Liberty Mutual’s latest Workplace Safety Index has found that workplace accidents cost U.S. employers about $58.8 billion annually. The top 10 causes of injuries account for 86% of those costs, or $50.87 billion. The index marks its 25th year identifying …

One year after American Coastal Insurance went through a regulator-forced shakeup in leadership, the Florida-based carrier’s holding company has received a slight upgrade in its debt rating from KBRA, producing a savings on interest expenses. “We are proud to have …

Alaska Air Group Inc. continued to recover on Monday after temporarily grounding its entire fleet due to a data center equipment failure that affected several of the carrier’s key operating systems. Eighty-three Alaska Air flights, or about 9% of its …

Tesla Inc. is set to face off with the California Department of Motor Vehicles over claims that the company has exaggerated the capabilities of its Autopilot and Full Self-Driving technology and misled consumers. The stakes are high at a five-day …

Oldenburg Joins Alliant Insurance Services as Senior Vice President in Portland, Oregon Andy Oldenburg joined Alliant Insurance Services as senior vice president within its Alliant Americas division. Based in Portland, Oregon, Oldenburg will provide a strategic risk and insurance services …

A former chief executive of two clothing technology companies was released on $1 million bail Friday after pleading not guilty to charges alleging she cheated investors of over $300 million over the past six years. Christine Hunsicker, 48, of Lafayette, …

A last-minute settlement between Meta Platforms shareholders and the company’s leadership last week ended an $8 billion trial and spared Mark Zuckerberg from testifying about alleged violations of Facebook users’ data. It also took the heat off the state of …

A tenth person has died after a fire that tore through an assisted-living facility in Massachusetts last weekend, officials confirmed on Saturday. Brenda Cropper, 66, died at a hospital Friday, according to Bristol County District Attorney Thomas M. Quinn III. …

President Donald Trump filed a $10 billion lawsuit against The Wall Street Journal and media mogul Rupert Murdoch Friday, a day after the newspaper published a story reporting on his ties to wealthy financier Jeffrey Epstein. The move came shortly …

Los Angeles sued Airbnb, accusing the home rental company of allowing price gouging affecting at least 2,000 properties during January’s wildfires in Southern California, City Attorney Hydee Feldstein Soto said on Friday. According to a complaint filed in Los Angeles …

Encova Insurance Names Two New Senior Leadership Team Members Encova Insurance Executive Vice President and Chief Strategy Officer John Kessler will retire at the end of 2026 after more than 40 years of dedicated service to the company. As part …

Illinois has one of the nation’s worst problems with child sex abuse at juvenile detention centers, attorneys representing more than 900 survivors who have filed lawsuits said Wednesday. Dozens of complaints, including several filed this week in Chicago, allege decades …

The Cayman Islands Monetary Authority (CIMA), which represents the international insurance industry in the British overseas territory, reported that licenses have been approved for 21 new international insurers during the first half of this year. Between April and June, CIMA …

Flood insurer Neptune Flood said recently it secured over $400 million in premium capacity and has launched in Alaska to officially become available in all 50 states. Neptune said its capacity panel now includes more than 30 insurance and reinsurance …

A former Tennessee insurance agent who lost his license in 1999 but continued to sell insurance products has been sentenced to 10 years in prison. Most of that jail time was suspended by a judge. Johnny Ray Jackson, 55, of …

This edition of International People Moves details appointments at Aon and AXA XL. A summary of these new hires follows here. Aon Appoints Key Leaders in EMEA Commercial Risk Team Insurance broker Aon plc announced several key leadership appointments within …

President Donald Trump has moved to install a Republican majority at the federal board that hears private-sector labor disputes and oversees union elections, which has been paralyzed by his unprecedented firing of a Democratic member. The White House sent the …

King Risk Partners, a national insurance brokerage with home offices in Gainesville, Florida, has acquired Cummings Insurance Agency in Aiken, South Carolina. Cummings, founded in 2014, has specialized in agricultural and equestrian clients, the companies said in a news release. …

Communities along a 700-mile stretch of Alaska’s southern coast ordered residents to higher ground after a powerful offshore earthquake Wednesday, but officials quickly downgraded and then canceled a tsunami warning for the region. There were no reports of significant damage. …

The European Commission set out guidelines on Friday to help AI models it has determined have systemic risks and face tougher obligations to mitigate potential threats comply with European Union artificial intelligence regulation (AI Act). The move aims to counter …