Insurance’s Delayed Trust Repayment Shows Lingering Property Woes

Ping An Insurance (Group) Co.’s trust business delayed repayment on a property-linked investment product, showing how the financial giant’s asset-management operations are still reeling from China’s prolonged real estate downturn. Ping An Trust apologized on Wednesday to its customers for …