Insurance

Wall Street’s main regulator is moving to introduce new rules for brokerages using artificial intelligence to interact with clients. The US Securities and Exchange Commission said Tuesday that a long contemplated plan to rein in conflicts of interest associated with …

Two U.S. senators introduced legislation on Wednesday that would allow social media companies to be sued for spreading harmful material created with artificial intelligence. The law would open the door for lawsuits to proceed against social media companies for claims …

Four intrepid reinsurance executives from Convex and Swiss Re are rowing from Monterey, Calif. to Hawaii – as part of the “World’s Toughest Row – Pacific.” It’s all for charity – and, of course, for a challenging, life-changing adventure. In …

XPT Specialty names Williams VP and Broker XPT Specialty has hired Catrina Williams as vice president and broker in the commercial lines division of XPT’s Texas offices. XPT is headquartered in New York, New York. Williams began her insurance career …

The Texas Department of Insurance Division of Workers’ Compensation (DWC) awarded three companies the Lone Star Safety Award for their exemplary workplace health and safety programs and low rates of work-related injuries and illnesses. Among them are the Ocean Spray …

NEW ORLEANS (AP) – Authorities in a southwest Louisiana school district have agreed to develop a magnet school in a historically Black school zone to draw students of all races from across the district in a step toward resolving a …

EAST LANSING, Mich. (AP) – Two students who were among eight killed or wounded in a winter shooting at Michigan State University are taking steps toward suing the school. Attorneys for Nate Statly and Troy Forbush, who survived the shooting, …

DAVENPORT, Iowa (AP) – Crews on Monday started demolishing the remains of a six- story apartment building in Davenport, Iowa, that partially collapsed more than two weeks ago, killing three people and leaving dozens homeless. Workers were using large excavators …

After seven minor earthquakes were recorded in recent weeks in western North Carolina, the state’s insurance commissioner is encouraging property owners to check with their insurance agents and make sure they’re covered for natural disasters. Earthquake damage is generally not …

Guy Carpenter has appointed Matthew McCabe as managing director of cyber broking, based in New York. McCabe rejoins Marsh McLennan from Kivu Consulting, where he was general counsel and risk officer. Previously, he was a senior vice president at Marsh, …