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Delta Air Lines has hired a law firm and will seek compensation from Microsoft and CrowdStrike over a global cyber outage earlier this month that disrupted flights around the world, CNBC reported on Monday. The Atlanta-based airline has been the R...
Posted: Jul 30, 2024
Elevated Demand, Increased Capacity Drive Reinsurer Profitabili...
Posted: Jul 30, 2024
Insurance Business Magazine - US
Posted: Jul 30, 2024
“The unknowns of legal system abuse are a significant stressor for businesses. No one wants to find their name on a billboard or news cover, putting themselves, their employees or their investors in that position.” The post
Posted: Jul 30, 2024
Northern Vermont today is dealing with flash floods and washed-out roads after a night and early morning of extreme rainfall. Parts of Caledonia county and the Northeast Kingdom received 6-8 inches of rain last night and saw considerable catastrophic...
Posted: Jul 30, 2024
Officials Grapple With Increasing Western Wildfires Experts say that decades of snuffing out fires at t...
Posted: Jul 30, 2024
PFAS Liability for Water District Remediation Costs Estimated Up to $175B Economic liability associated with the r...
Posted: Jul 30, 2024
Clients who try to reach Higginbotham executive Marc Spivey this week will be met with an unusual out of office message. Greetings! I am in Paris to cheer on my daughter Taylor who is competing in the 2024 Olympics. … …
Posted: Jul 30, 2024
For the foreseeable future, SCOR’s Global P&C CEO, Jean-Paul Conoscente, expects the property and casualty (P&C) reinsurance market to remain broadly where it is today after the renewals of 2024, absent any major events. SCOR reporte...
Posted: Jul 30, 2024
Researchers are constantly developing innovative technologies to aid in loss prevention when disaster strikes. Let’s explore some of the most unique tools out there.
Posted: Jul 30, 2024
ISO offers accident and sickness insurance plans for international students.
Posted: Jul 30, 2024
The insurer will now leverage ZestyAI's full property and climate risk analytics platform.
Posted: Jul 30, 2024
Platform combines consumer-permissioned insurance verification technology with custom forms, document uploading, and data enrichment.
Posted: Jul 30, 2024
With AI driving innovation in the insurance industry, it’s important to stay up to date with the latest developments. Read the post to discover four emerging AI trends in the insurance industry.
Posted: Jul 30, 2024
Posted: Jul 30, 2024
Posted: Jul 30, 2024
The number of insurance and reinsurance companies based in the Dubai International Financial Centre (DIFC) has grown to 125 companies, up from 110, the centre has reported in its results for the first half of 2024. An international financial hub i...
Posted: Jul 30, 2024
Amazon.com is responsible for hazardous products sold by third-party sellers on its platform under the federal safety law and bears legal responsibility for their recall, the U.S. Consumer Product Safety Commission said on Tuesday. The CPSC said it h...
Posted: Jul 30, 2024
D&O insurance pricing for publicly traded companies falls in second-quarter, extending a streak that began in late 2017, report shows. The post
Posted: Jul 30, 2024
D&O insurance pricing for publicly traded companies falls in second-quarter, extending a streak that began in late 2017, report shows. The post
Posted: Jul 30, 2024
European Managing General Underwriter (MGU) SRS Altitude, a specialist in Alternative Risk Transfer (ART), has partnered with Generali Global Corporate & Commercial for ART underwriting solutions. Through this partnership SRS aims to leverage...
Posted: Jul 30, 2024
U.S. health officials last Friday announced a recall of some Boar’s Head liverwurst and deli meats as they investigate a listeria outbreak that has sickened nearly three dozen people and caused two deaths. Boar’s Head Provisions Co. recal...
Posted: Jul 30, 2024
An Alabama woman was arrested after she was indicted by a grand jury, charged with multiple counts of insurance fraud. Allison Dawn Benton Davis, 53, of Dothan, was charged with 11 counts of insurance fraud, according to local news reports. …
Posted: Jul 30, 2024
Meta Platforms META.O has agreed to pay $1.4 billion to Texas to resolve the state’s lawsuit accusing the Facebook parent of illegally using facial-recognition technology to collect biometric data of millions of Texans without their consent. Th...
Posted: Jul 30, 2024
Gradient AI, the provider of proven artificial intelligence (AI) solutions for the insurance sector, has raised $56.1 million in Series C funding, in a round led by Centana Growth Partners, with participation from existing investors MassMutual Ven...
Posted: Jul 30, 2024
In part 3 of our 2023 drug trends series, we’re evaluating workers’ comp opioid patterns and the strategies being used to continue their decline in use and manage their risks. The post
Posted: Jul 30, 2024
A U.S. judge ordered Wells Fargo to face a lawsuit alleging it defrauded shareholders by proclaiming its commitment to hiring diversity, even as it conducted sham job interviews of non-white and female applicants it had no plans to hire. U.S. …
Posted: Jul 30, 2024
Microsoft Corp. said it’s investigating outages of some Office applications and cloud services. “We are investigating reports of issues connecting to Microsoft services globally,” the company wrote in an update on a site to monitor...
Posted: Jul 30, 2024
Karma Wallet, a financial platform dedicated to sustainability and social impact, has strategically partnered up with Palomar, an innovative specialty insurer serving residential and commercial clients to launch Karma Wallet Card. The card aims to...
Posted: Jul 30, 2024
Insurance Business Magazine - US
Posted: Jul 30, 2024