New Zealand’s weather agency issued rare red wind warnings and officials declared a state of emergency in the Canterbury region as a powerful spring storm brought destructive gales and heavy rain to the South Island and lower North Island on …
New Zealand Issues Rare Red Warnings Amid Destructive Spring Storm Read More »
Insurance industry trades praised a Senate committee for the passage this week of the Fix Our Forests Act, a measure to address high-risk wildfire regions. “The risk of wildfire can no longer be ignored or underestimated. We need action to …
Industry Groups Applaud Bill to Treat Forests, Mitigate Wildfire Risk Read More »
Artificial intelligence (AI) is revolutionizing the insurance business. Insurers recognize and are already taking advantage of the manifold ways in which AI can significantly improve their routine processes, decision-making and risk management. At the same time, some insurers recognize the …
Viewpoint: Insurance and AI—A Double-Edged Sword Read More »
Insurance data and technology firm Verisk has released a pet health insurance program offering U.S. insurers a standardized pet insurance program. Verisk’s new ISO Pet Insurance Line of Business program provides insurers looking to enter or expand in this growing …
Markets/Coverages: Verisk Offers Insurers a Standardized Pet Insurance Program Read More »
Reddit Inc. sued Perplexity AI Inc. and three other companies over alleged data scraping from the discussion site without permission, a sign of the growing demand and value of original data in the burgeoning AI industry. Three data scraping companies …
Reddit Sues Perplexity, Others Over Alleged Data Scraping Read More »
Analysts trying to reconcile third-quarter premium jumps reported by line of business for W.R. Berkley Corporation with the CEO’s opening remarks during an earnings conference call this week may well have been confused. “That bloom is off the rose,” President …
Rotting Apple: Berkley Explains Property Market, Company Appetite Read More »
Authorities were investigating the death of a rail conductor who was hit by a passing train in Montana, the National Transportation Safety Board said. The conductor worked for BNSF Railway, the agency said in a post on the social media …
Authorities Investigating Death of Rail Conductor Struck by Train in Montana Read More »
An Iowa man has been charged with one count of acting as an adjuster without a license—a class D felony—following an investigation by the Iowa Insurance Division’s Fraud Bureau. According to criminal complaints filed by the Iowa Insurance Division’s Fraud …
Iowa Man Charged with Public Adjusting Without a License Read More »
The mass evacuation by military aircraft of hundreds of residents from Alaska villages ravaged by the remnants of Typhoon Halong is complete, and officials and local leaders are turning attention to trying to stabilize damaged infrastructure and housing where they …
What to Know About Recovery Efforts in Alaska Following Storm Read More »
A United Airlines plane appears to have collided with a weather balloon while cruising over Utah at 36,000 feet last week, fracturing layers of its windshield and forcing an emergency landing. A California company called Windborne Systems said it started …
Airline Emergency Landing in Utah Likely Caused by Weather Balloon Collision Read More »
