Tech Bytes: New Partnerships at ZestyAI, WTW, Driver Technologies
Climate and property analytics provider ZestyAI's Z-FIRE wildfire risk analytics product is going to be used by the California FAIR Plan Association, the state's property ...
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Progressive in a Better Place With Reserve Boosts Done, CEO Says
Shoring up loss reserves and adding "the premium equivalent" of a top 8 personal auto insurer to its books has put Progressive in a better place now than it was at the end of the second quarter. The ...
Allianz X, Allstate Fund NEXT Insurance’s $265M Financing Round
The digital investments arm of global insurer and asset manager Allianz Group, Allianz X, announced an investment in NEXT Insurance, a small business insurer in the United States, to accelerate ...
First U.S. Autopilot Trial Involving Fatal Crash a Win for Tesla
Tesla on Tuesday won the first U.S. trial over allegations that its Autopilot driver assistant feature led to a death, a major victory for the automaker as it faces several other lawsuits and federal ...
Thousands Evacuated in Southern California as Santa Ana Winds Fuel Wildfire
A wildfire fueled by gusty Santa Ana winds ripped through rural land southeast of Los Angeles, forcing about 4,000 people from their homes, fire authorities said. The so-called Highland Fire erupted ...
Threat of Haywire AI Prompts Calls for Development Pause, AXA Says
Governments are ill-prepared for the hazards brought on by artificial intelligence and development should be paused, according to a new survey of risk specialists by ...
P/C Cycle Act 3: Reinsurance-Driven GL Hard Market
Comparing recent conditions in the property/casualty insurance and reinsurance markets to a three-act play, the chief executive of Arch Capital Group predicted hard casualty pricing ahead in the ...
OSHA: Top 10 Safety Violations of 2023
Fall protection, hazards communications and ladders were the top three most cited safety violations for fiscal year 2023, according to Eric Harbin, OSHA Region 6 administrator, who presented the ...
Study Shows Employees Get Drowsy During Virtual Meetings Because They’re Bored
If you're seeing a lot of yawning during virtual work meetings, it might mean your employees are bored, according to new research from Aalto University. Prior studies suggested fatigue from virtual ...