Nationwide’s Kandhari Talks Building a Bionic Workforce With AI May 31, 2024 By Elizabeth Blosfield Nationwide’s Chetan Kandhari said the company is working to build a bionic workforce. Maybe that brings to mind robots, futuristic...
US P/C Insurers Hit Record Investment Income in 2023 May 31, 2024 The U.S. property/casualty insurance segment’s net investment income hit a record $73.9 billion in 2023, bolstered by the higher interest...
AIG Drops Claims Against Former Execs Who Started Dellwood Insurance May 31, 2024 By Chad Hemenway American International Group and a group of its excess and surplus lines subsidiaries have dropped claims against three former AIG...
‘Cautiously Optimistic’ on Florida: Defense Costs Down, but Reinsurance Still a Drag May 31, 2024 By William Rabb Analysts with the AM Best financial rating firm and other stakeholders are cautiously optimistic about the resurrection of the Florida...
Boeing Pays Millions in Wages After in Washington Investigation May 31, 2024 A Washington wage complaint investigation resulted in The Boeing Co. paying $11.5 million in unpaid wages to nearly 500 workers....
Clinic Sued for Allegedly Firing Employee for Not Disclosing Disability in Job Interview May 31, 2024 The Equal Employment Opportunity Commission (EEOC) is pursuing a case against an employer the agency says fired a new employee...
Denial of House Fire Claim Upheld. Insureds Never Knew Their Policy Was Nonrenewed. May 31, 2024 By Andrew G. Simpson A Connecticut Appeals Court has affirmed that an insurer is not obligated to provide actual notice of a home insurance...
Baltimore’s Johns Hopkins Team Assessing Likelihood of Another Tragic Bridge Disaster May 31, 2024 By Lea Skene Researchers at Johns Hopkins University in Baltimore are assessing the country’s bridges to determine the likelihood of another disaster like...
People Moves: Pastorius Joins Alliant Insurance Services as EVP, Managing Director May 31, 2024 Mark Pastorius joined Alliant Insurance Services as executive vice president, managing director within Alliant Specialty. Pastorius’ insurance career spans more...
Oregon Wineries and Vineyards Seek $100M from PacifiCorp for Wildfire Smoke Damage May 31, 2024 By Claire Rush Dozens of Oregon wineries and vineyards have sued PacifiCorp over the deadly 2020 wildfires that ravaged the state, alleging that...