Recent headlines from the active RSS feeds selected in the AgentsRVA admin.
Medical payments for lost-time workersâ compensation claims rose 3.1% in the states most exposed to the 2023-2024 Medicaid âunwinding,â with no corresponding change in claim frequency, indemnity benefits, temporary disability duration or attorney involvement, according to a Workers Compensation Research Institute analysis of claims data from 31 ...
Improved physical damage performance and easing loss reserve development pushed commercial auto underwriting metrics to their best level in a decade, according to AM Best. The post Commercial Auto Underwriting Results Show Signs of Long-Awaited Improvement: AM Best appeared first on Risk & Insurance.
Insurance fraud costs the economy billions per year, yet tools are available to fight fraud effectively. The post A Fraud Prevention Discussion with Rich Ives and Todd Mattiello of Travelers appeared first on Risk & Insurance.
The key points The Hartford is focused on are customer centricity, knowing the customer deeply, and being able to provide the right solutions. The post An E&S Products and Solutions Discussion with The Hartfordâs Pete Hill appeared first on Risk & Insurance.
âTo me, opening a restaurant, itâs not just having a place. You need to have a reason why. It should have a theme behind it, and the area should need it and demand it. It should have its own soul,â Baweja said. âUntil I feel it, I can't just open (one).â The post Sunny Baweja, owner of Lehja restaurant in Short Pump, adding new concept in Midlot...
The 314-unit Regent at Regency features one-, two- and three-bedroom units ranging from about 650 square feet to 1,300 square feet, and renting for $1,610 to about $2,600 a month. The post First residents to move into latest phase of Regency apartments this month appeared first on Richmond BizSense.
The local firm has commenced on the first of four warehouses that will make up 7 Hills Distribution Center, an 820,000-square-foot complex it's developing with Boston-based Davis Cos. The post Lingerfelt breaks ground on four-building warehouse complex near RIC appeared first on Richmond BizSense.
The chain was founded by Michael Wystrach, who also co-founded meal delivery service Freshly, which was sold to Nestle in 2020. The Midlothian location is Petfolk's first in Virginia. The post New-to-market vet Petfolk opening in Whole Foods-anchored Midlothian shopping center this week appeared first on Richmond BizSense.
Hail, wildfire, winter storm and inland flood have outgrown their 'secondary' label, driving the majority of North American insured catastrophe losses in most years, according to Marsh Re. The post Secondary Perils Now Drive Catastrophe Losses, Squeezing Earnings and Capital appeared first on Risk & Insurance.
O&M Halyard, Altria, Capital One are some of this week's patent holders. (BizSense Pro required) The post The R&D Dept.: Local patent roundup for 11.4.26 appeared first on Richmond BizSense.
Camp Yellow Cardinal, a 25-acre âglamorous campingâ site near Farmville, will feature geodesic domes, a bath house and hot tubs, for a more luxurious experience than the typical tents and sleeping bags. The post Richmond coupleâs new âglampingâ campground near Farmville to open next month appeared first on Richmond BizSense.
The deal marks the buyer's entrance into the Richmond market and the two complexes have several similarities: they both were sold by the same firm, both were built in the 1980s. The post N.J. firm drops $143M for two Henrico apartment complexes appeared first on Richmond BizSense.
The event prep is starting just as infrastructure work that obstructed parts or all of the ballparkâs main entrance has wrapped up. The post Tree delivery signals start of WinterWorld setup at CarMax Park appeared first on Richmond BizSense.
The identity of the coffee shop and bank remain a mystery for now, as the phased project would ultimately feature six buildings totaling more than 30,000 square feet, according to a conceptual plan. The post Drive-thru coffee shop, bank branch pitched for new project near Winterfield Crossing in Midlo appeared first on Richmond BizSense.
Moves in associations, architecture, law, consulting and more. (BizSense Pro required) The post The Herd: New hires, promotions & departures for 11.3.26 appeared first on Richmond BizSense.
Two long-running restaurants in the city announce their closure, Jack Brown's gets a new owner, the former Heritage space reopens with a new tenant and much more in this month's edition. (BizSense Pro required) The post The Stew: Restaurant news bites for 11.3.26 appeared first on Richmond BizSense.
The cost to operate a truck hit a record $2.336 per mile in 2025, with repair, wage and insurance costs all climbing, according to Alliant. The post Siloed Fleet Decisions Are Quietly Driving Up Trucking Costs, Alliant Says appeared first on Risk & Insurance.
The cryptocurrency insurance market is expected to grow by at least ten-fold in the next seven years. The post The Steady Advance of Cryptocurrency Insurance appeared first on Risk & Insurance.
How elite sports science principles can be applied to the "industrial athlete" to prevent musculoskeletal (MSK) injuries before they happen. The post Predict & PreventÂŽ Podcast Episode 34: Treating Workers Like Athletes to Prevent Injuries appeared first on Risk & Insurance.
Claims involving workers 65 and older now make up 8% of lost-time claims and these workers require 21% more medical care on average, according to the National Council on Compensation Insurance. The post Older Workers Show 21% Higher Medical Utilization, Driven by Comorbidities and Diagnoses, NCCI Finds appeared first on Risk & Insurance.