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Hawaii Lawmakers Pass HECO Bill to Invest in Wildfire Mitigation
Hawaii lawmakers this week passed a bill intended to help shore up Hawaiian Electric Co.’s credit rating despite strong opposition from House and Senate committee chairs who helped vet the measure. The bill would impose a new fee on HECO …
POSTED MAY 02, 2025 7:39 PM |
Lawmakers in 3 States Want to Roll Back Paid Sick Leave Benefits
Voters in Alaska, Missouri and Nebraska were asked last year whether they wanted to require employers to provide paid sick leave to their workers. They overwhelmingly said yes. Now some lawmakers in each of those states are trying to roll …
POSTED MAY 02, 2025 4:23 PM |
Texas Mutual Approves $330M General Dividend Distribution
Texas Mutual Insurance Company announced that its board of directors voted unanimously to approve a $330 million general dividend distribution in 2025. Texas Mutual, the state’s top provider of workers’ compensation insurance will have distributed more than $1 billion in …
POSTED MAY 02, 2025 4:15 PM |
JD Power: Drivers Keep Shopping Even as Auto Insurance Price Increases Slow
Even as auto insurance rates level out, drivers are still looking for a better deal. The rate of U.S. auto insurance premium price increases slowed to less than 2% at the end of 2024, down from 13% at the beginning …
POSTED MAY 02, 2025 3:56 PM |
This Texas E&S Carrier is Implementing Natural Language Processing
At AM Specialty Insurance Co., Nishad Lad, head of data and software development, has been placed at the forefront of transforming the Dallas, Texas-based excess and surplus carrier’s claims processing with new technologies. His team has implemented an array of …
POSTED MAY 02, 2025 3:55 PM |
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