There’s Still Work to Do Addressing Ethics in Autonomous Vehicles July 9, 2020 There’s a fairly large flaw in the way that programmers are currently addressing ethical concerns related to artificial intelligence (AI)...
What ‘Follow the Fortunes’ Means for COVID-19 Reinsurance Claims July 8, 2020 By Susanne Sclafane How reinsurers will respond when cedents pay their insureds for COVID-related business interruptions remains an open question, legal and insurance...
Insurance Fraud Investigators Ramp Up During Reopening, Even as Claims Volumes Drop July 7, 2020 By Jim Sams Fraud inevitably rises after natural disasters and during economic downturns. The COVID-19 pandemic has brought both conditions to the entire...
Insured Losses for 2019/2020 Australia Bushfires Estimated at A$1.9B (US$1.3B): PERILS July 7, 2020 The insurance industry’s loss footprint for the Australian bushfires of 2019/2020 is estimated at A$1.9 billion (US$1.3 billion), according to...
‘G4’ Swine Flu Virus Is Not New, Does Not Easily Infect Humans: China July 6, 2020 SHANGHAI/BEIJING – China’s Ministry of Agriculture and Rural Affairs said on Saturday that the so-called “G4” strain of swine flu...
American Companies Facing Pressure to Reveal Data on Diversity of Employees July 6, 2020 By Ross Kerber and Simon Jessop American companies are coming under increasing pressure from investors to publicly disclose information about diversity among employees in the wake...
Congressional Action Plan on Climate Change Applauded by Zurich, IBHS July 2, 2020 By Don Jergler A Congressional action plan for a clean energy economy is garnering a bit of praise from a few important names...
Aon Reverses Salary Cuts Implemented in May for Most Employees June 30, 2020 By L.S. Howard Aon will end the salary cuts implemented in May as a response to the economic uncertainties caused by the COVID-19...
U.S. Commercial Auto Insurers Report Worst Losses in Decade: AM Best June 30, 2020 The U.S.commercial automobile insurance segment’s underwriting losses deepened to $4.0 billion in 2019, the segment’s worst loss in 10 years...
Potential New ‘Pandemic Virus’ Has Been Found in Chinese Pigs, Warns Study June 30, 2020 By David Stanway SHANGHAI – A new flu virus found in Chinese pigs has become more infectious to humans and needs to be...