News
No Need to Build Capacity in One Room: U.S. E&S Market vs. Lloyd’s
In an article published by Carrier Management, contributing author Greg Gaydos, a business development executive from Zywave, suggested that doing business with Lloyd's is an expensive proposition. ...
Report: Ransomware Attacks ‘More Frequent, More Sophisticated, More Effective’
Ransomware attackers are using a multitude of techniques to gain access in attacks that are becoming "more frequent, more sophisticated, and more effective," according to new report compiled from ...
Low Cost, Early Warning System Being Tested to Detect Cognitive Changes in Older Drivers
A new study released by Florida Atlantic University (FAU) indicates cognitive changes in older drivers can be detected relatively easily through the use of low-cost, in-vehicle sensors. Because ...
IIHS: Most Cars With Self-Driving, Driver-Assist Tech Get Low Safety Marks
Tesla's Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by major automakers received "poor" ratings from the U.S. Insurance Institute for Highway Safety in ...
Justice Dept. to Seek Stiff Sentences for White-Collar Criminals Using AI
The Justice Department is stepping up its focus on artificial intelligence, with officials warning Thursday that companies and people who deliberately misuse the technology to advance a white-collar ...
Rite Aid Advisers Rake in Millions Through Bankruptcy; Opioid Victims Brace for Nothing
Nancy Zailo is at the back of the line. She's behind Jeffrey Stein, the Rite Aid Corp. chief executive collecting $300,000 paychecks every month. She's behind consultants at Alvarez & Marsal, who ...
NAIC P/C Market Intelligence Data Call Announced; Data Due June 6
While the U.S. Treasury dropped a plan for the Federal Insurance Office to collect data on climate-related risks from property/casualty insurers last week, regulators still want to scrutinize what's ...
Twice as Many Personal Lines Insurers Downgraded by AM Best in 2023
AM Best delivered 39 downward credit rating actions to U.S. personal lines insurers in 2023, more than twice the number registered for 2022, the rating agency reported in it official tally for the ...