The blast that killed 16 workers at a military explosives plant in Tennessee last week likely could have been prevented with better safety measures and accountability, the National Council for Occupational Safety and Health said in a statement. “This is …
Tennessee Plant Explosion That Killed 16 Was Preventable, National COSH Says Read More »
Third quarter net income at The Travelers Cos. increased 50% compared with the same period a year ago, to about $1.9 billion on lower catastrophe losses. Catastrophe losses for the third quarter this year were $402 million pretax, compared with …
Travelers Q3 Net Income Soars 50% on Lower Catastrophe Losses Read More »
HSB Canada, a specialty insurer and part of Munich Re, introduced HSB CyberPro™, a new solution that provides comprehensive insurance coverage and services for businesses. HSB CyberPro combines specialized cyber claims service, active threat monitoring, and risk mitigation tools developed …
Markets/Coverages: HSB Canada Launches Cyber Insurance Coverage for Businesses Read More »
Medical costs per claim have begun to rise following a period of relative stability post-pandemic, a new report shows. A new Workers Compensation Research Institute report shows medical payments per claim recently started increasing, fueled by an increase in medical …
Workers’ Compensation Medical Claims Costs Rising Across Most States: WCRI Read More »
A record amount of renewable energy capacity was added globally last year, but that still left countries short of targets towards meeting a U.N. climate goal to triple capacity by 2030, a report by global renewable groups showed on Tuesday. …
Record Global Renewable Energy Growth Remains Short of Climate Target: Report Read More »
Carbon dioxide levels in the atmosphere have reached the highest ever recorded, potentially further warming the planet and leading to more extreme climate events, a new report by the World Meteorological Organization found. From 2023 to 2024, the global average …
CO2 Hits Highest Levels Ever Recorded, WMO says, Warning of More Extreme Weather Read More »
The cybersecurity company F5 Inc. said nation-state hackers breached its networks, gaining “long-term, persistent access” to certain systems and stealing some source code. The breach prompted alerts from cybersecurity agencies in the US and UK, with a senior US official …
‘Catastrophic’ Hacks Warning Follows Intrusion of Cyber Firm F5 Read More »
A ransomware attack is disrupting state and local borrowers’ ability to post debt documents on the $4.3 trillion municipal-bond market’s main distribution platform. MuniOS, a website operated by Ann Arbor, Michigan-based tech company ImageMaster LLC, has been out of service …
Ransomware Ensnares $4.3 Trillion Muni Market’s Key Site Read More »
Moment of opportunity. Clear horizons. The latest WTW Marketplace Realities report, published in early October, is heavy on descriptions of a “unique and promising” inflection point for commercial insurance buyers. “Today, nearly every commercial line of insurance—aside from excess casualty—finds …
All Commercial Insurance Lines Except One in ‘Soft-Market Territory’: WTW Read More »
The U.S. Supreme Court has turned down an appeal by conspiracy theorist Alex Jones of the $1.4 billion judgment against him for his false claims about the 2012 Sandy Hook Elementary School mass shooting that took the lives of 20 …
Supreme Court Denies Alex Jones Appeal of $1.4 Billion Sandy Hook Judgment Read More »
