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2 07, 2026

DUAL North America Launches California Homeowners Product

By | July 2nd, 2026|Uncategorized|Comments Off on DUAL North America Launches California Homeowners Product

DUAL North America launched a California Homeowners insurance product, expanding its U.S. personal lines offering. The product is written on an HO-3 form, backed by an A.M. Best ‘A’ rated carrier, and offers dwelling coverage limits of up to $5 …

2 07, 2026

Big Tech’s Carbon Emissions Spike With Runaway Growth of AI

By | July 2nd, 2026|Uncategorized|Comments Off on Big Tech’s Carbon Emissions Spike With Runaway Growth of AI

The greenhouse gas emissions of Amazon.com Inc. and Alphabet Inc.’s Google spiked in 2025, pointing to a growing problem for the hyperscalers: reconciling their climate goals with the massive amount of energy required to power AI, much of it still …

2 07, 2026

Washington Farm Labor Contractor Fined $700,000 for Breaking Worker Protection Laws

By | July 2nd, 2026|Uncategorized|Comments Off on Washington Farm Labor Contractor Fined $700,000 for Breaking Worker Protection Laws

A Washington farm labor contracting company faces nearly $700,000 in fines for labor violations. The Washington State Department of Labor & Industries cited Superbee Contracting LLC, of Moxee in Yakima County, with breaking six farmworker protection laws involving nearly 1,200 …

2 07, 2026

Cedents Find Competitive Market Conditions at Midyear Reinsurance Renewals: Brokers

By | July 2nd, 2026|Uncategorized|Comments Off on Cedents Find Competitive Market Conditions at Midyear Reinsurance Renewals: Brokers

Record levels of reinsurance capital and strong reinsurer profits are driving increasing reinsurer risk appetites and softening prices during the midyear renewals, according to reinsurance brokers in their respective market reports. “In the traditional property market, abundant reinsurer capacity continues …

1 07, 2026

Venezuela Earthquake Death Toll Nears 2,000

By | July 1st, 2026|Uncategorized|Comments Off on Venezuela Earthquake Death Toll Nears 2,000

The death toll from the twin earthquakes that struck Venezuela last week rose to nearly 2,000, as aftershocks eased in both frequency and intensity and authorities expanded recovery efforts.

2 07, 2026

Virginia to Allow Recreational Marijuana Sales in Retail Stores in 2027

By | July 2nd, 2026|Uncategorized|Comments Off on Virginia to Allow Recreational Marijuana Sales in Retail Stores in 2027

Five years after becoming the first Southern state to legalize possession of marijuana, Virginia has approved a legal way to sell it to recreational users. State budget legislation enacted Monday will allow up to 350 cannabis shops to open across …

2 07, 2026

US Declines to Extend North American Trade Deal

By | July 2nd, 2026|Uncategorized|Comments Off on US Declines to Extend North American Trade Deal

The Trump administration on July 1 declined to extend the U.S.-Mexico-Canada Agreement, starting a decade-long clock to wind down the trade deal as it seeks changes to try to restore manufacturing jobs and reduce U.S. trade deficits with its North …

1 07, 2026

Wayve Courts Automakers With AI Driving System That Learns Like Humans

By | July 1st, 2026|Uncategorized|Comments Off on Wayve Courts Automakers With AI Driving System That Learns Like Humans

Autonomous-driving startup Wayve is riding a tide of investor interest. The London-based company has pulled in $2.8 billion from a roster of investors and strategic partners that includes big names across the technology and automotive sectors, from Nvidia to Mercedes-Benz …

2 07, 2026

Travelers Builds Insurance-Specific LLM

By | July 2nd, 2026|Uncategorized|Comments Off on Travelers Builds Insurance-Specific LLM

The Travelers Companies, Inc. announced this week that engineers and data scientists have developed TravelersLLM, a proprietary large language model tailored to its property/casualty business. According to a media statement released by the insurer, TravelersLLM was trained on millions of …

2 07, 2026

People Moves: Alliant Hires Sorensen as EVP in Mergers & Acquisitions

By | July 2nd, 2026|Uncategorized|Comments Off on People Moves: Alliant Hires Sorensen as EVP in Mergers & Acquisitions

Alliant Insurance Services has hired Justin Sorensen, ARM, as executive vice president within its mergers and acquisitions (M&A) vertical. Based in Chicago, Sorensen will deliver strategic risk and insurance solutions to a diverse, nationwide client base, drawing on his cross-disciplinary …