Facebook Owner Meta Starts Final Round of Layoffs May 24, 2023 By Katie Paul Meta Platforms Inc started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a...
Alabama Couple Charged with Dumping Oil Over 33 Miles of Road, Creating a Hazard May 24, 2023 An Alabama couple has been arrested after authorities said they dumped oil over 33 miles of road around Decatur, in...
AXA Venture Partners to Raise €1.5 Billion Fund for Investments in Tech Startups May 24, 2023 By Benoit Berthelot AXA Venture Partners announced a new €1.5 billion ($1.6 billion) late-stage fund to invest in European and North American tech...
Time Lag Does Not End Insurer’s Duty to Defend, Court Rules May 24, 2023 By Andrew G. Simpson A federal court in New York has reiterated that a time lag between the date a trip-and-fall accident occurred and...
Partial Crane Collapse at Atlanta Construction Site Injures Four May 24, 2023 Four people were injured when a crane partially collapsed at a construction site in Atlanta, police said. Police and firefighters...
Special Report: How U.S. Doctors Buy Their Way Out of Trouble May 24, 2023 By Michael Berens When federal enforcers alleged in 2015 that New York surgeon Feng Qin had performed scores of medically unnecessary cardiac procedures...
Ryan Specialty to Acquire Socius Insurance May 24, 2023 Ryan Specialty said it has signed a definite agreement to buy national wholesale broker Socius Insurance Services from Abry Partners,...
Analysis – EU Power Battle Could Hamper Proposed Safeguards for Financial Products May 24, 2023 By Huw Jones European Union plans to increase protections for consumers of financial services are reigniting a long-simmering power battle between national and...
Update: Activist Investor Cevian Sells Entire Stake in UK Insurer Aviva May 24, 2023 By Iain Withers Activist investor Cevian Capital has sold down its entire stake in British insurer Aviva, ending its campaign to drive up...
How Much Should Insurers Trust AI Chatbots? May 24, 2023 Whether it’s underwriting, claims or customer service, it seems that artificial intelligence is top of mind for the insurance industry...