News – Insurance Journal

/News – Insurance Journal

About News – Insurance Journal

This author has not yet filled in any details.
So far News – Insurance Journal has created 3332 blog entries.
8 09, 2021

INSIGHT: How Big Tech Ethics Panels Are Putting Brakes on AI

By | September 8th, 2021|Uncategorized|Comments Off on INSIGHT: How Big Tech Ethics Panels Are Putting Brakes on AI

In September last year, Google’s cloud unit looked into using artificial intelligence to help a financial firm decide whom to lend money to. It turned down the client’s idea after weeks of internal discussions, deeming the project too ethically dicey …

8 09, 2021

Ryan Specialty CEO Clark Departs for Personal Reasons

By | September 8th, 2021|Uncategorized|Comments Off on Ryan Specialty CEO Clark Departs for Personal Reasons

Ryan Specialty Group announced that Tom Clark, chief executive officer of RSG Underwriting Managers, Ryan Specialty’s underwriting management specialty, will resign from his position effective September 30, 2021. “It is unfortunate that I have to unexpectedly step away from my …

8 09, 2021

World’s Largest Carbon Capturing Technology Plant Starts in Iceland

By | September 8th, 2021|Uncategorized|Comments Off on World’s Largest Carbon Capturing Technology Plant Starts in Iceland

The world’s largest plant that sucks carbon dioxide directly from the air and deposits it underground is due to start operating on Wednesday, the company behind the nascent green technology said. Swiss start-up Climeworks AG, which specializes in capturing carbon …

8 09, 2021

South Africa’s State Insurer Sasria Looking for Bigger Bailout

By | September 8th, 2021|Uncategorized|Comments Off on South Africa’s State Insurer Sasria Looking for Bigger Bailout

CAPE TOWN — South Africa’s state-owned insurance company Sasria is in talks with National Treasury for a larger bailout than the 3.9 billion rand ($272 million) already promised, its managing director told a parliamentary committee on Wednesday. Sasria, the only …

8 09, 2021

NWS Says Seven Tornadoes Hit New Jersey, Pennsylvania During Storm

By | September 8th, 2021|Uncategorized|Comments Off on NWS Says Seven Tornadoes Hit New Jersey, Pennsylvania During Storm

Seven tornados tore through parts of Pennsylvania and New Jersey during last Wednesday night’s storm, including an EF-3 that damaged homes and businesses in the Garden State, according to the National Weather Service. Forecasters said surveys of storm damage indicated …

8 09, 2021

Commercial Auto Insurance Profitability Still Down the Road: S&P

By | September 8th, 2021|Uncategorized|Comments Off on Commercial Auto Insurance Profitability Still Down the Road: S&P

U.S. commercial auto insurers face some blips and disruptions on their road to profitability due to inflation and the spotty post-pandemic economic recovery. According to a Standard & Poor’s Global Ratings report, the sector got a break in 2020 because …

8 09, 2021

People Moves: RT Specialty’s Bernardo, Cross Insurance’s Jermyn Promoted

By | September 8th, 2021|Uncategorized|Comments Off on People Moves: RT Specialty’s Bernardo, Cross Insurance’s Jermyn Promoted

Bernardo Promoted Within RT Specialty’s Environmental and Construction Practice Gina Bernardo has been promoted to account manager within the environmental and construction professional (ECP) practice of RT Specialty. She is based in RT ECP’s Hamilton, New Jersey, offices. Since joining …

8 09, 2021

Users Want Self-Driving Vehicles That Drive Like They Do, Sort of

By | September 8th, 2021|Uncategorized|Comments Off on Users Want Self-Driving Vehicles That Drive Like They Do, Sort of

Do passengers want self-driving cars to mimic their personal driving behaviors or do they hold these autonomous vehicles to a different standard? Recent studies have shown that people have negative attitudes about using autonomous systems because they don’t trust them. …

8 09, 2021

New York Governor Hochul Signs Request for Expedited Major Disaster Declaration

By | September 8th, 2021|Uncategorized|Comments Off on New York Governor Hochul Signs Request for Expedited Major Disaster Declaration

Following her visits to communities impacted by flooding from Hurricane Ida, New York Governor Kathy Hochul signed a request to President Biden for an expedited major disaster declaration. With presidential approval, the declaration would deliver individual and public assistance for …

8 09, 2021

Officials Say Wildfire Near Lake Tahoe Largely Kept from Towns

By | September 8th, 2021|Uncategorized|Comments Off on Officials Say Wildfire Near Lake Tahoe Largely Kept from Towns

The huge wildfire near the Lake Tahoe resort region was about half contained as of Tuesday night, with the head of California’s firefighting agency saying crews largely have been able to keep flames away from populated areas. “We’ve been able …