W.R. Berkley’s CEO wasted no time addressing the issue that has been stuck in his craw for at least a year. “We continue to have great concern around much of the [delegated underwriting authority] model and how it’s participating in …
W.R. Berkley’s CEO wasted no time addressing the issue that has been stuck in his craw for at least a year. “We continue to have great concern around much of the [delegated underwriting authority] model and how it’s participating in …
Texas and Louisiana are sweltering under dangerous heat exacerbated by Tropical Storm Bertha, which made landfall Wednesday afternoon and is helping push Texas electricity demand to another record. Heat index temperatures in eastern Texas and northwest Louisiana may reach 120F …
The UK has proposed rules to help encourage a potential new insurance market worth billions of pounds as part of a drive to boost competitiveness. The Bank of England and the Financial Conduct Authority laid out plans for a captive …
Ransomware group World Leaks has posted on the dark web a huge cache of files related to India’s largest nuclear plant, including purported blueprints of parts of its facilities and supplier details — information it labeled as coming from Reliance …
Power-hungry data centers have increased supply costs for the largest US electric grid by more than 60%, the system watchdog said. PJM Interconnection LLC, which serves 13 states and Washington, DC, said Tuesday that its auction to procure power for …
OpenAI said on Tuesday that it’s “not aware of any evidence” that an Apple Inc. lawsuit alleging trade-secret theft has merit. The latest remarks come four days after Apple filed the suit, which claimed that OpenAI took proprietary technology to …
Russia and Ukraine stepped up their battle over the Black Sea and key trade routes on Wednesday, with Moscow killing three people in an attack on the Ukrainian port city of Odesa and Kyiv’s drone forces striking Russian shipping. Odesa …
Iran threatened on Wednesday to shut off more regional energy exports, after the U.S. reimposed a naval blockade of Iranian ports and both sides launched more strikes as they vie for control of the Strait of Hormuz. The apparent threat …
Insurance industry software-as-a-service provider Duck Creek Technologies said it has acquired commercial underwriting platform Send Technology Solutions. Duck Creek said together the companies will create the “first and only agentic solution to unite core insurance operations and intelligent underwriting workflows …