State Farm Insurance has awarded the Insurance Council of Texas (ICT) with a $40,000 grant to promote and develop education programs throughout the state. ICT will use the grant to grow its multiple public service and educational campaigns to inform …
Workers’ compensation continues to be the shining star in the property/casualty insurance market. Despite a 9% decline in direct premiums written to $44.3 billion, and a combined ratio in 2020 (91.1%) that was just a few points higher than 2019 …
The number of malpractice claims filed against hospitals and physicians dropped 14% in 2020, even as premiums rose 22% on average, according to the most recent report by the American Society for Health Care Risk Management and Aon published in …
While most remote workers tend to be in “white collar” jobs with less physical injury risk than other industries such as construction or manufacturing, there is still cause for concern, according to claims experts. Jennifer Cogbill, senior vice president, GBCARE …
“Whether four years of strenuous attention to football and fraternities is the best preparation for professional work has never been seriously investigated.” – Robert Maynard Hutchins While this quote from a former University of Chicago president may be of some …
The pandemic has led to a rise in mental health-related workers’ comp claims for first responders, according to Safety National’s Chairman and CEO Mark Wilhelm. There is also an uptick in mental health issues for injured workers, he said. “Almost …
The world of work is changing fast, with the pull of the digital revolution and the push of the pandemic shifting mindsets and introducing far greater flexibility in how we organize our working lives. In the two years since the …
Allstate said it is raising auto insurance rates more due to continued upticks in physical damage and bodily injury severity. The personal property insurer said in a statement on April 21 that first quarter unfavorable non-catastrophe prior-year reserves re-estimates were …
A federal judge in California approved an $85 million settlement between Zoom Video Communications and millions of users who said the teleconference meeting application violated their privacy rights by sharing personal data to companies such as Facebook and Google, and …
Rising commercial property insurance costs have gotten the attention of executives across a broad cross-section of corporate America. Aon, a leading broker of commercial insurance, reports that commercial property insurance premiums have experienced, on average, double-digit increases for five years …
