News
Introducing Berkley Embedded
W.R. Berkley Corporation announced the formation of Berkley Embedded Solutions on Monday—a business focused on delivering tailored insurance products and services to customers at the point of ...Changes at CRC Group: Rebrand and New Division Structure
CRC Group announced a strategic rebrand to unify its operations and reinforce its position as a pure-play, independent wholesale and underwriting industry leader. As part of this transition, the TIH ...
Four States See Increase in Auto Insurance Liability Limits in 2025
New legislation enacted in four states ups the amount of liability insurance required to operate a vehicle, according to AIS Insurance Specialists. California increased its minimum insurance ...
In-house AI More Beneficial than Cloud-based AI: Study
After analyzing costs and risks of different enterprise AI deployment strategies, new data reveals that relying solely on cloud-based AI inference can lead to higher costs, IP security risks, and ...
Deadly Listeria Outbreak Linked to Supplement Shakes Distributed to Nursing Homes
A multi-state outbreak of Listeria infections resulting from supplement shakes distributed to long-term care facilities prompted a CDC food safety alert last week. Thirty-eight people from 21 states ...
NOAA Firings Risk Lives and Economy, Former Agency Heads Warn
The federal weather and oceans agency touches people's daily lives in unnoticed ways, so massive firings there will likely cause needless deaths and a big hit to America's economy, according to the ...
Chubb to Buy Liberty Mutual Thailand, Vietnam Insurance Assets
Chubb Ltd. agreed to acquire Liberty Mutual Holding Co.'s businesses in Thailand and Vietnam in a deal that would help it boost its presence in Southeast Asia. Chubb plans to buy LMG Insurance Public ...
State Farm Stronger as Underwriting Losses Shrink—But Not in California
After reporting a $13 billion underwriting loss in 2022 and $14 billion in 2023, State Farm recorded another underwriting loss last year—but the total for 2024 was less than half of those prior ...