News
Montana Pollution Lawsuit Could Limit Aerial Fire Retardant Use
A legal dispute in Montana could drastically curb the government's use of aerial fire retardant to combat wildfires after environmentalists raised concerns about waterways that are being polluted ...
Munich Re Specialty Appoints New CEO; Executive Moves at Chubb, Ascot
Munich Re Specialty Insurance (MRSI) appointed Sabrina Hart as president and chief executive officer, effective May 1. Hart has served as interim CEO since January 2023 when former CEO Michael Kerner ...
Cybersecurity Fail: Top 10 Passwords Used by the Insurance Industry
Despite cybersecurity experts' repeated warnings, the insurance sector, along with other industries, is not doing a great job when it comes to creating secure passwords, says new research by password ...
Forgo Buybacks, Spend on Safety Says Rail Unions
Rail unions want railroads to take some of the billions they're using every year to buy back their stock and spend it to improve safety in the wake of several high-profile derailments and hire more ...
Eyes Wide Open: A ChatGPT Users’ Guide for Insurance Professionals
OpenAI's ChatGPT will give you some pushback if you ask it how to commit a crime—like breaking into someone's house. But a little creative coaxing can elicit a "misaligned response" from the ...
Altria Tells Jury It Didn’t Benefit From Juul’s Marketing to Young Users
Altria Group Inc. didn't benefit from its $12.8 billion investment in Juul Labs Inc., the tobacco giant's lawyers told a jury in a trial over whether it helped the e-cigarette maker promote sales ...
W.R. Berkley CEO Says Insurer Isn’t Going to Chase D&O Market ‘Down the Drain’
W.R. Berkley Corp. President and CEO Robert Berkley said the insurer is not going to follow the directors and officers market "down the drain." During a call with analysts to discuss first-quarter ...
Embroker: Business Insurance Shoppers Concerned With Startup Leadership Post-SVB Collapse
Following the closure of Silicon Valley Bank (SVB), VC-backed startups were increasingly looking for stronger protection in case their assets were compromised — specifically liability policies ...