National News

Jury Awards $68.5M to Family of Worker Who Fell to Death at Philly Construction Site

A Philadelphia jury has awarded $68.5 million in damages to the widow and son of a 38-year-old construction worker who was killed in 2021 in a fall from a fifth-floor balcony at a luxury townhouse site. Siarhei Marhunou’s widow, Hanna, …

Gallagher Bassett Acquires NetClaim from NAVEX

Gallagher Bassett acquired NetClaim from NAVEX. NetClaim provides first notice of loss and first report of injury services for risk management clients, insurance carriers and third-party administrators throughout the U.S. NetClaim will join Gallagher Bassett’s incident management team under the …

U.S. Workplace Safety Agency Proposes Protections from Extreme Heat

The Biden administration on Tuesday unveiled a long-awaited proposal that would require many U.S. employers to protect 36 million workers from extreme heat. The proposed rule from the U.S. Occupational Safety and Health Administration (OSHA), which enforces workplace safety laws, …

Report: Severe Weather Impacting Collision Repair, Auto Insurance

The auto insurance and repair industry must “adapt to new patterns and prepare for an unpredictable future,” according to the Crash Course Q2 2024 report released by CCC Intelligent Solutions Inc., a property/casualty insurance cloud platform provider. The latest report …

Arturo Names Burke Chief Operating Officer

Arturo named Jordan Burke chief operating officer. Burke will oversee the optimization of Arturo’s internal processes. Burke was previously general manager of the software division at ABB Optical, an insurance verification, e-commerce, and business analytics firm. His prior roles include …

U.S. Home Insurance Still Priced Too Low for Climate Risk, Says Swiss Re Chair

This has been a year of insurance sticker shock in the US. But the man who provides insurance to insurers thinks maybe the shock still isn’t enough to steer people away from risk in a changing climate. “There is not …

U.S. Auto Sales Set to Slow Amid Higher Rates, Dealer Cyberattack

The rebound in US auto sales likely lost momentum last month as high prices, steep borrowing costs and cyberattacks that hobbled dealerships across the country weighed on deliveries. Vehicle sales will probably slow to an annualized rate of around 15.8 …

Insuring the Future: The Metaverse Has Entered the Chat

The digital and physical realms are converging in unprecedented ways, and nowhere is this more evident than in the metaverse. This virtual space, once reserved as the playground of gamers and tech enthusiasts, has evolved from a sci-fi concept to …

CDK Expects All Dealers to Be Live by Early July 4

CDK said on Monday it anticipates all dealers to be live on its dealer management system (DMS) by late July 3 or early morning on July 4. The company, which provides software to car dealerships, had briefly shut down all …

Report: Medical Costs for Workers’ Comp Rose 11% Nationally

Medical costs for workers’ compensation increased nationally 11% and first-party claims grew 5% over the last four years, a new report shows. Enlyte’s “Quarterly Medical Price Index (MPI) Report,” based on trends from professional medical bill services from Q1 2020 …

National News Archives by Month