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Truckers Fear Job Loss as New English Language Rules Take Effect
Jul 1 2025 // At a trucking school in New Jersey, students are maneuvering 18-wheelers around traffic cones. Other future drivers look under hoods to perform safety checks, narrating as they examine steering hoses for cracks and...
WCIRB: 2024 Losses, Expenses in California Workers’ Comp 108% of Earned Premium
Jul 1 2025 // Total losses and expenses in California’s workers’ compensation system incurred in 2024 were $16.7 billion, or 108% percent of earned premium, a report out today shows. The Workers’ Compensation Insurance...
Adaptive Insurance, Tokio Marine HCC Partner on Power Outage Losses
Jun 24 2025 // Adaptive Insurance, a provider of parametric insurance solutions, has partnered with specialty insurer Tokio Marine HCC on GridProtect鈥攁n insurance product for short-term power outages. The flagship product from...
Verisk: Q1 Claims Volume Hits 5-Year Low but Severity Up on Wildfire Losses
Jun 19 2025 // The first three months of 2025 brought devastating wildfires to California, significant wind and hail events to Texas, and substantial increases in tornado activity to “Tornado Alley,” but claim volume...
After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says
Jun 16 2025 // After eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report...
New Oklahoma Law Limits Post-Loss Assignment of Benefits on Property Damage
Jun 13 2025 // Oklahoma lawmakers this legislative session passed a bill limiting post-loss assignment of benefits for property damage under auto, residential or commercial property insurance policies. House Bill 1084 prohibits the...
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