Yearly Archives: <span>2023</span>

Vermont Regulators Remove Possibly Contaminated Marijuana From Stores

Vermont regulators have removed marijuana potentially contaminated with a pesticide from five retail stores after a consumer reported feeling sick after smoking some. Vermont’s Cannabis Control Board issued a consumer protection warning last week for all strains of marijuana produced …

Independent Insurance Agents of Texas Endorses CISR Designation

Austin, TX., February 14, 2023 –– The Certified Insurance Service Representative (CISR) designation provided by The National Alliance for Insurance Education & Research is now endorsed by the Independent Insurance Agents of Texas (IIAT) as their professional designation for CSRs. …

Liberty Mutual Launches Global Cyber Office to Better Manage Complex Cyber Risks

Liberty Mutual Insurance announced the formation of a Global Risk Solutions (GRS) Global Cyber Office and the appointment of a leadership team consisting of industry experts. The office aims to build and scale Liberty Mutual’s cyber capabilities around the world, …

As ChatGPT’s Popularity Explodes, U.S. Lawmakers Take an Interest

ChatGPT, a fast-growing artificial intelligence program, has drawn praise for its ability to write answers quickly to a wide range of queries, and attracted U.S. lawmakers’ attention with questions about its impact on national security and education. ChatGPT was estimated …

Norway’s $1.35 Trillion Wealth Fund: We Won’t Back Boards Who Fail on Climate

Norway’s $1.35 trillion wealth fund will step up its engagement with companies over their management of climate risk by voting against board members it deems are not doing enough on the issue, it said on Thursday. Investing the state’s revenues …

European Medicines Agency Committee Starts Safety Review of Cold Medicines

A European Medicines Agency (EMA) committee said on Friday it has started a review of decongestant medicines for cold and flu that contain the ingredient pseudoephedrine following safety concerns. The EMA said the review was due to reports of conditions …

India’s Kotak Mahindra Bank Weighs Sale of Stake in General Insurance Unit: Sources

Kotak Mahindra Bank Ltd., backed by billionaire Uday Kotak, is considering selling a minority stake in its general insurance unit, according to people familiar with the matter. The lender is working with an adviser on the potential sale of a …

Viewpoint: Used-Vehicle Prices May Be Cresting but Insurers Still Underwater

“It was the best of times, it was the worst of times” would be an apt description of the last few years for auto insurers. Immediately after a nationwide, months-long driving hiatus caused collisions to plummet and profits to surge, …

Cyclone Gabrielle Hits New Zealand Leaving Thousands of Homes Without Power

Tens of thousands of homes in northern New Zealand are without electricity as a powerful cyclone begins lashing the South Pacific nation, bringing high winds and intense rainfall. Cyclone Gabrielle is tracking north-east of New Zealand and the center of …

Car-Data Firms Flop as Automakers See Dollar Signs in Software

Auto companies promising billions in new software revenue by the end of the decade have been hiring engineers left and right, poaching executives from tech giants and trying to figure out how to process and monetize the oodles of data …