Yearly Archives: <span>2023</span>

Texas Freight Train Collision Injures 2

CHICO, Texas (AP) – A train collision and subsequent derailment injured two rail employees in Texas, according to a company official. A Union Pacific freight train collided with an unoccupied train that was parked on a siding around 7 p.m. …

People Moves: Everest Names Mulray President of North America Insurance; Swiss Re Names Aon’s Quiroga Arias as Head Risk Consulting & Analytics

Everest Names Mulray President of North America Insurance Everest Re Group Ltd., the Bermuda-based property/casualty, and specialty re/insurer, announced the appointment of Mike Mulray as executive vice president and president of North America Insurance, effective immediately. Mulray most recently served …

Restaurants Affected by Ransomware Attack on Payment System Firm NCR

Atlanta-based NCR Corp., one of the largest makers of payment systems, self-checkout technology and ATMs, said it had been targeted this week by a ransomware attack, affecting some customer restaurants. An NCR data center was disabled by the attack, which …

Philips Slow in Replacing Recalled Sleep Devices, Regulator Says

American consumers may be waiting longer than expected for Royal Philips NV to replace sleep apnea devices that were recalled, the US drugs regulator has warned. The number of replacement and remediated devices sent to consumers in the US is …

Elon Musk Says He Will Launch Rival to Microsoft-Backed ChatGPT

Billionaire Elon Musk said on Monday he will launch an artificial intelligence (AI) platform that he calls “TruthGPT” to challenge the offerings from Microsoft and Google. He criticized Microsoft-backed OpenAI, the firm behind chatbot sensation ChatGPT, of “training the AI …

Markets/Coverages: Everspan, MGA Ledgebrook Partner on GL Program

Everspan Group said it has partnered with specialty MGA Ledgebrook on a new program offering general liability and supported excess liability to mid-market businesses. Coverage will be distributed through wholesale brokers. Built upon the foundational expertise of underwriters John Mullen …

People Moves: California Insurance Commissioner Makes WCIRB Governing Committee Appointments

California Insurance Commissioner Ricardo Lara made two reappointments to the California Workers’ Compensation Insurance Rating Bureau’s governing committee. Diana Rich is the director of risk management for Foundation Building Materials, LLC, and serves as principal for Clark Enterprise Partners. She …

Supreme Court Tackles Religious Bias Claim Against Postal Service

The U.S. Supreme Court on Tuesday is set to hear an evangelical Christian former mail carrier’s claim of religious discrimination against the U.S. Postal Service after he was disciplined for refusing to work on Sundays in a case that could …

Insurance Industry Charitable Foundation Launches 2023 Step Up Challenge:

Annual challenge begins April 24, raises funds in the fight against childhood hunger in US & UK LOS ANGELES (April 13, 2021) – The Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to helping communities and enriching lives, …

Markets/Coverages: Resolute Global Partners Launches New Type of Reinsurance Contract

Resolute Global Partners, an investment adviser specializing in insurance and reinsurance, announced the launch of “Footprint,” a new type of reinsurance contract, which the firm created in collaboration with global reinsurance broker Gallagher Re and catastrophe modeling firm Karen Clark …