News Brief: Report Finds 1 in 4 Workers Unaware of the Mental Health Benefits - A survey conducted in January 2025 by the National Alliance on Mental Illness (NAMI) found that 1 in 4 workers is unaware whether their...

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How Tariffs May Impact Home and Auto Insurance - On April 3, 2025, President Donald Trump announced new tariffs on imports into the United States. These costs would include an increased tariff on foreign automobiles and...

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Report Reveals a Rise in Cargo Threat - A new report released by multinational data analytics company Verisk revealed that a record-setting 3,625 cargo theft incidents occurred across North America in 2024, reaching...

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Workplace Fatalities Down 3.7%, According to BLS - The U.S. Bureau of Labor Statistics (BLS) recently released its 2023 national census of fatal occupational injuries. The census, which represents the most recent...

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Triple-threat” exposure faced by 33,000 homes around the country: CoreLogic - An estimated 33,000 homes face a “triple threat”-year-round exposure to three separate natural disaster perils, according to research from...

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Natural Catastrophe Losses to Hit $135 Billion in 2024 - Global insured natural catastrophe losses are on track to reach $135 billion by the end of 2024-the fifth consecutive year that insured losses surpassed the $100-...

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Over 80% of Employers Will Add or Improve Benefits in the Next Year - A new report by health care benefits company Lively found that 81% of organizations plan to add or improve employee benefits in the next year to...

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What’s in Store for Reinsurance Jan. 1? Market Players Have Varied Views - More than half of reinsurers, insurers, and brokers surveyed last month by Fitch Ratings expect reinsurance prices to increase on Jan. 1, 2025,...

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Report Finds Weight Loss Drugs Key Driver of 2025 Health Care Cost Increase - A recent Business Group on Health (BGH) survey found that heightened interest and spending on glucagon-like peptide-1 (GLP-1) drugs is a...

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Report: Health Care Costs 254% Higher for Privately Insured Patients Than Those With Medicare - A new RAND report revealed that in 2022, private insurers paid hospitals an average of 254% more than what Medicare would...

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Regulators Cite Major Gaps in Consumer Understanding of Insurance - More than a third of Gen Z adults buy protection plans for their cellphones, but just 21% have renters insurance, according to a survey from the...

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CVSA’s Brake Safety Week Scheduled for Aug. 25-31 - The Commercial Vehicle Safety Alliance (CVSA) recently scheduled this year’s Brake Safety Week for Aug. 25-31, 2024. This annual event aims to emphasize the importance...

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Forecasters Up Their Hurricane Outlook After Hyperactive Beryl - Researchers at Colorado State University have upped their forecast for this year’s Atlantic hurricane season, now projecting at least 25 named storms,...

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Large Jury Verdicts Rising Steadily, Especially for Product Liability - According to a recent report from the U.S. Chamber of Commerce’s Institute for Legal Reform (ILR), large jury verdicts over $10 million continue to...

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Workers’ Compensation System Shows Financial Strength and Lower Claim Frequency - The performance of the workers’ compensation system remains strong, according to a new State of the Line Report from the National Council...

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Property Pricing May Have Eased, but Brokers Still Having Trouble - Commercial property and casualty insurance premiums rose an average of 7.7% in the first quarter of 2024, up slightly from 7.0% in Q4 2023, according...

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NOAA Predicts “Above Normal” 2024 Hurricane Season - The National Oceanic and Atmospheric Administration (NOAA) predicts “above-normal” activity in the Atlantic basin this hurricane season, typically lasting June...

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Kia Recalls Over 450,000 Vehicles Due to Fire Risk - Kia America is recalling nearly 463,000 Telluride SUVs due to concerns that the front seats may catch on fire. The recall applies to model year 2020-2024 vehicles....

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CVSA Reveals 2024 Focus for Upcoming Operation Safe Driver Week - Operation Safe Driver Week-an annual campaign conducted by the Commercial Vehicle Safety Alliance (CVSA)-will take place from July 7-13, 2024. This year’...

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June is National Safety Month - June is National Safety Month. This campaign, put together by the National Safety Council (NSC), highlights efforts to prevent injuries and deaths inside and outside the workplace. It...

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Casualty Claims Severity Significantly Outpacing Economic Inflation - Claims costs for commercial auto, professional liability, product liability and directors and officers liability insurance have exceeded economic...

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Study Shows 40% of Insured Workers Delay Health Care Due to Cost - A study by employee health payment platform Paytient revealed the challenges Americans face with employer-sponsored insurance. Notably, 40% of workers...

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- Workplace Fatalities Up 5.7% According to Bureau of Labor Statistics - The U.S. Bureau of Labor Statistics (BLS) recently released its 2022 national census of fatal occupational injuries. The census, which represents...

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- House Passes Bipartisan Act to Lower Health Care Costs and Increase Price Transparency - On Dec. 11, 2023, the U.S. House of Representatives passed landmark bipartisan legislation to lower the cost of health care and...

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Q2 P&C Industry Combined Ratio, Net Income at Worst Levels Since 2011 - Mounting underwriting losses pushed second-quarter property/casualty insurance industry net income and profitability to the worst levels since...

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- - EEOC Significantly Increased Discrimination Lawsuits in FY 2023 - Preliminary data from the U.S. Equal Employment Opportunity Commission (EEOC) showed that the agency filed 50% more employment discrimination...

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The National Safety Council recognizes April as Distracted Driving Awareness Month. This event is intended to raise awareness about the dangers of distracted driving and encourage motorists like you to minimize...

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Congress has passed the PPP Extension Act of 2021, a 60-day extension of the U.S. Small Business Administration’s (SBA) Payment Protection Program (PPP), which was set to expire on March 31. President Joe Biden signed...

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