ZestyAI, a provider of AI-powered property and risk analytics, announced that its Severe Convective Storm suite, including Z-HAIL™, Z-WIND™, and Z-STORM™, has received regulatory approval from the Minnesota Department of Commerce. This milestone supports Minnesota insurers in improving storm risk …
A U.S. auto safety agency said on Friday it is reconsidering a landmark rule from the administration of former President Joe Biden requiring nearly all new cars and trucks by 2029 to have advanced automatic emergency braking systems. The National …
Kansas Insurance Commissioner Vicki Schmidt announced the Kansas Department of Insurance recovered more than $11.8 million for Kansans in 2024. The Department’s Consumer Assistance Division has recovered over $47.7 million for Kansans since Commissioner Schmidt first took office in 2019. …
One of the world’s biggest crop traders has halted loading of grain vessels at US Gulf terminals as the region’s worst snowstorm in 130 years slams the region. Archer-Daniels-Midland Co. declared force majeure in southern Louisiana with vessels struggling to …
Texas and nine other Republican-led states are ratcheting up pressure on Wall Street’s diversity programs, asking firms about their policies on hiring and supplier selections as the Trump administration moves to gut DEI. Texas Attorney General Ken Paxton wrote on …
Specialist Risk Group (SRG), the London-based insurance intermediary, announced it will acquire the assets of Ecclesia Group in The Netherlands and Belgium – a move that will see seven businesses and 700 new colleagues across the two countries join SRG. …
Ki, the Lloyd’s digital follow platform, announced it completed the separation from its parent company, Fairfax Group, becoming a standalone subsidiary on Jan. 1, 2025. Ki was created in 2020 and started writing business through its Syndicate 1618 in 2021. …
According to a new analysis of homeowners insurance rates, some Midwest states saw the biggest jumps in premiums last year—and American Family Insurance topped a list of 10 insurers ranked by average rate change. The analysis published by S&P Global …
The Los Angeles wildfires could consume more than 30% of the aggregate natural catastrophe budgets set for 2025 by Europe’s four largest reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR, according to a Fitch Ratings commentary. Insured losses …
New York Attorney General Letitia James said on Wednesday her office obtained a $1.065 billion judgment against Yellowstone Capital, a cash advance provider accused of predatory lending, as part of a settlement that gives small businesses more than a half-billion …
