Insurance industry trades praised a Senate committee for the passage this week of the Fix Our Forests Act, a measure to address high-risk wildfire regions. “The risk of wildfire can no longer be ignored or […]
Artificial intelligence (AI) is revolutionizing the insurance business. Insurers recognize and are already taking advantage of the manifold ways in which AI can significantly improve their routine processes, decision-making and risk management. At the same […]
Insurance data and technology firm Verisk has released a pet health insurance program offering U.S. insurers a standardized pet insurance program. Verisk’s new ISO Pet Insurance Line of Business program provides insurers looking to enter […]
Reddit Inc. sued Perplexity AI Inc. and three other companies over alleged data scraping from the discussion site without permission, a sign of the growing demand and value of original data in the burgeoning AI […]
Analysts trying to reconcile third-quarter premium jumps reported by line of business for W.R. Berkley Corporation with the CEO’s opening remarks during an earnings conference call this week may well have been confused. “That bloom […]
Authorities were investigating the death of a rail conductor who was hit by a passing train in Montana, the National Transportation Safety Board said. The conductor worked for BNSF Railway, the agency said in a […]
An Iowa man has been charged with one count of acting as an adjuster without a license—a class D felony—following an investigation by the Iowa Insurance Division’s Fraud Bureau. According to criminal complaints filed by […]
The mass evacuation by military aircraft of hundreds of residents from Alaska villages ravaged by the remnants of Typhoon Halong is complete, and officials and local leaders are turning attention to trying to stabilize damaged […]
A United Airlines plane appears to have collided with a weather balloon while cruising over Utah at 36,000 feet last week, fracturing layers of its windshield and forcing an emergency landing. A California company called […]
Kansas Insurance Commissioner Vicki Schmidt announced a Cherokee county man has been sentenced to 12 months of probation for insurance fraud. William Owens, age 71, pleaded guilty in Cherokee County District Court to one felony […]
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