News
Amazon Cranks Up AI Competition With New Cloud Tools
Amazon.com Inc.'s cloud computing division on Thursday released a suite of technologies aimed at helping other companies develop their own chatbots and image-generation services backed by artificial ...
The Latest Launches From Berkley Select, ZestyAI, Coalition
Berkley Select has enhanced its lawyers professional liability offerings, adding new coverages, more flexible policy forms and expanded capacity. Berkley Select's lawyers professional liability ...
Reserve Hits Push Progressive Q1 Combined to 99; Fla. Impact Noted
Progressive's combined ratio for the first quarter came in just a point under breakeven, with 4.6 points of the 99 combined ratio across all lines attributable to unfavorable loss reserve ...
The Hartford Reveals Preliminary Income Figures for First Quarter
Two weeks before its officially set to announce earnings, The Hartford previewed first-quarter net income and underwriting results, revealing that net income will grow to $530 million, in spite of ...
SVB Failed From Mismanagement, Not Loose Regulations: FDIC
Management failures, not loose regulations, prompted Silicon Valley Bank's sudden failure last month, a top Federal Deposit Insurance Corporation (FDIC) official said on Wednesday. "Mismanagement of ...
Buffett Says People Shouldn’t Worry About Berkshire, Banks
Billionaire Warren Buffett assured investors Wednesday that Berkshire Hathaway will be fine when he's no longer around to lead the conglomerate. Buffett said shareholders shouldn't worry about the ...
Tech Bytes: New Partnerships at Falvey, bolttech, AkinovA
Falvey partnered with Canopius U.S. and is accepting inland marine submissions following the recent appointment of the team at Falvey Insurance Group. Inland Marine products offer terms and ...
U.S. Proposes 56% Vehicle Emissions Cut by 2032, Requiring Big EV Jump
The U.S. Environmental Protection Agency (EPA) on Wednesday proposed sweeping emissions cuts for new cars and trucks through 2032, a move it says could mean two out of every three new vehicles ...