Insurance

‘I need a job’: Why fired federal workers are struggling to replace government work

HIRING: Park ranger. SEEKING: Nuclear submarine engineer. WANTED: Sled dog musher.If they seem unlikely postings, they probably are. But a laid-off federal worker can dream.Axed from jobs not easil...

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Wealthy French businessman died from the COVID-19 vaccine â€“ but life insurance company DENIES PAYOUT, citing voluntary suicide by experimental jab

(NaturalNews) A wealthy French businessman who died after receiving a COVID vaccine injection will not receive a life insurance payout, as his death is...

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Maryland Report Says Many Workers Misclassified, Costing $59M in Comp Premiums

Worker misclassification in Maryland is widespread, leaving thousands of workers without injury protection and depriving insurance companies of more than $58 million in workers’ compensation premiu...

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Mangione Draws Crowd at First Court Hearing Since Arraignment

NEW YORK (AP) — The defendant wore a bulletproof vest and shackles. A woman in the crowd wore a “Free Luigi” scarf. Outside, throngs of people cheered and chanted his name. So it went Friday at a c...

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SEC Closes Investigation Into Robinhood’s Crypto Arm Without Action

Robinhood said on Monday the U.S. Securities and Exchange Commission had closed its probe into the firm’s crypto trading arm with no action, signaling further regulatory changes in the crypto indus...

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California Governor Asks Congress for $40B for LA Wildfire Relief

California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfires, which he said could become the costli...

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Texas mandates the reduction of title insurance costs

The state's insurance commissioner made the change following analysis of title industry profits and expenses in Texas provided by its stakeholders.

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Warren Buffett reaffirms his preference for stocks over cash

The legendary investor expressed his inclination for equities even after selling large chunks of Berkshire Hathaway's investments in three major banks. "That preference won't change," Buffett wrote...

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Demand for bond insurance grew in 2024

In total, municipal bond insurers wrapped $41.09 billion of debt in 2024, an increase from the $35.38 billion insured in 2023, according to LSEG data.

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NHTSA Laid Off 4% of Staff, Spokesperson Says

The National Highway Traffic Safety Administration laid off 4% of its staff as part of a government-wide trimming of probationary employees, a spokesperson said Monday. The agency has pending inves...

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Europe Braces for Freeze of US Foreign Corruption Practices Act

In recent years, Glencore Plc, Airbus SE and Credit Suisse have collectively paid more than $5.5 billion in fines for their roles in sprawling corruption cases. While law enforcement in France and ...

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Google to Be Hit With EU Charges of Breaching Big Tech Rules, Sources Say

Alphabet unit Google is set to be charged with breaching EU rules aimed at checking the power of Big Tech after proposed changes to its search results failed to address the EU antitrust regulator’s...

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Engineering Company to Pay $53M to Settle Flint, Michigan Water Lawsuits

An engineering company said Friday it has agreed to pay $53 million to settle all remaining lawsuits that alleged some blame for lead-contaminated water in Flint, Michigan, a decade ago. The deal b...

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Court Reduces Verdict for Michigan Gardener Whose Organic Lawn Was Destroyed

A Michigan court struck down a large chunk of an $88,550 verdict for a Detroit-area organic gardener whose beloved clover lawn was destroyed by a man spraying herbicide — at the wrong address. Mari...

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People Moves: Incline P&C Group Adds Wafer as Independent Director

Incline P&C Group, a leading insurance program market services firm, has elected Thomas Wafer to the Board of Directors of each of its insurance carriers as an independent director. Wafer bring...

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Texas Man Sentenced to 13 Years in Prison for Multi-Million Dollar Insurance Fraud

A Texas man was sentenced last week to more than 13 years in prison for constructing a $5 million insurance fraud scheme, the U.S. Attorney’s Office, Northern District of Texas announced. Jordan Fo...

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IRDAI red flags sharp hike in health premium for senior citizens, caps increase at 10% - The Indian Express

IRDAI red flags sharp hike in health premium for senior citizens, caps increase at 10% The Indian Express

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Less than 1% bike riders in crashes wear helmets: Study

A study at Christian Medical College, Vellore, reveals over 70% of traumatic brain injuries (TBIs) in India stem from two-wheeler crashes, with less than 1% of patients wearing helmets. The study, ...

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The list of major companies laying off staff this year, including Starbucks, Meta, and Microsoft

Chevron is planning global cuts.PATRICK T. FALLON/AFP via Getty ImagesCompanies such as Meta, Microsoft, BlackRock, and Chevron are conducting layoffs.Artificial intelligence is reshaping some work...

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A system in crisis: The latest stressors for state-based insurance

Increasing weather-related risks and costs combined with companies pulling out of some states, is affecting the remaining carriers and state insurers.

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AI yields benefits for claims processing

Insurers are seeing improvements in workflows, authentication and adjudication.

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