News
Pedestrian Deaths Dip Slightly in First Half of 2023, Still Above Pre-Pandemic Levels
Dangerous driving and inadequate infrastructure continue to pose a deadly threat to pedestrians, according to the latest figures by the Governors Highway Safety Association (GHSA). In the first half ...
Experts Say Boeing’s Safety Culture Falls Short Despite Efforts to Fix It
When it comes to safety culture at Boeing, there is a "disconnect" between senior management and workers, and employees responsible for checking the company's planes question whether they can raise ...
Clyde & Co: M&A Activity to ‘Start to Increase Through 2024’
The number of worldwide mergers and acquisitions in the insurance sector in 2023 dropped to 346 in 2023, down from 449 in the previous year, according to a new report from Clyde & Co. But the ...
OpenAI Says New York Times ‘Hacked’ ChatGPT to Build Copyright Lawsuit
OpenAI has asked a federal judge to dismiss parts of the New York Times' copyright lawsuit against it, arguing that the newspaper "hacked" its chatbot ChatGPT and other ...
Millennials Most Likely to Embrace AI in P/C Insurance
Out of any other generation, millennials are more likely to view AI as a positive development in P/C insurance, according to insights unveiled in Insurity's 2024 AI in Insurance Report. The provider ...
Large Scale Auto Insurance Fraud Scheme Busted in Massachusetts
Six people have been indicted in connection with the alleged filing of false and fraudulent insurance claims through their business, Riviera Auto Body, located on Bow Street in Everett, Mass. Four of ...
Pittsburgh Faulted for Poor Inspection, Upkeep of Bridge That Collapsed
The city of Pittsburgh, Pa., did not adequately maintain or repair a bridge and failed to act on inspection reports, leading to the corrosion of the structure's steel legs and its collapse into a ...
Beazley Creates Cyber Risk Management Company
Beazley, the London-based specialty insurer, announced the creation of an integrated cyber risk management company, Beazley Security, formed from the merger of its in-house Cyber Services team and ...
AXA’s 2023 Earnings Miss Forecasts on Higher Costs, Lifts Dividend 16%
France's AXA, Europe's second-biggest insurer, pledged on Thursday to deliver higher earnings and returns to shareholders by 2026 by growing its client base, automating ...