New Exoskeleton System Said to Reduce Back and Strain Injuries by Almost Two-Thirds
An exoskeleton system developed initially by Vanderbilt University researchers decreased strain, sprain and lifting injuries by as much as 62% over months of study, signaling a way to reduce some of the most common workers’ compensation claims. The HeroWear company, …
POSTED JANUARY 23, 2026 4:19 PM |
Sweeping US Winter Storm Threatens Blackouts and Snarled Travel
A vast swath of the US — sweeping east from the Southern Rockies to the Mid-Atlantic and New England — is on alert for winter-storm conditions that could last days, disrupting travel and threatening blackouts. By Friday evening, a mix …
POSTED JANUARY 23, 2026 4:01 PM |
Pacific Life Seeks to Dismiss Kyle Busch’s $8.5M Lawsuit Over Insurance Policies
Pacific Life Insurance Company on Thursday asked a federal court to dismiss the $8.5 million lawsuit filed by NASCAR champion Kyle Busch and his wife over policies the Buschs claim were sold to them under false and negligent representations as …
POSTED JANUARY 23, 2026 3:42 PM |
People Moves: Starwind Marine and Energy Announces Leadership Appointments
Starwind Specialty Insurance Services, a CRC Group division, announced a series of leadership appointments within Starwind Marine and Energy that further strengthen its long-term strategy for growth and technical excellence across the marine and energy sectors. The appointments took effect …
POSTED JANUARY 23, 2026 3:26 PM |
People Moves: Coterie Appoints Seich as Chief Revenue Officer
Coterie Insurance, a small business MGA, announced Mark Seich as the company’s new Chief Revenue Officer overseeing revenue strategy across distribution, agency engagement, marketing, and customer experience. Seich served as VP of Marketing & Distribution at The Philadelphia Contributionship, where …
POSTED JANUARY 23, 2026 3:17 PM |
Hot Sauce Company Sues Manufacturer Over Exploding Bottles
A product liability dispute is bubbling between a popular salsa and hot sauces company and its manufacturer. Iowa-based Lola’s Fine Sauces alleges in a lawsuit that it lost several hundred thousand dollars after customers complained that Lola’s bottled products bubbled, …
POSTED JANUARY 23, 2026 3:10 PM |
Prudential Japan Pledges Reforms After Widespread Misconduct
Prudential Financial Inc.’s Japan insurance head vowed to bolster governance after revelations that improper actions by more than 100 current and former staff cost customers about $20 million. The chief executive officer of the unit, Kan Mabara, “deeply” apologized for …
POSTED JANUARY 23, 2026 3:10 PM |
Port of Los Angeles December Imports Fell 8% From Year Earlier
The Port of Los Angeles handled 424,499 20-foot equivalent units of imports in December, down 8% from the year earlier, according to data released by the nation’s busiest seaport on Thursday. Related: EU ‘Fully Prepared’ to Hit Back Over Trump’s …
POSTED JANUARY 23, 2026 2:43 PM |
Pennsylvania High Court Quashes Challenge to Uber’s ‘Clickwrap’ Arbitration Agreement
The Pennsylvania Supreme Court has vacated a lower appeals court ruling that had found ride-hailing firm Uber’s “clickwrap” mandatory arbitration agreement unenforceable because it would deprive a husband and wife of their right to a jury trial for their injury …
POSTED JANUARY 23, 2026 2:19 PM |
Munich Re May Trim Headcount Through Voluntary Buyouts at Ergo Insurance Unit
German reinsurer Munich Re is planning to reduce jobs through attrition but may turn to voluntary buyouts at its ERGO insurance unit, CEO Christoph Jurecka said. Speaking to journalists on Thursday evening in Munich, Jurecka said that natural fluctuation “may …
POSTED JANUARY 23, 2026 2:19 PM |
France Reports Second Baby Death Amid Tainted Formula Crisis
French authorities received a report of a second infant death, as a tainted formula crisis that’s engulfed Nestlé SA, Danone SA and Groupe Lactalis widens. Both babies drank formula that has been recalled, the French health ministry said in a …
POSTED JANUARY 23, 2026 2:11 PM |
Another Russian Shadow Fleet Oil Tanker Runs Into Difficulties
An oil tanker that’s under sanction for its role in transporting Russian oil appears to have run into trouble off the coast of Algeria and is now drifting in the Mediterranean Sea, according to tracking data compiled by Bloomberg. The …
POSTED JANUARY 23, 2026 1:42 PM |
People Moves: Burns & Wilcox Promotes Leaders Nationwide
Burns & Wilcox, headquartered in Farmington Hills, Michigan, transitioned several of its professionals into new leadership positions. Sam Carson, formerly vice president, operations, is now vice president & managing director with responsibilities for the Burns & Wilcox offices in Chicago, …
POSTED JANUARY 23, 2026 1:39 PM |
Poll: Most Americans Believe Cities Will Be Lost to Rising Sea Levels
Many Americans believe climate change climate change is likely to cause some cities to be lost to rising sea levels, and they also expect mass displacement of people and serious damage to the global economy, a new poll shows. A …
POSTED JANUARY 23, 2026 1:36 PM |
France Boards Russia-Linked Oil Tanker in Shadow Fleet Move
France’s navy boarded an oil tanker coming from Russia into the Mediterranean Sea, as part of a global crackdown on shadow fleet ships used to export sanctioned crude. The operation was carried out on the high seas, with the support …
POSTED JANUARY 23, 2026 1:04 PM |
Egan-Jones Ratings No Longer Recognized by Bermuda Regulator
Egan-Jones Ratings Co. has been removed from the Bermuda Monetary Authority’s list of recognized credit ratings providers, according to recent guidance from the watchdog. The regulator is no longer listing Egan-Jones among the ratings providers that can inform an insurer’s …
POSTED JANUARY 23, 2026 12:43 PM |
Big North European Investors Reassess US Exposure as Geopolitical Risk Mounts
Big Northern European investors are increasingly wary of the risks of holding U.S. assets in the face of geopolitical tensions, pensions chiefs told Reuters, a sign of a broadening shift away from the world’s biggest financial market. A top investment …
POSTED JANUARY 23, 2026 11:57 AM |
Commercial Lines Market Overall Remains Firm, Says Ivans
Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to fourth quarter 2025 results of the Ivans Index. “The commercial insurance market remains firm overall, though renewal trends suggest it is gradually moving off the …
POSTED JANUARY 23, 2026 6:36 AM |
AI Data Center Boom Risks Roiling Global Carmaker Supply Chains
The auto sector is bracing for yet another potential supply chain disturbance, this time spurred by the rush to build data centers that train and develop artificial intelligence models. A shortage of memory chips caused by the data center boom …
POSTED JANUARY 23, 2026 6:30 AM |
20,000 AI Users at Travelers Prep for Innovation 2.0; Claims Call Centers Cut
Days after announcing a deal to equip 10,000 engineers and data scientists at Travelers with AI assistants, the insurance company’s leader detailed “differentiating domain expertise” around data and technology, which fuel long-term profit growth for the insurer. Travelers Chief Executive …
POSTED JANUARY 23, 2026 6:07 AM |
Security First Latest Florida Insurer to Roll Back HO3 Rates
Hot on the heels of a significant rate cut in December, Florida’s Security First Insurance has announced another average decrease for one of its homeowners products. The use-and-file decrease will average about 5.2% for the carrier’s Signature+ HO3 policies, a …
POSTED JANUARY 23, 2026 6:02 AM |
Washington Bill Granting Restitution to Insurance Consumers Passes State Senate
A bill to provide restitution to policyholders harmed by their insurer or agent passed the Washington Senate on Wednesday on a 29 to 20 vote. The bill, sponsored by Insurance Commissioner Patty Kuderer and sponsored by Senator Adrian Cortes (D–Battle …
POSTED JANUARY 23, 2026 6:00 AM |
Relation Insurance Acquires PT Business Solutions in California
Relation Insurance Services has acquired the assets of PT Business Solutions in South Pasadena, California. PT Business Solutions is a provider of employee benefit, HR, payroll, workers’ compensation and group retirement plans. The agency has been serving clients since 2003. …
POSTED JANUARY 23, 2026 6:00 AM |
New Jersey Announces $16 Million More in Medical Debt Relief
In the state’s seventh round of medical debt relief, outgoing Governor Phil Murphy announced that nearly 14,000 New Jersey residents will see almost $16 million in medical bills abolished. The relief is a result of the state’s ongoing partnership with …
POSTED JANUARY 23, 2026 6:00 AM |
Estee Lauder Sued by Beauty Tech Startup for Alleged Theft
Estee Lauder was sued by a self-described “disruptive” startup that accused the cosmetics giant of effectively putting it out of business by stealing technology to boost sales from jet-setting travelers in hotels. In a complaint filed on Friday night in …
POSTED JANUARY 23, 2026 6:00 AM |