With insurance costs for electric vehicles approximately 20% higher than for traditional cars, addressing these premiums is crucial for broader EV adoption.
The latest NYC Construction Safety Report reveals a significant reduction in fatalities but an uptick in worker injuries, highlighting both progress and ongoing safety challenges in the construction sector.
Recent legislative reforms and a mild hurricane season have contributed to the recovery of Florida’s property/casualty insurance market, yet challenges remain for premium costs.
FM Global’s COO Bret Ahnell speaks with Risk & Insurance and addresses the prolonged hard market, impacts of climate change, and the shift towards renewable energy in property insurance.
In a significant ruling, the Kentucky Court of Appeals decided a Lyft driver could not collect underinsured motorist benefits from Lyft or her personal auto policy.
At Wegmans, AI technology has slashed litigation rates and improved response times in workers’ compensation claims, leading to faster, more effective treatment.
The FAA has launched an investigation into Boeing’s 787 Dreamliner after some employees reportedly skipped critical inspections, falsifying records in the process.
As natural catastrophe losses escalate, Swiss Re emphasizes the use of data-driven insights to enhance global insurance access and climate risk management.
The National Highway Traffic Safety Administration has initiated an investigation to assess the effectiveness of Tesla’s recall remedies and has requested detailed information from the automaker.
Adrian Pellen of NFP discusses leveraging technology and data to optimize insurance strategies in the construction sector at the 2024 RISKWORLD conference in San Diego.
The first quarter of 2024 sees a significant uptick in ransomware attacks, especially on healthcare providers, amidst ongoing cybercriminal activities.