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Today, it’s severity, not frequency, that drives up the cost of claims. While the number of claims has generally declined, the average cost per claim has soared. Claim frequency declined …
Addressing the threat of abuse of the legal system Clio Read More
Inszone Insurance Services announced the acquisition of Michigan-based Legacy Partners Insurance Services. Founded by Joe Graham in 2013, Legacy Partners has grown exponentially in Southeast Michigan over the past decade. …
Inszone acquires Michigan-based Legacy Partners Clio Read More
The National Highway Traffic Safety Administration said on May 22 that Hyundai was recalling 421,078 vehicles in the United States due to a software error that could cause unexpected braking. …
Hyundai recalls more than 421,000 U.S. vehicles due to software braking issue: NHTSA Clio Read More
New York regulators say the financial services industry needs to prepare for growing cybersecurity threats. Publish new guidance. Guidance from the New York State Department of Financial Services (DFS) identifies …
New York issues cybersecurity tips in response to climate of ‘increased threats’ from artificial intelligence Clio Read More
Last month, a violent chemical reaction killed two workers at the Ames Goldsmith Catalyst Refinery near Charleston, and federal records show the facility was cited for safety violations in 2018. …
OSHA staffs 60,000 West Virginia workplaces with 6 inspectors Clio Read More
In late 2024, Gretchen Holloway received approval for a new federal grant program that promised to reduce her utility bill by $900 by helping to restore her nearly century-old home. …
These homeowners get a lifeline on their energy bills. Trump pulls it back Clio Read More
Acrisure’s CEO told employees that about 2,250 employees will leave the company by the end of 2027. The Grand Rapids, Michigan-based global brokerage plans to reduce its headcount by about …
Acrisure cuts 2,250 jobs as technology and AI advances Clio Read More
West Virginia uninsured motorist policies require the policyholder to report the accident to the police within 24 hours. But that wasn’t enough to negate a claim, the West Virginia Supreme …
West Virginia Supreme Court says delay in calling police will not affect University of Michigan’s claim Clio Read More
California Governor Gavin Newsom issued an executive order to try to combat the impact of artificial intelligence on workers and businesses. RELATED: Acrisure lays off 2,250 employees amid advances in …
Governor Newsom issues executive order to prepare workers, businesses for AI disruption Clio Read More
This issue of International Talent Mobility details the appointments of Markel and Aon. A summary of these new hires is below. Markel hires Talbot’s O’Donoghue to lead London fine arts …
Markle hires Talbot’s O’Donoghue to lead London Fine Arts & Coins; Aon global reprofessional team promotes Mitchell and hires Floodflash’s Rimmer Clio Read More