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U.S. Homeowners Insurance Rates Rose 40.4% in Six Years, LendingTree Report Shows
U.S. homeowners insurance rates rose 40.4% over the past six years, with the biggest increases hitting in the last two years, a new report shows. LendingTree’s 2025 State of Home Insurance Report shows rates from 2019 through 2021 remained stable, … Source: Claims Journal
Read MoreCompany Fined, Sentenced for Violating OSHA Rule Leading to Worker’s Death
A company with a manufacturing facility in Ohio was sentenced to pay a $500,000 fine after pleading guilty to willfully violating an Occupational Safety and Health Administration rule. In addition to the fine, the company will serve two years of … Source: Claims Journal
Read MoreUS Agency Streamlining Self-Driving Car Exemption Reviews
The National Highway Traffic Safety Administration on Friday said it was streamlining reviews of requests filed by automakers seeking to deploy self-driving vehicles without required human controls like steering wheels, brake pedals or mirrors. NHTSA has authority to grant petitions … Source: Claims Journal
Read MoreWith Retail Cyberattacks on The Rise, Customers Find Orders Blocked And Shelves Empty
A string of recent cyberattacks and data breaches involving the systems of major retailers have started affecting shoppers. United Natural Foods, a wholesale distributor that supplies Whole Foods and other grocers, said this week that a breach of its systems … Source: Claims Journal
Read MoreFord Struggles With Supply of Rare Earth Magnets, CEO Says
Ford Motor Co.is struggling with supplies of rare earth magnets, the automaker’s CEO Jim Farley told Bloomberg News in an interview on Friday. China, which controls more than 90% of global rare earth processing capacity, imposed new export licensing rules … Source: Claims Journal
Read MoreUS Court Blocks CFPB Move to Scrap Racial Discrimination Settlement
A federal judge in Chicago on Thursday refused to allow the U.S. Consumer Financial Protection Bureau to vacate a racial discrimination settlement reached last year with a mortgage lender, finding there was no basis for granting an extraordinary request. The … Source: Claims Journal
Read MoreAI Risks, Climate And Legislation Lead Verisk’s Emerging Issues Bracket
College basketball turned heads in March. Now, we’re have the final rounds of Verisk’s emerging issues bracket that could hold the attention of insurance pros for years to come. Source: Claims Journal
Read MoreGoogle Sues Airlines Over Brazilian YouTube Video Dispute
Google sued Chile-based LATAM Airlines in U.S. federal court on Thursday, seeking a declaration that Brazilian courts cannot force the tech giant to take down a YouTube video in the U.S. that accused a LATAM employee of sexually abusing a … Source: Claims Journal
Read MoreReport Shows Homeowners Aware of Risks, But Few Take Action
Awareness of the need for greater home safety is on the rise, but many U.S. homeowners are still vulnerable to risks like water damage, wind, hail, and fire, according to a new report from The Hanover Insurance Group. Many homeowners … Source: Claims Journal
Read MoreExperts: Trump’s Plan to Begin ‘Phasing Out’ FEMA After Hurricane Season Burdens States
President Donald Trump’s plan to begin “phasing out” the federal agency that responds to disasters after the 2025 hurricane season is likely to put more responsibilities on states to provide services following increasingly frequent and expensive climate disasters, experts said. … Source: Claims Journal
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