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A worker tragically lost their life at a Twinsburg, Ohio facility after Clean Harbors Environmental Services Inc. failed to follow key safety rules. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) stepped in and found that the company didn’t properly ventilate a confined space filled with organic chemical residue. This lack of … Read more

The California Department of Insurance (CDI) has given the green light to the state’s first wildfire catastrophe model, signaling a big change in how property insurance rates will be set. Developed by Verisk’s Extreme Event Solutions, this new tool helps insurers assess wildfire risks more accurately as part of California’s effort to fix its growing … Read more

For many homeowners, sudden big jumps in insurance premiums are a tough pill to swallow. When extreme weather events like hailstorms or wildfires hit hard, insurance companies often raise rates sharply to cover those costs. This kind of rate shock can leave customers feeling frustrated and blindsided. It also puts insurers under pressure from regulators … Read more

The trucking and logistics world is facing a major problem: not enough drivers. The American Trucking Association says the industry needs to hire about 1.1 million new drivers over the next ten years just to keep up with demand. This shortage is causing headaches for companies trying to keep deliveries on time and customers happy. … Read more

Artificial intelligence is set to play a major role in shaping the insurance industry’s future. But many in the sector remain uncertain about how insurance will handle and price the risks that come with AI. Andrea Ward, senior vice president of casualty at CRC Insurance Services, says the industry is underestimating the potential risks AI … Read more

Eric Paglieri, head of environmental for North America at AXIS, recently shared his insights on how the environmental risk landscape is changing and the challenges the market is currently facing. Speaking on IBTV’s environmental insurance special, Paglieri highlighted shifting risks, new regulations, and strategies to improve outcomes in this evolving area. He discussed how environmental … Read more

Commodity traders are facing a wave of new challenges as political and economic risks rise across the globe. Issues like military conflicts, changing tariffs, and supply chain troubles are shaking up how goods move worldwide. A recent report by Willis, part of WTW, looks at these risks and what they mean for the trading world. … Read more

Tesla is facing a tough stretch in California, with its new car registrations dropping for the seventh straight quarter. A recent report from the California New Car Dealers Association shows that Tesla registrations fell by 18.3% in the first half of 2025 compared to the same period last year. This decline also caused Tesla’s market … Read more

The U.S. Environmental Protection Agency (EPA) is preparing to reverse a key scientific finding that has been the backbone of the country’s climate rules for over a decade. Sources close to the matter told Reuters the agency plans to undo its 2009 conclusion that greenhouse gases pose a threat to public health. This move would … Read more

Illinois Attorney General Kwame Raoul’s office has reached a $600,000 settlement with Wonolo Inc., a staffing company accused of misclassifying workers who found temporary jobs through its online platform. The agreement addresses claims that Wonolo treated many workers as independent contractors instead of employees and failed to pay them properly. The investigation found that workers … Read more