Insurance

Pennsylvania workers’ compensation rates will be going down for employers beginning April 1. Insurance Commissioner Mike Humphreys on January 23 approved an overall decrease in loss costs of -7.88%, more than doubling last year’s decrease of -3.33%. Humphreys approved the …

Completely driverless vehicles traveled nearly 3.3 million miles in California last year, over five times the previous year’s total, even as concerns rose in the wake of a Cruise robotaxi accident, state data on vehicle testing released on Friday showed. …

Howden, headquartered in Renfrew, United Kingdom, appointed David Shalders as group chief operating officer. Shalders will join as an executive member of the Howden Group board and the global leadership team. Shalders joins Howden from LSEG (London Stock Exchange Group), …

Tesla drivers no longer have to squint to read the warning lights in their electric vehicles, thanks to eagle-eyed auditors at the US National Highway Traffic Safety Administration. The regulator posted an unusual recall report on its website Friday from …

A Massachusetts man has filed a proposed class action lawsuit seeking $5 million against the New England Patriots for alleged privacy violations. The suit alleges that the team intentionally and knowingly discloses personally identifiable information (PII) of people using their …

The prosecutor leading Sweden’s probe into the Nord Stream gas pipeline blasts in the Baltic Sea in 2022 plans to announce a decision this week on whether to drop the case, press charges or request that someone is detained, his …

Broker Marsh said global commercial insurance rates increased by 2% at renewal in the fourth quarter of 2023, marking the 25th straight quarter of rate increases. “At a time of much global economic uncertainty, clients will welcome the increased stability …

Broker Marsh said the composite rate change at renewal for U.S. commercial lines was up 3% in the fourth quarter 2023, led by an 11% increase in property rates. The Marsh Global Insurance Market Index said it was the 25th …

ST. PETERSBURG, Fla. (AP) — The “cone of uncertainty” produced by the National Hurricane Center to forecast the location and ferocity of a tropical storm is getting an update this year to include predictions for inland areas, where wind and …

HOMEWOOD, Ala. (AP) — A man fleeing police caused the Alabama car crash that injured Gayle Manchin, head of an economic development partnership of the federal government and 13 state governments and the wife of U.S. Sen. Joe Manchin, along …