Texas Refineries Prepare for First Winter Storm, Frigid January January 10, 2025 By Barbara Powell Texas refineries are bracing for an onslaught of cold, snow and freezing rain as the US South’s first major winter...
Warner Pacific Completes Acquisition of 5 Acrisure General Agencies January 10, 2025 General agency Warner Pacific said it has acquired five general agencies from broker and fintech specialist, Acrisure, effective Dec. 1...
People Moves: AIG Moves Flatt to Global CUO; Tooker Now President at The Hartford; Berkley Financial Names Brinkley Chief of Claims January 10, 2025 American International Group (AIG) said Christopher Flatt, currently head of AIG North America alternative channels, has been named global chief...
Cal/OSHA Says Safeway Exposed Workers to Serious Hazards at Largest Warehouse January 10, 2025 The California Division of Occupational Safety and Health cited Safeway $182,000 in proposed penalties for safety violations that reportedly put...
Collateral Agreement Didn’t Mention Tort Claims, Cutting SUNZ Out of BP Funds January 10, 2025 By William Rabb If insurance carriers want dibs on a company’s assets as premium security or collateral, they had better specify that those...
Catastrophe Bond Funds Say They’ll Dodge Losses as LA Fires Rage January 10, 2025 By Gautam Naik The wildfires sweeping through Los Angeles are unlikely to trigger significant losses for catastrophe bonds designed to capture such risks....
Meta Knew It Used Pirated Books to Train AI, Authors Say January 10, 2025 By Blake Brittain Meta Platforms used pirated versions of copyrighted books to train its artificial intelligence systems with approval from its CEO Mark...
White House Rushes to Finish Cyber Order After China Hacks January 10, 2025 By Katrina Manson and Jake Bleiberg The Biden administration is racing to put out an executive order meant to shore up U.S. cybersecurity in its dwindling...
Brain Monitoring: It Could Improve Employee Performance or Worsen Discrimination January 10, 2025 By Paul Brandt-Rauf Despite all the attention on technologies that reduce the hands-on role of humans at work – such as self-driving vehicles,...
AM Best Upgrades Financial Strength Ratings for Employers Holding Subsidiaries January 10, 2025 AM Best has upgraded the Financial Strength Rating (FSR) of Reno, Nevada-based Employers Holdings Inc.’s subsidiaries to A (Excellent) from...