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Workplace safety has come a long way in the last century, largely due to new technologies and a shift towards a service-oriented economy. However, mental health has become a crucial issue in workers’ compensation. As of January 2024, 31 states and the District of Columbia now allow workers to file claims for mental health conditions … Read more

Marsh McLennan has reported strong financial results for the first quarter of 2025, with consolidated revenue reaching $7.1 billion. This marks a 9% increase compared to the same period last year, and a 4% rise when looking at organic growth alone. The company’s operating income for the quarter stood at $2.0 billion, which is slightly … Read more

The New Hampshire Insurance Department (NHID) has issued a new bulletin to clarify how insurance companies should handle virtual claims adjustments for automobile damage. This guidance comes as more insurers are using photos and videos from customers or repair shops instead of doing in-person inspections. DJ Bettencourt, the state’s insurance commissioner, emphasized that while these … Read more

A man was arrested outside the UnitedHealthcare headquarters in Minnetonka, Minnesota, after making threats and claiming he had a loaded gun. The 26-year-old, who has a history of mental health issues, was charged with felony firearm offenses and making threats of violence. On Monday morning, the man called the FBI and informed them that he … Read more

Over ten years after Washington and Colorado led the way in legalizing recreational marijuana, the cannabis industry has grown significantly. What began as a small market is now a billion-dollar sector in the United States. This rapid growth has brought a variety of new products to mainstream retail, including psychoactive items that range from pharmaceuticals … Read more

QBE Insurance Group is off to a strong start in 2025, maintaining its full-year guidance despite facing challenges like high catastrophe-related losses and market volatility. The company reported an 8% increase in gross written premiums for the first quarter, which ended in April. This growth is attributed to a combination of rate increases and a … Read more

Many people thought the demand for recall insurance would skyrocket, but that hasn’t happened yet. Despite years of challenges in supply chains and changes in regulations, the market for recall insurance remains slow to grow, especially for smaller manufacturers. Robert Balogh, an executive at Amwins, noted that while the potential for growth is there, it … Read more

A federal judge has stepped in to halt a controversial requirement from the U.S. Department of Labor that would force government contractors and grant recipients to certify they are not running any diversity, equity, and inclusion (DEI) programs that might violate anti-discrimination laws. This ruling came from Judge Matthew Kennelly of the U.S. District Court … Read more

One of Florida’s largest citrus growers, Alico, Inc., is making a significant shift by planning to develop a new community in southwest Florida. This announcement comes just months after the company revealed it would end its citrus operations at the close of this season. Alico has submitted a development application for the first of two … Read more

Manulife Financial Corporation has reported its earnings for the first quarter of 2025, revealing a slight dip in core earnings. The company posted core earnings of CA$1.8 billion, which is about US$1.3 billion. This marks a 1% decrease compared to the same period last year when adjusted for currency fluctuations. The net income attributed to … Read more