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News

Insurance Business
insurancebusinessmag.com > us > news > benefits > one-in-three-employer-compensation-dollars-now-goes-to-benefits-589332.aspx

One in three employer compensation dollars now goes to benefits

4+ day, 1+ hour ago   (295+ words) Benefits now account for exactly 30 percent of what private-sector employers pay per hour worked - $14.07 of a $46.89 total, according to the Bureau of Labor Statistics' Employer Costs for Employee Compensation (ECEC) report for June. Wages made up the remaining 70 percent, at…...

KFI AM 640
kfiam640.iheart.com > content > 2026-09-09-la-county-probing-farmers-insurance-over-wildfire-survivor-claims

LA County Probing Farmers Insurance Over Wildfire Survivor Claims

4+ day, 5+ hour ago   (470+ words) LOS ANGELES (CNS) - Los Angeles County is investigating Farmers Insurance Company's handling of insurance claims filed by policy holders affected by the January 2025 Eaton and Palisades Fires, officials announced Unfair Competition Law and ``follows growing complaints from residents about delays,…...

The Miami Times
miamitimesonline.com > business > florida-employers-could-see-a-7-4-average-reduction-in-workers-comp-costs > article_e8503a25-6c04-4e73-a8d1-f3c5a8c98f49.amp.html

Florida employers could see a 7.4% average reduction in workers’ comp costs

2+ week, 6+ day ago   (429+ words) Florida employers could see another round of decreases in the costs of their workers’ compensation insurance. The National Council on Compensation Insurance (NCCI) is recommending that workers’ compensation rates be reduced by an average 7.4% beginning Jan 1, 2027. NCCI is the licensed…...

Jamaica Gleaner
jamaica-gleaner.com

Guardian approaches 80% settlement rate on Melissa claims

3+ week, 2+ day ago   (275+ words) Jamaica Gleaner Regional insurance provider Guardian Holdings Ltd has settled more than 70 per cent of insurance claims arising from Hurricane Melissa, Group CEO Ian Chinapoo said last Friday. “So, as of June, we were in the region of 70 per cent....

Risk & Insurance
riskandinsurance.com > california-court-rules-policyholders-can-sue-excess-insurers-before-lower-coverage-exhausted

California Court Rules Policyholders Can Sue Excess Insurers Before Lower Coverage Exhausted

3+ week, 6+ day ago   (304+ words) California’s Supreme Court issued a significant ruling clarifying when policyholders may pursue legal claims against excess insurers before the underlying layers of coverage have been fully exhausted. The case arose from a business dispute between the cofounders of Fox Paine…...