News
Attorneys in NY Federal Court Case Blame ChatGPT for Bogus Case Law
Two apologetic lawyers responding to an angry judge in Manhattan federal court blamed ChatGPT Thursday for tricking them into including fictitious legal research in a court filing. Attorneys Steven ...
Farmers CEO Reverses Course to Require Hybrid Work Schedule for Employees
New Farmers Group CEO Raul Vargas has reversed a prior company decision to allow most workers to do their jobs from home by instituting a hybrid work schedule starting in September. Despite some ...
Former SCOR CEO Kessler Has Died at 71
Denis Kessler, non-executive chairman of SCOR and the reinsurer's former chief executive, died Friday at the age of 71, the company said. Kessler joined SCOR as chairman and chief executive officer ...
Branch CEO Lekas Announces Layoffs, Citing Inflation, Loss Costs
Branch Insurance has conducted a round of layoffs, according to a June 8 LinkedIn post by Co-Founder and CEO Steve Lekas. Lekas did not announce the number of employees who were let go, but cited ...
Survey: More Americans Demonstrate Willingness to Commit Insurance Fraud
A new survey reveals Americans' tolerance for insurance fraud — and the findings might be surprising. Americans aged 45 and younger show a high level of tolerance for insurance fraud. The ...
Climate, Social Reforms Putting Less Pressure on U.S. Businesses
Shareholder support for proxy resolutions on topics including climate change and workforce diversity dropped significantly this spring, analysts said, as tough proposals from activists met with ...
US and Canada Could See Smoke, Haze Through the Weekend
On air quality maps, purple signifies the worst of it. In reality, it's a thick, hazardous haze that's disrupting daily life for millions of people across the U.S. and Canada, blotting out skylines ...
SageSure Secures $250M in Equity Financing from Amwins, Flexpoint
SageSure, an independent managing general underwriter focused on providing catastrophe-exposed property insurance, announced the close of a $250 million equity investment led by Amwins and Flexpoint ...