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How the “silver tsunami” is driving costlier, longer, and more complex workers’ comp claims
Posted inInsurance

How the “silver tsunami” is driving costlier, longer, and more complex workers’ comp claims

While older workers bring critical experience, reliability, and institutional knowledge, they also present new challenges for employers and insurers in the form of higher workers’ compensation claim severity, longer recovery…
Posted by fastnewsbreak June 5, 2025
Chinese Hacked US Telecom a Year Before Known Wireless Breaches
Posted inInsurance

Chinese Hacked US Telecom a Year Before Known Wireless Breaches

Corporate investigators found evidence that Chinese hackers broke into an American telecommunications company in the summer of 2023, indicating the country’s attackers penetrated the US communications system earlier than publicly…
Posted by fastnewsbreak June 5, 2025
Patriot Growth Expands With Brennan & Co. Insurance Agency in Georgia
Posted inInsurance

Patriot Growth Expands With Brennan & Co. Insurance Agency in Georgia

Brennan & Co. insurance agency, based in Savannah, Georgia, is now part of Patriot Growth Services, a brokerage and insurance services firm that has grown rapidly since its founding in…
Posted by fastnewsbreak June 5, 2025
SC Party Boat Shooting Victim Lawyer Says No One Checked IDs or For Weapons
Posted inInsurance

SC Party Boat Shooting Victim Lawyer Says No One Checked IDs or For Weapons

No one was checking IDs or for weapons before a party boat cruise that ended with a shooting that hurt 11 people in South Carolina over Memorial Day weekend, a…
Posted by fastnewsbreak June 5, 2025
Burning Ship Abandoned in Pacific Carried Several Chinese Car Brands
Posted inInsurance

Burning Ship Abandoned in Pacific Carried Several Chinese Car Brands

A cargo ship that was abandoned in the middle of the Pacific Ocean after catching fire Tuesday was carrying cars from several Chinese automakers, according to people familiar with the…
Posted by fastnewsbreak June 5, 2025
Tax Bill’s Bid to Ban New AI Rules Faces Bipartisan Blowback
Posted inInsurance

Tax Bill’s Bid to Ban New AI Rules Faces Bipartisan Blowback

A Republican attempt to block states from enforcing new artificial intelligence rules over the next decade has drawn growing bipartisan objections, exposing tension in Washington over allowing for more unchecked…
Posted by fastnewsbreak June 5, 2025
Trucordia gets $1.3 billion investment from Carlyle Group
Posted inInsurance

Trucordia gets $1.3 billion investment from Carlyle Group

Carlyle executives said the firm views Trucordia as well-positioned within the insurance distribution sector. Andreas Boye, partner and head of Carlyle Credit Opportunities in North America, cited the company’s management…
Posted by fastnewsbreak June 5, 2025
NOAA ‘Fully Staffed’ With Forecasters, Scientists, US Commerce Secretary Says
Posted inInsurance

NOAA ‘Fully Staffed’ With Forecasters, Scientists, US Commerce Secretary Says

U.S. Commerce Secretary Howard Lutnick told a Senate hearing that the National Oceanic and Atmospheric Administration (NOAA) is “fully staffed” with weather forecasters and scientists after concerns were raised about…
Posted by fastnewsbreak June 5, 2025
Kennedys reports 13% revenue growth, eyes US$1 billion by 2030
Posted inInsurance

Kennedys reports 13% revenue growth, eyes US$1 billion by 2030

John Bruce (pictured), senior partner at Kennedys, attributed the growth to strategic decisions, including new office openings and leadership changes. He outlined the firm’s target to reach US$1 billion (£736.7…
Posted by fastnewsbreak June 5, 2025
Agents Must Take the Lead on Personal Cyber Coverage, Report Says
Posted inInsurance

Agents Must Take the Lead on Personal Cyber Coverage, Report Says

While major corporate cyber hacking makes the news nearly every day, what about hackers in homes? As personal lives and residences become more intertwined with the internet, consumers are at…
Posted by fastnewsbreak June 5, 2025

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