News
Insurance Sector Should Be on the Lookout for ‘Scattered Spider’ Hackers
Watch out, insurance industry. A well-known cybercrime group appears to have shifted focus to insurers. Apparently, recent cybersecurity incidents at Erie Insurance, Philadelphia Insurance Cos., and ...
Workplace Severity Rises While Frequency Declines: Travelers
Changing workforce demographics are contributing to changes in injuries sustained at work, according to the 2025 Injury Impact Report by Travelers. As one of the country's largest workers' ...
Don’t Look to AI for a Competitive Advantage; Human Touch Is Key
Don't expect artificial intelligence to confer a competitive advantage, at least over the long haul, according to a new paper co-authored by University of Utah business scholar Jay Barney. The ...
AmRisc Launches Reciprocal Exchange for Commercial E&S Market
AmRisc, a subsidiary of Alabama-based CRC Group and Truist Insurance Holdings, has launched a reciprocal exchange, initally writing in Florida, Georgia, Alabama, California and Colorado, the company ...
Adaptive Insurance, Tokio Marine HCC Partner on Power Outage Losses
Adaptive Insurance, a provider of parametric insurance solutions, has partnered with specialty insurer Tokio Marine HCC on GridProtect—an insurance product for short-term power outages. The ...
Tesla’s Texas Robotaxi Tests Highlight Several Driving Mistakes
A first public test of robotaxis by Tesla in Austin, Texas, led to multiple traffic problems and driving issues, videos from company-selected riders showed over the first few days. Chief Executive ...
U.S. Agency Urges Fireworks Safety Ahead of July 4th Holiday
As July 4th celebrations near, the U.S. Consumer Product Safety Commission (CPSC) is reminding the public to prioritize fireworks safety. In 2024, there were 11 reported fireworks-related deaths, ...
Middle East Tensions Raise Loss Accumulation Risks: Report
Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities between Iran and Israel, according to ...