Yearly Archives: <span>2023</span>

NEW Employee Benefits Continuing Education Series for Risk & Insurance Professionals

Austin, TX., June 15, 2023 – The National Alliance for Insurance Education & Research is proud to announce the launch of a new seven-part Introduction to Employee Benefits continuing education series for risk and insurance professionals. The Introduction to Employee …

MOVEit Cyber Attack Hits UK Printing Firm Used by Insurers, Brokers and Banks

A UK printing firm that sends mail for clients ranging from major health-insurance providers to multinational banks was a victim of the extensive MOVEit cyberattack. Adare SEC confirmed to Bloomberg News on Monday that it was hit by the MOVEit …

SEC to Weigh New Artificial-Intelligence Rules for Brokerages

Wall Street’s main regulator is moving to introduce new rules for brokerages using artificial intelligence to interact with clients. The US Securities and Exchange Commission said Tuesday that a long contemplated plan to rein in conflicts of interest associated with …

Bipartisan Bill Would End Section 230 Immunity for Generative AI

Two U.S. senators introduced legislation on Wednesday that would allow social media companies to be sued for spreading harmful material created with artificial intelligence. The law would open the door for lawsuits to proceed against social media companies for claims …

Intrepid Reinsurance Execs Take on Extreme Challenge in ‘World’s Toughest Row’

Four intrepid reinsurance executives from Convex and Swiss Re are rowing from Monterey, Calif. to Hawaii – as part of the “World’s Toughest Row – Pacific.” It’s all for charity – and, of course, for a challenging, life-changing adventure. In …

Lockport Tour Boat Capsized Before; Passenger Recounts Ordeal

Soon after a tour boat flipped over during a tour of a dimly lit cavern system, leaving one passenger dead, members of another group recalled a similar experience while taking the same tour eight years ago and questioned whether anything …

People Moves: Mangapit Named President of Pinnacle Claims Management in California

Steve Mangapit, the COO of the Western Growers Family of Cos., has assumed the duties of president of Pinnacle Claims Management Inc. He replaces David Zanze, who retired after 38 years of service at Pinnacle. Mangapit joined WGFC in January …

PacifiCorp Could Owe Billions After Jury Verdict in Devastating Oregon Wildfires

A jury in Oregon this week found the electric utility PacifiCorp responsible for causing devastating fires during Labor Day weekend in 2020, ordering the company to pay tens of millions of dollars to 17 homeowners who sued and finding it …

Digitalizing Your Claims Processes To Improve Customer Experience During a Crisis

This post is part of a series sponsored by CoreLogic. With the Atlantic Hurricane season starting on June 1 – and lasting through November – it is essential to start preparing for tropical storms and hurricanes. And while hurricanes are …

People Moves: XPT Specialty names Williams VP and Broker

XPT Specialty names Williams VP and Broker XPT Specialty has hired Catrina Williams as vice president and broker in the commercial lines division of XPT’s Texas offices. XPT is headquartered in New York, New York. Williams began her insurance career …