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A Danville city employee, Claude Averett, is getting another chance to claim workers’ compensation after a deputy commissioner initially denied his benefits. The rejection came because Averett did not follow the city’s driver safety rules during a work-related accident. Averett doesn’t deny that he broke the rules. On the day of the crash, he didn’t … Read more

Almost half of workers who have a rough start in their new job plan to quit within six months, according to a recent report highlighting serious flaws in how companies onboard new employees. The Software Finder study found a clear link between a company’s onboarding process and how long new hires want to stick around. … Read more

An insurance company supported by billionaire Todd Boehly has lost nearly a third of its market value after revealing it relies heavily on one key business partner. Accelerant, a firm based in the Cayman Islands that went public in New York this July, disclosed to investors that most of its third-party premiums come from Hadron, … Read more

Neptune Flood, a Florida-based private flood insurer known for using technology to speed up insurance processes, has announced plans to go public on the New York Stock Exchange. This step comes as investors show more interest in profitable insurance companies with strong growth potential. Started in 2016 by industry veterans Jim Albert and Bill Martin, … Read more

Starting this Saturday, passengers flying in China will no longer be allowed to bring power banks on board unless they carry a specific Chinese safety mark. The country’s aviation authority has ordered a ban on power banks that lack the “3C” certification, which shows they meet China’s safety rules. The ban also includes power banks … Read more

Oregon lawmakers have decided to repeal the state’s wildfire hazard map, a move that changes how fire risk is managed for homeowners in certain high-risk areas. The map, which had placed stricter rules on building and vegetation near homes, especially in wildland-urban interface zones, will no longer be the basis for statewide regulations. The repeal … Read more

The insurance industry is going through big changes. New technology like artificial intelligence, changing customer needs, and tough competition for skilled workers are shaking up the way people work. But simply offering good pay and chances to move up the ladder isn’t enough anymore. Many employees want to feel connected and valued at work. Jhan … Read more

Flood risks are growing fast in the U.S., and many commercial property owners may not be fully prepared. Flood damage costs now average $32.1 billion a year and are expected to rise to $40.6 billion by 2050, according to a 2022 study from the University of Bristol. This is a worrying trend for businesses who … Read more

The US homebuilding market is set to grow in 2025, but the way homes are being built and the types of buyers involved are changing. Instead of large, customized homes, builders are focusing more on smaller, affordable houses aimed at first-time buyers. Chadd Folkes, CEO of Risksmith Residential Solutions, says younger buyers want homes that … Read more

MS Amlin and Allianz Commercial have both announced key appointments that highlight their focus on growth and expertise within the insurance sector. MS Amlin, part of the global MS&AD insurance group, has brought on Gisela Nilsson as their new senior underwriter for political violence. Nilsson joins from Talbot Underwriting, where she spent years leading a … Read more