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INSURANCE NEWS
Michigan Transportation Company Sued for Sexual Harassment
Davis Cartage Co., a transportation, warehousing and logistics company headquartered in Corunna, Michigan, violated federal law by allowing its president of logistics to sexually harass two female employees at its Owosso, Michigan location, the U.S. Equal Employment Opportunity Commission (EEOC) …
First Wild Screwworm Fly Detected in Texas Since Outbreak Began
The US Department of Agriculture has caught its first wild screwworm fly since the parasite was detected in the country’s livestock nearly four months ago, signaling the potential for continued spread even as overall cases have remained muted. The wild …
People Moves: BevCap Adds Gross as Business Development Executive
BevCap Management has added David Gross as a business development Executive, where he will focus on expanding the reach of the company’s Dealer Management Group (DMG) and Sharefield captive solutions throughout the Midwest and Western United States. Gross brings more …
Insurance Tech: WTW Unveils Radar AI Assistant for Radar Vision
WTW said it released Radar AI Assistant, a new natural language capability within Radar Vision, its AI-driven performance and experience monitoring tool built for insurers. The AI technology enables pricing, underwriting, claims and portfolio management teams to identify emerging issues …
ECB Official Warns of ‘Chronic’ Climate Risk as Weather Shocks Mount
The European Central Bank’s top climate official says a pattern is emerging whereby the cumulative impact of extreme weather shocks is morphing into its own risk category. There is a “chronic impact that is slowly surfacing,” Irene Heemskerk, head of …
Register: Risky Future AI Tools for Digital Quoting ‘Demo Day’ on September 30
Insurance Journal’s Risky Future series is hosting the “AI Tools for Digital Quoting” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance carriers, retail agents, managing general agencies, agency principals, product leaders. This event will highlight …
Nor’easter Begins Tapering Off After 1 Death and Weekend of Flooding, Power Ourtages
A powerful Nor’easter storm with heavy rains and strong winds that took at least one life and flooded low-lying communities continued to menace the Mid-Atlantic and New England states today. The National Weather Service said the storm will continue to …
Florida AG Sues Roofing Firm After Dozens of Complaints About Unfinished Work
Florida’s attorney general has filed suit against a high-profile roofing company with offices around the country, seeking penalties, refunds to homeowners, and a court order that would bar the firm from further deceptive actions. Evolve Construction & Restoration and six …
Mexico’s Pacific Coast Braces for Hurricane Polo’s Life-Threatening Landfall
Mexican authorities urged residents of Baja California Sur to prepare for the imminent arrival of Hurricane Polo on Monday, warning of life-threatening winds and flash floods. Restaurant and store owners in the coastal cities of Loreto and Ciudad Constitucion boarded …
China, US Agree to Tariff Cuts on $60B of Goods Like Agriculture, Household Items
China and the United States have agreed to cut tariffs imposed on $60 billion worth of goods imported from each other, on an array of products ranging from US corn to cosmetics, and from Chinese household appliances to toys. Under …
Nearly 100% of US Now Covered by NOAA’s Flood Mapping Tool
NOAA’s National Weather Service announced that Flood Inundation Mapping (FIM), a tool for predicting river flooding, has expanded from prior coverage of 60% of the country to 100%. The experimental mapping tool produces estimates of land area covered in water …
Low Rhine Levels Force Companies to Adapt to New Climate Normal
The halls of the Development Center for Ship Technology and Transport Systems in Duisburg, Germany are lined with model ships, small-scale prototypes of vessels that may end up working on Europe’s busiest waterway, the Rhine. This year, DST’s researchers are …