Norfolk Southern Faces Criticism Over One-Minute Railcar Inspections November 8, 2024 By Josh Funk Norfolk Southern sparked renewed concerns about flaws being missed during railcar inspections when it told employees this week they should...
Fires Flare in Brooklyn’s Prospect Park Amid US East Drought November 8, 2024 By Brian K. Sullivan and Nacha Cattan Brush fires broke out in a major New York City park and in New Jersey on Friday as the worst...
Wind-Driven Southern California Blaze Has Destroyed at Least 132 Structures November 8, 2024 A Southern California wildfire that was driven by high winds has destroyed at least 132 structures and forced more than...
Update: Citizens Resumes Binding as Rafael Turns Away From Florida November 8, 2024 Florida’s Citizens Property Insurance Corp. has lifted its suspension on binding of policies as Hurricane Rafael turned away from Florida...
Florida Boom Metros See Biggest Drop in Home Prices Since 2011 November 8, 2024 By Michael Sasso An area along Florida’s west coast including affluent Sarasota is seeing the worst home price declines since the aftermath of...
Hippo Sells Majority Stake in First Connect Insurance to Centana Growth Partners November 8, 2024 By Chad Hemenway Insurtech Hippo said it has sold a majority stake in First Connect Insurance Services, a digital platform for independent agents....
Viewpoint: Are You Covered for AI Risks? November 8, 2024 By Allison R. Burke and William R. Reed You can’t go anywhere without hearing about the impact of generative artificial intelligence on … well, everything. The insurance industry...
Tech Update: WTW Unveils Machine-Led Solution to Enhance Insurance Reserving November 8, 2024 Insurance broker WTW announced the launch of ResQ Machine-led Reserving, which WTW describes as a game-changing technology for insurers and...
Aon’s NFP Acquires Irish Wealth and Corporate Benefits Advisory Business November 8, 2024 NFP, the Aon company and international insurance brokerage and consulting firm, announced it has acquired HC Financial, a financial planning...
Hannover Re’s Henchoz to Step Down as CEO, Succeeded by CFO Jungsthöfel November 8, 2024 Hannover Re announced that Chief Executive Officer Jean-Jacques Henchoz (60) is stepping down and will be replaced by the current...