Industry News
The Latest Launches From bolt, Wipfli, ICEYE
Insurance exchange bolt and Pathpoint, a digital wholesaler for small commercial excess and surplus, announced the launch of Pathpoint's integration into bolt Access, bolt's wholesale agency digital ...
Heavier Vehicles, Distracted Drivers Impacting Claim Severity: CCC Intelligent Solutions
Roadways in the U.S. are carrying heavier, more powerful vehicles operated by motorists who are older, driving faster and more often distracted, according to CCC Intelligent Solutions' annual Crash ...
Senate Leader Schumer Urges Federal Safety Probe into Freight Railroads
U.S. Senate Majority Leader Chuck Schumer on Wednesday urged the National Transportation Safety Board to launch an investigation into safety practices of all seven major freight railroads, following ...
Government’s SVB Intervention Saved Insurers From Significant D&O Claims
Had the federal government not stepped in to make Silicon Valley Bank (SVB) depositors whole, providers of directors and officers insurance for startups and venture capitalists — as well as ...
China’s Ping An Insurance Reports 17.6% Drop in 2022 Profit
Ping An Insurance Group Co. of China Ltd., China's largest insurer by market value, reported a 17.6 percent drop in its 2022 annual net profit on Wednesday due to a slump in investment gains. Its ...
Insured Losses From New Zealand Floods Estimated at $1.02B, With Profit Hit Expected
The initial insured losses for the recent floods in the North Island of New Zealand are estimated at NZ$1.65 billion ($1.02 billion), according to PERILS, the independent Zurich-based organization ...
Tech Bytes: New Partnerships at Synatic, Artigem, Relm Insurance
Synatic, a data integration and automation provider, announced a new partnership with Ferro, a commercial property/casualty policyholder platform. The Synatic-Ferro partnership leverages data ...
What’s Happening at Fukushima Nuclear Plant 12 Years After Meltdown?
Twelve years after the triple reactor meltdowns at the Fukushima Daiichi nuclear power plant, Japan is preparing to release a massive amount of treated radioactive wastewater into the sea. Japanese ...