1 month 1 week ago
Four people were convicted of felony insurance fraud and assault for faking an auto collision that involved a rideshare driver in San Bernardino, California. According to the California Department of Insurance, two of the four people were identified as Kalil …
1 month 1 week ago
Rivian Automotive is recalling 34,824 electric delivery vehicles in the U.S. as their seat belt system may fail to properly restrain the driver, increasing the risk of injury during a crash, the EV maker said in a filing with the …
1 month 1 week ago
State Farm Mutual Automobile Insurance Co. faces a lawsuit accusing it of fraud and unjust enrichment for selling products from PHL Variable Insurance Co., which authorities say has a $2.2 billion capital shortfall that left policyholders with less-than-promised payouts. Three …
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1 month 1 week ago
Insurance rates for ships calling at ports in the Black Sea are surging after a series of Ukrainian attacks on vessels with links to Moscow. The cost of covering visits to Russian ports in the Black Sea has jumped more …
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1 month 1 week ago
Landlords in Baltimore are being held liable for hiring a convicted sex offender with a violent criminal record who then attacked two tenants and set them on fire, with a jury awarding the victims $21.5 million. The same man murdered …
1 month 1 week ago
Independent insurance agencies The Baldwin Group and CAC Group have agreed to merge to create one of the largest independent insurance advisory and distribution platforms in the U.S. Baldwin said the purchase price of about $1.03 billion consists of $438 …
Chad Hemenway
1 month 1 week ago
Families of the victims of a UPS cargo jet crash plan to file a wrongful death lawsuit on Wednesday, according to one of the law firms representing the victims. The UPS MD-11 cargo jet crashed immediately after taking off in …
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1 month 1 week ago
Annie Vargas could see her son slipping away and pleaded with him to seek help. But her son, Brian Wittke, a 41-year-old Delta Air Lines pilot and father of three, pushed back, terrified that getting treatment for depression would cost …
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1 month 1 week ago
Japan’s Asahi Group on Thursday [November 27] said it aims to normalize logistical operations by February after a cyberattack in late September forced widespread suspension, though not all products will be available to ship by that time. The beverage maker, …
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1 month 1 week ago
A task force of EU vets began work in Barcelona on Tuesday to help contain an African swine fever outbreak as Spain, one of the world’s leading pork exporters, said the number of wild boars found infected with the virus …
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1 month 1 week ago
Demex, a technology-enabled reinsurance solution provider headquartered in New York City, promoted Michael Anderson to CEO following four years as chief growth officer. Demex also promoted Matthew Coleman to president, reinsurance from chief risk officer; and Charlie Eadie from executive …
1 month 1 week ago
A powerful coalition of tech companies backed by the White House’s artificial intelligence chief appears to have failed to persuade lawmakers to use a must-pass defense bill to block state governments from regulating artificial intelligence, a key congressional Republican signaled …
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1 month 1 week ago
Asurion LLC has agreed to acquire UK warranty business Domestic & General Group Ltd. as the US company looks to expand its business and geography. Nashville-based Asurion is buying D&G from CVC Capital Partners Plc and the Abu Dhabi Investment …
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1 month 1 week ago
The Bank of England said on Tuesday that threats to Britain’s financial system had risen this year due to stretched valuations of companies investing in artificial intelligence, risky lending and bets with borrowed money in government bond markets. The comments …
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1 month 1 week ago
There has been much discussion in the insurance industry about artificial intelligence (AI) and how it can take on mundane, laborious tasks and complete them in a fraction of the time it would take a human. But the technology is …
Admin
1 month 1 week ago
A new flood insurance quoting platform aims to streamline the process for insurance agents and brokers, providing real-time quotes from federal and private insurers all in one place. Flood Quotes is owned by National Flood Insurance LLC, and is based …
1 month 1 week ago
Simplifai, a provider of agentic artificial intelligence for property-casualty insurance claims, with offices in Miami, Florida, and Oslo, Norway, has named new members to its board of directors. Noel Hamill and Nils Thomas Lien, both of whom have built and …
1 month 1 week ago
A working group on wildfires in Washington wants the state Legislature to consider requiring insurers to internally track instances in which wildfire risk materially contributes to a policy nonrenewal, cancellation or eligibility determination—and to better explain wildfire risk scores. The …
1 month 1 week ago
The Maine Bureau of Motor Vehicles (BMV) has joined the opposition to a federal rule that limits which legal immigrants can obtain a commercial driver’s license (CDL) or permit. The state says that if the new restrictions go into effect, …
Andrew G. Simpson
1 month 1 week ago
Strategic Risk Solutions (SRS), an independent manager of insurance companies including captives, announced the appointment of Sandy Bigglestone as managing director/chief officer for Governance, Regulatory and Compliance. Beginning in January 2026, Bigglestone will ensure the firm’s clients have best in …