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A woman who faced eviction from her Manhattan apartment over her three emotional support parrots will be paid $165,000 in damages plus $585,000 for her apartment under a consent decree announced by federal prosecutors. The consent decree announced Mo...
Posted: Aug 23, 2024
Amazon.com Inc. was legally the boss of a group of subcontracted delivery drivers, US labor board prosecutors have concluded, rejecting the company’s claims that workers in its sprawling delivery network aren’t its employees. The general...
Posted: Aug 23, 2024
Uber Technologies Inc. plans to start offering self-driving Cruise LLC cars to customers on its ride-hailing platform next year. Once the multiyear partnership between Uber and Cruise begins, an Uber rider requesting a qualifying ride will have the o...
Posted: Aug 23, 2024
An attorney for a health clinic in a Montana town polluted with deadly asbestos asked a federal appeals court on Wednesday to reverse a lower court determination that it submitted hundreds of false claims on behalf of patients. That judgment …
Posted: Aug 23, 2024
Artificial intelligence company Anthropic has been hit with a class-action lawsuit in California federal court by three authors who say it misused their books and hundreds of thousands of others to train its AI-powered chatbot Claude. The complaint,...
Posted: Aug 23, 2024
Storm-battered residents in the western Alaska village of Napakiak were preparing for the third storm in a week Tuesday, days after a minister had to use a front loader to free people from flooded homes. Napakiak, a Yup’ik village of …
Posted: Aug 23, 2024
ManyPets is looking to sell the US licensed carrier it acquired in late 2022 from Munich Re.
Posted: Aug 22, 2024
The nonprofit owns buildings and has tenants, as well as collects donations. Donations appear on the nonprofit’s profit and loss statement and therefore impact the profits.
Posted: Aug 22, 2024
Building on the ‘services beyond the policy’ model of AXA XL’s Construction Ecosystem, the new DCP that channels cutting-edge technologies to help clients manage, mitigate, and reduce risk.
Posted: Aug 22, 2024
The latest people news in the industry today. The post Co-Presidents of RT Specialty at Ryan Specialty Holdings, Inc. Announced
Posted: Aug 22, 2024
Ransomware Attacks, Payments Grow Globally: Report Attacks by new ransomware groups, including PLAY, Medusa,...
Posted: Aug 22, 2024
Tech Surpasses Price as Driver of Policy Selection for Weather-Related Covera...
Posted: Aug 22, 2024
Work-Related Stress Linked to Higher Risk for Irregular Heart Rhythm Work-related stress th...
Posted: Aug 22, 2024
BMW to Recall More Than 720,000 Vehicles Due to Water Pump Issue BMW is recalling more than 720,000 veh...
Posted: Aug 22, 2024
Posted: Aug 22, 2024
Insurance Business Magazine - US
Posted: Aug 22, 2024
Insurance Business Magazine - US
Posted: Aug 22, 2024
EverPeak Insurance is a Managing General Agency.
Posted: Aug 22, 2024
The Latest Launches from ZestyAI, Ascend, Clearcover ZestyAI, a provider of c...
Posted: Aug 22, 2024
The company launched a new home insurance product.
Posted: Aug 22, 2024
Hiscox Ltd. issued a statement confirming that the insurer’s chair, Jonathan Bloomer, and Bloomer’s wife, Judy, died in the tragic sinking of the Bayesian off the coast of Sicily on Monday, Aug. 19. “We are deeply shocked and sadden...
Posted: Aug 22, 2024
Hiscox Ltd. issued a statement confirming that the insurer’s chair, Jonathan Bloomer, and Bloomer’s wife, Judy, died in the tragic sinking of the Bayesian off the coast of Sicily on Monday, Aug. 19. “We are deeply shocked and sadden...
Posted: Aug 22, 2024
In 2003, as Paris sweltered through a heat wave that would go on to kill an estimated 15,000 people across France, one oasis of cooler air remained off limits: the city’s roughly 400 public parks. They were temporarily closed due …
Posted: Aug 22, 2024
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a-” (Excellent) of Farm Bureau Town and Country Insur...
Posted: Aug 22, 2024
Accession Risk Management Group, the parent company of Risk Strategies and One80 Intermediaries, has secured $1 billion in financing to boost its growth and support continued expansion. The financing includes a $900 million delayed draw term loan,...
Posted: Aug 22, 2024
New research commissioned by Cohesity, an AI-powered data security firm, reveals organizations overestimate their cyber resilience capabilities and maturity, leading to significant business continuity disruptions and ransom payments. The Cohesity Glo...
Posted: Aug 22, 2024
Compre Group Holdings Limited, a reinsurance group based in Bermuda, announced the completion of a legacy reinsurance transaction with Accelerant, a data-driven risk exchange. This transaction received approval from the Bermuda Monetary Authority....
Posted: Aug 22, 2024
The U.S. National Transportation Safety Board has opened an investigation into a crash and fire involving a Tesla electric semi-truck on a California highway, the agency said late Wednesday. The NTSB will carry out the safety investigation along with...
Posted: Aug 22, 2024
The crew of a ship that suffered several attacks in the Red Sea has been evacuated with naval support. Delta Tankers, which operates the Sounion, said Thursday that plans are now in place to move the vessel to a safer …
Posted: Aug 22, 2024
An explosion that leveled a home in northeastern Pennsylvania, killing a woman and leaving a man seriously injured, was apparently caused by a propane leak, state police said. The blast in Jefferson Township, near Scranton, was reported around 2 p.m....
Posted: Aug 22, 2024
The frequency of global ransomware attacks is rising sharply, with Q2 2024 marking the second-highest number of reported attacks in a single quarter, according to Corvus Insurance’s Q2 2024 Cyber Threat Report. Based on data from ransomware leak s...
Posted: Aug 22, 2024
Canada’s two main freight rail companies locked out around 10,000 of their Canadian unionized workers early on Thursday, starting an unprecedented simultaneous work stoppage that will grind almost all railway freight movement in the country to...
Posted: Aug 22, 2024
John Dacey, Group Chief Financial Officer (CFO) of Swiss Re, has said that the firm was surprised at the relatively low set of natural catastrophe losses it incurred in the first half of the year, and while the reinsurer’s ability to absorb...
Posted: Aug 22, 2024
CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimization, has announced the appointment of Robin Spaulding as Chief Insurance Officer, and Greg Toll as Vice President of Sales for Self-Insured. In he...
Posted: Aug 22, 2024
Some East Palestine, Ohio, residents want more time and more information before they have to decide by a deadline this week whether to accept their share of a $600 million class-action settlement with Norfolk Southern over last year’s disastrou...
Posted: Aug 22, 2024
NORTH SIOUX CITY, S.D. (AP) — Half of a collapsed rail bridge connecting South Dakota and Iowa was blasted in a controlled demolition, part of the process to remove the bridge months after it fell into the river, swollen from …
Posted: Aug 22, 2024
ODESSA, Texas (AP) — A small plane crashed in a West Texas neighborhood Tuesday, killing the pilot and a passenger and setting off a large fire on the ground that injured a woman, authorities said. Witnesses said the plane struggled …
Posted: Aug 22, 2024
According to a new report from AM Best, reinsurers met their cost of capital for the first time in four years in 2023, driven by a rebound in capital gains and underwriting profits. The rating agency observed that rising interest rates, stock mark...
Posted: Aug 22, 2024
The Hilb Group announced that it has acquired a Texas-based property and casualty agency, adding to the company’s expanding presence in the Central region of operations. The company did not name the acquired agency. The acquisition took effect...
Posted: Aug 22, 2024
The West Virginia insurance commissioner’s office has adopted a new policy: It will soon begin destroying workers’ compensation claim files that are 10 years old or older. “Given increasing cybersecurity concerns and the type of inf...
Posted: Aug 22, 2024
Insurance Business Magazine - US
Posted: Aug 22, 2024