Industry News
CSU Increases Hurricane Forecast, Predicts ‘Well Above Average’ Season
Researchers from Colorado State University have increased their forecast for the 2022 Atlantic hurricane season, now predicting a "well above average" season with five major hurricanes. The CSU ...Tesla Faces Increase in Complaints Over ‘Phantom Braking’
Tesla Inc. is facing stepped-up scrutiny from U.S. regulators who have received 758 complaints of cars made by the company that suddenly brake at high speeds—more than double the number of reported ...
LexisNexis Acquires Property Inspection Tech Firm Flyreel
LexisNexis Risk Solutions has acquired Flyreel, a Denver-based property technology firm that uses artificial intelligence (AI) and machine learning to enable self-service property inspections. ...
Leadership Tips for Insurance Professionals
Carrier Management, Insurance Journal's sister publication focused on insurance company leadership insights and carrier news, is celebrating the one-year anniversary of two special newsletters this ...
‘Pay-As-You-Go’ Workers Comp MGA Hourly Raises $27M
Workers compensation InsurTech Hourly has raised $27 million in a series A seed round. The platform lets employers with hourly workers run payroll, track time and attendance, and manage workers ...
Executives on the Move at Roamly, Verisk, MAPFRE USA
RV-focused InsurTech Roamly announced the appointment of Mary Heneen as chief commercial officer and Jessica Ballard as director of Claims. As CCO, Heneen will lead Roamly's insurance growth ...
Federal Investigators to Review FDA Response to Baby Formula Recall
Federal investigators have launched a review into whether the U.S. Food and Drug Administration properly inspected Abbott Laboratories' Michigan plant and how the agency oversaw the baby formula ...
FEMA Pushing for Stronger Building Codes Nationwide
On the first day of the Atlantic hurricane season, federal officials announced a new initiative to modernize building codes across the country so that communities can be more resilient extreme ...