INSURANCE NEWS
Markets/Coverages: Resilience to Expand Cyber Capacity With Accredited
Resilience is expanding the availability of its cyber risk solutions to serve large enterprise accounts with revenue greater than $10 billion. The expanded underwriting authority provides broker partners with more options in addressing clients’ complex cyber risks. The expansion is …
How Westfield is Implementing AI in Claims
Identifying the needs and pain points of customers and then developing solutions to better service them and other company partners—those are the most important promises that artificial intelligence and new technologies hold for those overseeing an ongoing transformation at Westfield. …
Lufkin, Texas Meat Processing Plant Receives DWC Safety Recognition
The Texas Division of Workers’ Compensation announced the recipient of the 2024 Lone Star Safety Award is Double R Brand Foods LLC for its meat processing plant located in Lufkin, Texas. The recognition highlights the company’s commitment to workplace safety …
RFK Jr. Visits Texas Measles Epicenter After Death of Second Child Who was Infected
U.S. Health and Human Services Secretary Robert K. Kennedy Jr. visited the epicenter of Texas’ still-growing measles outbreak on Sunday, the same day a funeral was held for a second young child who was not vaccinated and died from a …
People Moves: URA Adds Fifth Third Bank Executive and Financial Planner to Leadership Team; AXA XL Names Hermann Head of Property for Central Zone
Unison Risk Advisors Adds Fifth Third Bank Executive and Financial Planner to Leadership Team Unison Risk Advisors (URA), headquartered in Cleveland, Ohio, hired Joe DiRocco, formerly an executive with Fifth Third Bank, as its new chief financial officer. Brett Tomoff …
Texas Attempt to Kickstart New Gas-Fired Power Is Stumbling
A Texas experiment to fund new natural gas-burning power plants with $5 billion in public loans is faltering as several of the proposed facilities drop out, threatening the state’s efforts to meet growing electricity demand. Together, the projects that have …
Boeing Settles Lawsuits With Two 737 MAX Crash Victims’ Families
U.S. planemaker Boeing Co reached settlements with the families of two people who died in the March 2019 crash of an Ethiopian Airlines Boeing 737 MAX on the eve of a trial, the company and lawyers for the families said …
Buffett Says Comments Attributed to Him on X, TikTok ‘All False’
Berkshire Hathaway Inc. said Friday that all reports circulating on social media sites including X, TikTok and Facebook “regarding comments allegedly made” by Warren Buffett are false. While Berkshire didn’t describe the nature of the posts, the firm’s statement came …
Collectors Feel Relief as Classic Cars Evade Trump’s Auto Tariffs
President Donald Trump’s sweeping tariff plan has rocked global markets. But one turgid addendum issued by US Customs and Border Protection just after his April 2 tariff pronouncement provided relief for those in the collectible car business: Vintage cars would …
Apple Appealing Against UK ‘Back Door’ Order, Tribunal Confirms
Apple is appealing against a British government order to create a “back door” to its encrypted cloud storage systems, the Investigatory Powers Tribunal (IPT) confirmed on Monday. The IPT said in a written ruling that it had refused the British …
Women Charged With Insurance Fraud After SUV Found in Mississippi River
On March 21, authorities in Vicksburg, Mississippi, received a 911 call about a stolen vehicle. Moments later, they had another call, about a partly submerged vehicle in the Mississippi River near a landing. The submerged vehicle prompted a multi-agency response, …
Appeals Court Blocks Trump From Removing Democrats From Labor Boards
A federal appeals court blocked U.S. President Donald Trump from removing Democratic members from two federal labor boards on Monday, setting aside its earlier ruling. The decision by the U.S. Court of Appeals for the District of Columbia Circuit further …