Swiss Re Partners with Insurtech Claim Genius for Efficient Motor Claims Using AI September 22, 2021 Swiss Re is partnering with Claim Genius, an insurtech that provides artificial intelligence (AI) insurance claims solutions, to enhance motor...
Cyber Insurtech BOXX Raises US$10M From Zurich Insurance and 2 Other Investors September 22, 2021 BOXX, the Toronto-based cyber insurer for small businesses, individuals and families, announced it has closed its oversubscribed US$10 million (C$12.7...
Honeywell and Asbestos Trust Countersue Over Disputed Claims of $2.3 Billion September 22, 2021 By Steven Church Honeywell International Inc. sued a trust for victims of asbestos poisoning, claiming the fund’s managers are wrongly paying people who...
China Will Not Build Coal-Fired Power Plants Abroad, Says Xi, in Climate Pledge September 22, 2021 By Valerie Volcovici, David Brunnstrom and Michelle Nichols UNITED NATIONS — Chinese leader Xi Jinping said on Tuesday that China would not build new coal-fired power projects abroad,...
New Zealand Raises Fines for People and Companies that Break COVID-19 Rules September 22, 2021 WELLINGTON – New Zealand on Friday [Sept. 17] announced higher fines of up to NZ$12,000 ($8,400) for individuals breaching coronavirus...
Karen Clark & Co. Releases Version 1.0 of U.S. Wildfire Model September 22, 2021 Karen Clark & Co. (KCC), the Boston-based catastrophe modeling company, announced it has released Version 1.0 of its high-resolution U.S....
Biden Administration Targets Crypto Pipelines in Fight Against Ransomware Attacks September 22, 2021 By Kartikay Mehrotra and Jennifer Jacobs The Biden administration plans a fresh campaign against ransomware attacks through sanctions to cut off criminals’ cryptocurrency pipelines, and it...
Here’s Why Auto Safety Investigators Are Still Probing Takata Air Bag Inflators September 22, 2021 By David Shepardson and Paul Lienert Why are U.S. auto safety regulators opening a new investigation into Takata air bag inflators installed in millions of vehicles...
North Carolina Mother, Son Charged With Insurance Fraud September 22, 2021 Officials with a North Carolina agency have accused a mother and son of falsely telling an insurance company that her...
Washington Proposes 3.1% Increase in Workers’ Comp Rates for 2022 September 21, 2021 The Washington Department of Labor & Industries is proposing an increase in the average price employers and workers pay for...