April 28, 2026

Viewpoint: Insurance’s Data Problem Comes Into Focus at Hormuz

Executive Summary: Rapidly shifting war-risk conditions are exposing structural weaknesses in delegated authority underwriting, according to Alex Babin, CEO of Hercules Systems, who notes that many underwriters still rely on delayed, inconsistent bordereaux data. While AI is accelerating data extraction, …

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People Moves: WTW Names Lipkin Chief AI Officer, Wintrob Head of AI Acceleration; ReSource Pro Appoints Fu SVP of Data Strategy

WTW appointed Spike Lipkin as chief AI officer and Gordon Wintrob as head of AI acceleration. These new enterprise appointments will scale Newfront’s AI-native approach and innovative capabilities across WTW. Working in close partnership with WTW’s technology function and businesses, …

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FEMA Restoring Slashed Flood Mitigation Funds, Now With $20M for SE Projects

A year after the Trump Administration attempted to halt funding for some resiliency programs, the Federal Emergency Management Administration announced almost $20 million in flood mitigation grants around the Southeast. The funding for projects in Alabama, Florida, Kentucky, Mississippi and …

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Viewpoint: Medical MJ Resked: Implications for Insurance Coverage, Capacity and Compliance

The Department of Justice issued an order on April 23, rescheduling state-licensed medical marijuana and Food & Drug Administration-approved cannabis products to Schedule III of the Controlled Substances Act (CSA). The order is also expected to jumpstart the stalled Drug …

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