A bicyclist pulling a trailer in Vermont died after he was struck by a police cruiser, state police said. The crash happened just before 3 a.m. Monday on U.S. Highway 7 in South Burlington. The officer, a sergeant with the …
Fewer workers are dying from hazards where the federal safety resources have been focused, according to a new report. Preliminary agency data show a decrease in fatalities the U.S. Department of Labor’s Occupational Safety and Health Administration is mandated to …
Executive summary: When actual prices line up with technical prices, insurers expect underwriting profits to emerge. But what if underwriters find ways to adjust technical prices downwards? In the second part of a two-part series, Tony Buckle and John Carolin, …
The family of a security guard who was shot and killed at a hospital in Portland, Oregon, sued the facility for $35 million on Tuesday, accusing it of negligence and failing to respond to the dangers that the gunman posed …
TCW Group Inc. was sued by former group managing director Jess Ravich, who claims the asset manager made up grounds to fire him following a sexual harassment accusation in order to deny him tens of millions of dollars. The lawsuit …
As with computer models that help predict risk from hurricane winds, insurers now have more than one model to use when gauging flood damage in storm-soaked Florida. The Florida Commission on Hurricane Loss Projection Methodology this month accepted three flood …
A North Carolina insurance agent who was penalized by regulators almost 20 years ago has given up her producer license after she was charged with pocketing insurance premiums. Lori Ann Crisp, 56, of Kannapolis, was charged with forgery, embezzlement and …
After the U.S. commercial auto insurance segment sustained a $5 billion net loss in 2023, a new AM Best reports indicates further deterioration in the first half of 2024. Despite targeted underwriting initiatives, including raising premiums to match the rising …
Bank executives and lawyers anticipate the incoming Trump administration to place significant limits on the U.S. Consumer Financial Protection Bureau (CFPB), but the president’s populist leanings could leave room for some activity by the watchdog. The CFPB has long been …
This year’s U.N. climate summit – COP29 – is being held during yet another record-breaking year of higher global temperatures, adding pressure to negotiations aimed at curbing climate change. The last global scientific consensus on climate change was released in …