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NCCI: Workers’ Comp Calendar Year Combined Ratio at 91; Accident Year CR 102
U.S. workers’ compensation net written premium decreased 0.2% in 2025, according to the National Council on Compensation Insurance. NCCI reported that while the calendar year 2025 combined ratio for workers’ compensation is 91 (compared with 86 the prior year), the … Source: Claims Journal
Read MoreFlorida Surplus Lines’ HO Premiums Now Average About the Same as Admitted Market
The cost of a surplus-lines homeowners’ policy in Florida is now about the same as admitted-market HO policies, reflecting the growing trend for excess and surplus firms across the state and beyond, recent reports show. The Florida Surplus Lines Service … Source: Claims Journal
Read MoreFlorida Surplus Lines’ HO Premiums Now Average About the Same as Admitted Market
The cost of a surplus-lines homeowners’ policy in Florida is now about the same as admitted-market HO policies, reflecting the growing trend for excess and surplus firms across the state and beyond, recent reports show. The Florida Surplus Lines Service … Source: Claims Journal
Read MoreUS Forecaster Says El Niño Has 82% Chance of Developing by July
El Niño is likely to develop soon, with an 82% probability during May-July 2026, the U.S. Climate Prediction Center said on Thursday. El Niño is expected to continue through the Northern Hemisphere winter, with a 96% chance in December 2026-February … Source: Claims Journal
Read MoreUS Forecaster Says El Niño Has 82% Chance of Developing by July
El Niño is likely to develop soon, with an 82% probability during May-July 2026, the U.S. Climate Prediction Center said on Thursday. El Niño is expected to continue through the Northern Hemisphere winter, with a 96% chance in December 2026-February … Source: Claims Journal
Read MoreUS Farmers Dial Crop Adjusters as Wild Weather Hammers Wheat
From drought to ping-pong size hail and unseasonable warmth, weather extremes have wheat farmers reaching for their phones to ring their insurance adjusters to assess the viability of their crops. Oklahoma farmer Dennis Schoenhals made the call a few weeks … Source: Claims Journal
Read MoreOpenAI Floats Idea of Global AI Governance Body With US, China
OpenAI would support the creation of a global governance body for artificial intelligence led by the U.S. and including China as a member, a top company executive said, hours before the start of President Donald Trump’s high-stakes meeting with Chinese … Source: Claims Journal
Read MoreAI Tool Predicts Airport Traffic to Avert Devastating Collisions
Newswise — In managing airport traffic, small errors can cause catastrophe. A group from the CMU Robotics Institute’s AirLab used the Pittsburgh Supercomputing Center’s Bridges-2 supercomputer to create World2Rules, an AI that draws from airport data and historical crash reports … Source: Claims Journal
Read MoreNew Zealand Plans Law Change to Stop Private Climate Lawsuits
New Zealand’s government said on Tuesday it would change climate legislation to prevent courts from finding companies liable in private cases for climate change-related harm caused by greenhouse gas emissions. Justice Minister Paul Goldsmith said the government would amend the … Source: Claims Journal
Read MoreOdey Settles Sexual Assault Cases Ahead of London Trial
Hedge fund boss Crispin Odey has settled a handful of personal injury claims brought by women claiming sexual assault. Odey bought an end to the claims ahead of a London trial due to start next month, according to a lawyer … Source: Claims Journal
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