News
California Landmarks, Piers Threatened by More ‘Pineapple Expresses’ and Rising Seas
More storms, rising seas and huge waves are taking their toll on California's iconic piers that have dotted the Pacific coast since the Gold Rush, posing the biggest threat yet to the beach landmarks ...
Florida Bills Would Let Surplus Lines Do Takeouts and Require More Data Reporting
A key Florida Senate committee last week advanced a bill that would allow surplus lines carriers to take over coverage of second homes from Citizens Property Insurance Corp. Reaction by agents and ...
Liberty Mutual to Eliminate 250 Positions
Liberty Mutual has confirmed it is eliminating about 250 positions, or 0.5 percent of its global workforce, as it continues implementing new organizational structures within U.S. Retail Markets and ...
Report: Capital Rich Smart Cities Score Highest in Resilience
A new study examining risks faced by global cities suggests the top five most resilient share , according to the study's partners, Tokio Marine Group and Economist Impact. Examining critical facets ...
InsurTech Wisedocs Closes $9.5M Series A Round
Wisedocs, a machine learning software-as-a-service for medical record review, indexing and summarization, closed $9.5 million in oversubscribed Series A financing. The Series A was led by Information ...
Employers Take Note, Financial Benefits Rank High for Gen Z
Financial-related workplace benefits rank high for Gen Z, according to a recent survey from financial protection company The Standard. Similar to other generations, Gen Z wants financial security, ...
Federal Appeals Court Overturns $366M FedEx Race Bias Verdict
A federal appeals court on Thursday threw out a $366.2 million verdict against FedEx, in a case brought by a Black sales manager who said the package delivery company fired her in retaliation for ...
U.S. Guardrail System No Match for Heavy Electric Vehicles
Electric vehicles that typically weigh more than gasoline-powered cars can easily crash through steel highway guardrails that are not designed to withstand the extra force, raising concerns about the ...