News
What Industry Executives Are Saying About Loss Reserves, Social Inflation
At carriers and reinsurers that announced reserve loss charges taken during fourth-quarter 2023, and even at some that did not, executives discussed the "problematic accident years" and lines of ...
Survey: Tech, Data Privacy, Climate are Just Some of the Complex Issues Carriers Face
Social inflation, hybrid work arrangements, regulatory changes and technological advances are just some of the challenges facing carriers today, according to a new report by Gallagher Bassett. ...
Job Shadowing Key to Employee Retention, Advancement
As companies look for ways to improve talent acquisition and retention in a challenging labor market, global HR research and advisory firm McLean & Company suggests job shadowing as a method to ...
DOJ Plans Crackdown on Pre-IPO Tech Investor Fraud
The U.S. Justice Department's top prosecutor in San Francisco is targeting artificial intelligence (AI) and other tech startups that defraud investors before they go public, he told Reuters. Ismail ...
Trucks Using GPS Threaten Historic Covered Bridges Meant for Cars Only
One of Vermont's historic covered bridges has fallen under threat from modern technology. Box truck drivers relying on GPS continually crash through Lyndon's 140-year-old Miller's Run bridge despite ...
The Latest Launches From Rainbow, Blink, Hub
Rainbow, a digitally-enabled managing general underwriter building tailored small business insurance products, announced the launch of its admitted restaurant insurance program in the state of ...
Small Business InsurTech Coterie Announces $27M Funding Round
Coterie, an InsurTech managing general agent focused on small business insurance, announced a raise of $27 million in new capital investment. The oversubscribed round includes new investment from ...
‘AI Washing’ Troubles: SEC Fines Investment Firms, Issues Warnings
The U.S. Securities and Exchange Commission this week said it settled charges against two investment advisers related to "AI washing," or essentially making false claims about their use of artificial ...