Daily news across AI, technology, finance, insurance, healthcare, automotive, real estate, and government
XPT Specialty launched its Texas Homeowners Binding Authority program, which gives retail partners in-house authority to place homeowners and dwelling coverage. The program is designed for primary, se
Aaron DiCaprio says agentic underwriting depends on data infrastructure
BenefitHub’s survey of nearly 13,000 workers finds 45% consult no one, while EBRI says plain-language explanations lift interest in supplemental cover
FBI data shows a 26% rise in losses even as cyber insurance rates keep falling
Ukrainian drones hit Russia’s biggest data center on Wednesday, part of a series of attacks appearing to target Moscow’s ambitions to develop Russian artificial intelligence capabilities o
Japan's cabinet approved a bill on Tuesday to provide P&I cover and partially compensate cargo and hull insurance payments for oil tankers and other vessels carrying petroleum products and liquefi
Chinese insurer PICC P&C has structured the first Hong Kong domiciled sidecar in a landmark in the development of the territory as a hub for ILS issuance in Asia Pacific. The HK$94 million (US$12
The startup-focused digital platform drops its name five years after being acquired by Baldwin
Liberty Mutual Insurance said it has an agreement to acquire Austral Seguradora, a top-five Brazilian surety provider headquartered in Rio de Janeiro. Upon completion of the transaction, Liberty Mutua
Ministers of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC participating countries in the Declaration of Cooperation said shipping and insurance costs have surged to unprec
The Illinois Department of Agriculture (IDOA) is offering its insurance discount program for cover crops for the eighth year. The program, called Fall Covers for Spring Savings Program, encourages cov
The Trump administration’s embrace of legal liability to enforce artificial intelligence safety sets the stage for future conflicts over who foots the bill when AI models go rogue: the companies
WCRI points to a hospital outpatient fee schedule cut and steady professional prices, while indemnity severity is up 24% over five years
The average cost of a business interruption claim is nearing $1 million, an upward trend that appears to have several causes. A new report shows BI losses are being pushed up by natural catastrophes,
The modeler’s range sits below Cotality’s, and tree falls on homes dominate the damage in the Florida Panhandle
Missouri Attorney General Catherine Hanaway has filed a suit against Temu, an e-commerce platform based largely in China, alleging the company uses aggressive and misleading data collection practices
New research gives benefits advisers more data to assess treatment outcomes, though long-term returns remain uncertain
Insurance and guarantees made up 14% of concessional support, but projects still have to be able to pay their own way
Zurich Insurance has handed Hong Kong CFO Martin Noble an additional role as chief financial officer for greater China. Noble (pictured) has been working at the company for nearly 13 years, holding se
Zero aircraft coverage at a drop zone. Then the propeller struck
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