INSURANCE NEWS
WHO, Scientists Call for Urgent Action on Dangerous Mpox Strain
The spread of mpox in Africa needs to be addressed urgently, the World Health Organization said on Tuesday, as scientists warned separately of a dangerous strain in the Democratic Republic of Congo. “There is a critical need to address the …
‘Great Resignation’ Enters Third Year as Workers Embrace AI, Upskilling, PwC Says
The proportion of workers who expect to switch employers in the next 12 months is higher than that from the “Great Resignation” period of 2022, a PwC survey of the global workforce found. Around 28% of more than 56,000 workers …
Food Safety Regulators Expand Bird Flu Testing in Milk Products
The U.S. Food and Drug Administration has begun testing more dairy products for evidence of the bird flu virus as outbreaks spread among dairy herds across the country. More than 120 dairy herds in 12 states have tested positive for …
People Moves: Aon’s Mann, Trombino and Younger Join WTW Financial Institutions Team
WTW appointed three former Aon executives to roles within its financial institutions and professional services industry division, a part of Corporate Risk and Broking (CRB) North America. Heather Mann, based in Miami, joins WTW from Aon, where she spent the …
GEICO Tops Progressive With Higher J.D. Power Scores
Although Berkshire Hathaway’s Warren Buffett and Ajit Jain told investors last month that GEICO is playing catch-up with Progressive to improve technology and connect rate to risk, Berkshire’s personal auto insurer still surpasses Progressive on customer satisfaction. According to the …
CDK Tells Customers Dealer System Likely Down Until June 30
Car dealerships crippled by a cyberattack on software provider CDK Global probably won’t have their systems restored until the end of the month. In a message to clients Tuesday, CDK warned dealerships that because the outages could persist until June …
People Moves: Kelly, Cochrane and Gagne Join King Insurance; Alliant Adds Wimsatt
Florida-based King Insurance Partners hired new team members at its Manchester, New Hampshire location. Kathy Kelley, commercial lines manager, has been in the insurance industry for over 25 years in the Manchester area, previously serving as partner at Richard E …
People Moves: Sompo Taps AXA XL’s Murley as Head of UK Distribution, Insurance; Howden’s Aviation Announces 4 Senior Hires
This edition of International People Moves details appointments at Sompo International and Howden Broking. A summary of these new hires follows here. Sompo Taps AXA XL’s Murley as Head of UK Distribution, Insurance Sompo, the Bermuda-based provider of commercial and …
NTSB Proposes Major Safety Changes After 2023 Ohio Train Derailment
The National Transportation Safety Board opened a meeting Tuesday to determine the probable cause of a February 2023 Norfolk Southern NSC.N train derailment in East Palestine, Ohio and is making sweeping recommendations to boost rail safety. The derailment forced residents …
Officials Investigate Southwest Jet That Flew Low Over Oklahoma City Suburbs
DALLAS (AP) — Federal officials are investigating a Southwest Airlines jet that triggered a low-altitude alert as it prepared to land in Oklahoma City but was still nine miles from the airport. The Federal Aviation Administration said Thursday that an …
Velocity Risk Partners with LSU to Develop Gulf Coast Hurricane Model
Velocity HoldCo, the parent company for Velocity Risk Underwriters, announced a joint venture with Louisiana State University (LSU) on a Gulf Coast-central hurricane model. The model uses daily data to predict US hurricane seasonal activity, representing a significant advancement in …
Uber Picks Once-Rival Aurora to Launch Driverless Truck Offering in Texas
Nearly a decade after it began working on self-driving vehicles, Uber Technologies Inc. plans to haul freight fully autonomously for the first time later this year through an expansion of an earlier deal with Aurora Innovation Inc. The former rivals …