When it comes to systemic cyber risks, cybersecurity experts rated Internet of Things (IoT) devices and large language models (LLMs) as the most immediate emerging risk areas of concern. That finding came from a recent CyberCube and Munich Re survey …
Cybersecurity Pros Say IoT, Large Language Models Are Risk Areas of Concern Read More »
Despite a significant reduction in personal auto insurance rates in Florida this year, Progressive may soon find itself in the unenviable position of sending small refunds to thousands of current and former policyholders. The corporation’s quarterly 10Q filing with the …
Progressive Could Soon Breach Excess Profits in Florida Auto, Triggering Refunds Read More »
A federal judge says Rhode Island’s gun permit system, which requires residents to show “a need” to openly carry a firearm throughout the state, does not violate the Second Amendment. In a ruling handed down Friday, U.S. District Judge William …
Federal Judge Upholds Rhode Island’s Gun Permit System for Open Carry Read More »
An Idaho man pleaded guilty to one count of felony insurance fraud in connection with a workers’ compensation claim following an investigation led by the DOI’s Fraud Investigation Unit that showed he illegally collected benefits. Mark Chafin, of Post Falls, …
Idaho Man Pleads Guilty to Felony Workers’ Comp Fraud Read More »
Second quarter underwriting income in AIG’s General Insurance segment increased 46% compared with last year, to $626 million. The unit—North America commercial, International commercial, and global personal—recorded $170 million in catastrophe-related charges in Q2 2025, compared with $330 million for …
AIG General Insurance Underwriting Income Up 46% in Q2 Read More »
California’s biggest legal marijuana grower said nine of its employees were detained in a federal immigration raid last month that netted hundreds of arrests, and that the business has ended its relationship with two labor contractors that supplied its farmworkers. …
California Cannabis Grower Said 9 Employees Were Among Hundreds Detained in Raid Read More »
A climate nonprofit is planning to revive a key federal database tracking billion-dollar weather disasters that the Trump administration formally stopped updating in May. The database — which was produced by the National Oceanic and Atmospheric Administration — is set …
Researchers Are Resurrecting Billion-Dollar Disaster Tool Trump Killed Read More »
The New Hampshire Insurance Department (NHID) has approved an average 6.1% reduction in voluntary workers’ compensation loss costs effective January 1, 2026. The assigned risk pool for risks not insured in the voluntary market will see a reduction of 5.4%. …
New Hampshire Approves 6.1% Workers’ Comp Rate Cut for 2026 Read More »
HSS Security, LLC, a company that provides security services to hospitals in Texas, will pay $35,000 and provide other relief to settle a sex discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced last …
Texas Security Services Provider to Settle Sex Discrimination Lawsuit Read More »
Mercury Insurance is partnering with Liberty Mutual Insurance on a plan to provide coverage for thousands of California Safeco Insurance customers impacted by a shift in Liberty Mutual’s California personal lines product strategy. The companies say that Liberty Mutual will …
Mercury Insurance and Safeco Insurance to Transition California Customers and Agents Read More »
