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...
Ohio Resin Manufacturer Fined $171K for Exposing Workers to Respiratory Hazards May 24, 2023 In certain concentrations, flammable vapors can ignite, leading to powerful explosions and leaving workers seriously injured or worse. For workers...
Wisconsin Republicans Propose $125M to Combat PFAS Pollution May 24, 2023 By Todd Richmond and Scott Bauer MADISON, Wis. (AP) – Wisconsin Republicans on Thursday announced plans to put $125 million aside to combat pollution from so-called...
Minneapolis to Pay $700K Settlement With Family Members Detained While Police Killed Their Father May 24, 2023 MINNEAPOLIS (AP) – The city of Minneapolis has agreed to a $700,000 settlement with family members who were locked inside...
Bill Would Offer Crop Insurance Discount to Farmers Who Plant Cover Crops May 24, 2023 By Ezra Amacher A bipartisan bill proposed by federal lawmakers would provide farmers a discount on crop insurance premiums by planting cover crops....
Florida Reinsurance ‘More Orderly’ as Defense Costs Begin to Ease, Analysts Say May 24, 2023 By William Rabb With the June 1 reinsurance renewals a week away, the outlook for Florida-based property insurers may not be quite as...
Utah Allocates Millions to Prepare for Flood Damage After Wet Winter May 24, 2023 By Sam Metz As the winter’s record snowpack melts and cascades down from the Rockies, Utah lawmakers set aside millions of dollars to...
Washington Startup’s Ex-CFO Accused of Diverting $35M, Losing It in Crypto May 24, 2023 By Gene Johnson The former chief financial officer of a Seattle, Washington-based startup took $35 million of his employer’s money without permission and...
Columnist Seeks to Add $10M to Defamation Case for Trump’s Post-Verdict Comments May 24, 2023 By Larry Neumeister E. Jean Carroll, the advice columnist who won a $5 million sexual abuse and defamation award against former President Donald...