A five-year partnership between Nationwide Insurance and KINETIC Technology is helping reduce workplace injuries through wearable sensors, with the Mid-Ohio Food Collective serving as a successful implementation case study that demonstrates how smart technology can improve worker safety in physically demanding environments.
AM Best warns that favorable investment environment may discourage necessary rate actions as tort reform changes and social inflation drive claims severity.
Allianz report shows 75% decline in vessel losses over past decade, but warns new challenges from conflicts, cargo theft and alternative fuel transition could offset safety gains.
The workers’ compensation insurance industry posted an 86% combined ratio in 2024—marking its 11th straight year of underwriting gains, according to NCCI’s State of the Line report.
AI is increasingly used by traders to make fast decisions and maximize profits, but the speed of these decisions and the lack of human oversight means that the ripple effects of just a few transactions can quickly amplify and send markets into a tailspin.
As mental health takes center stage in both workplace culture and public policy, the workers’ compensation industry must evolve to meet new challenges in claims management, causation, and care coordination.
Creating truly safe roads requires a comprehensive approach that addresses vehicle technology, transportation policy and the risky behaviors that contribute to these preventable tragedies.
The Massachusetts Supreme Judicial Court ruled that a man who contracted COVID-19 while working as a utility lineman was entitled to receive workers’ compensation benefits.