News
G-7 Nations Should Adopt ‘Risk-Based’ Regulation on AI
Group of Seven advanced nations should adopt "risk-based" regulation on artificial intelligence, their digital ministers agreed on Sunday, as European lawmakers hurry to introduce an AI Act to ...
34% of Workplace Injuries Occur in First Year on the Job: Travelers
More than a third of workplace injuries occur during employees' first year on the job, regardless of age or industry experience, according to a new report from Travelers. In fact, an employee's time ...
AIG, Stone Point Finalize Deal to Start MGA for High-Net-Worth Business
American International Group said it has finalized an agreement with private equity firm Stone Point Capital to form Private Client Select (PCS) Insurance Services. PCS will be an independent ...
Q1 Net Income Up 21% at The Hartford but Personal Lines Unprofitable
The Hartford reported first-quarter 2023 net income of $535 million, nearly a 21 percent increase over $443 million a year ago. In the company's property/casualty segments, results were carried by ...
Survey: Economic and Cyber Risks Lead Global D&O Concerns
At the top of increasing concerns for directors and officers around the globe are economic, geopolitical and cyber risks, according to the latest Directors and Officers Liability 2023 Survey released ...
Office Politics Still Toxic in the Work-From-Home Era
The gossip. The suck-up. The bully. Workplaces have been home to these toxic personalities since the beginning of work, and a new survey has found the problem persists in the hybrid world in which ...
Canopius Has Management Shake-Up With 3 Execs Exiting
Canopius Group, the London-based global specialty re/insurer, has had a management shake-up, with three executives exiting the company. "Over the last 18 months, Canopius has reorganized our global ...
Google Search vs. ChatGPT AI: Which Should P/C Insurers Use?
Whether you're a casualty underwriter trying to investigate the most recent lawsuit filed against a potential insured or a journalist doing fact checking on recent events, a search engine like Google ...