Editor’s Picks

Employee Whiffs on Workers’ Compensation Claim for TopGolf Injury

An employee who claims he injured his knee while swinging a club during an employer-sponsored TopGolf event has failed to qualify for workers’ compensation benefits. The Virginia Workers’ Compensation Commission recently upheld the denial of benefits for the injured employee …

Extreme Weather in 2024 Forced Most People to Flee in 16 Years

Extreme weather last year including typhoons, heatwaves and flooding led to the biggest displacement of people since 2008, and exacerbated a food crisis in more than a dozen countries, according to a report. Tropical cyclones were responsible for many of …

California Insurance Commissioner Provisionally OK’s State Farm’s 22% Rate Request

California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% interim rate hike, the California Department of Insurance announced on Friday. The approval is on the provision that the company can justify the hike with data in …

State Farm, Consumer Group Battle Ahead of Insurance Commissioner Decision

Ahead of a decision from California’s insurance commissioner on a State Farm General request for emergency rate increases, company executives and representatives of a consumer group pled their opposing cases in letters to Commissioner Ricardo Lara. News outlets in California …

North Sea Ship Collision Could Cost Insurers up to $100M, Hitting Marine Line Profits

The collision of a cargo ship and a fuel tanker off the eastern coast of England in the North Sea is likely to hit multiple marine insurance policies, carrying an estimated combined insured value of between $50 million and $100 …

Insurers Have Paid $12B in Claims for LA Wildfires, Report Shows

Insurance companies have so far paid out more than $12 billion for losses from the two biggest of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes in January. California Insurance Commissioner Ricardo …

AAA Study Shows Consuming Cannabis and Driving The Same Day is Common

A survey of the driving behavior of 2,000 cannabis consumers in eight states shows a majority say they drive the same day that they consume cannabis—and about half believe they drive just as well while high. The AAA Foundation for …

Builders Say Exclusions Make Contractor Coverage Elusive. Appeals Court Disagrees

A federal appeals court decision handed down last week is a victory for a Liberty Mutual surplus carrier, but it highlights what one attorney said is a widespread problem in the construction industry: an alleged “bait and switch” by insurers …

Trump Says He’s Doubling Tariffs on Canadian Steel, Aluminum

President Donald Trump said he would increase steel and aluminum tariffs on Canada to 50% to retaliate against Ontario’s move raising taxes on electricity sent to the US, ramping up his fight with the US’s largest trading partner. “This will …

China’s Auto Titans Push for AI, Flying Cars and New Plates

As China’s political elite gathered for the annual National People’s Congress in Beijing last week, auto executives offered a range of ambitious policy proposals aimed at propelling the industry into the next era of smart mobility. From flying cars to …

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