Alacrity Solutions Group LLC named Tony Triola chief revenue officer. Triola will oversee Alacrity’s revenue strategy, including business development, sales and customer growth initiatives. He has experience in insurance, including leadership positions at Liberty Mutual and Farmers. He was most …
A small cargo ship was attacked by Yemen’s Iran-aligned Houthis in the Bab el-Mandeb strait on Tuesday, killing three crew members, said two Yemeni coast guard sources and two military officials in the government. If confirmed, the fatalities on the …
Organized crime continues to strong arm the cargo industry, as estimated losses more than doubled to $304.6 million while theft incidents across the U.S. and Canada fell 26% year over year. A report from Verisk CargoNet points to organized theft …
The development of El Niño climate phenomenon might limit catastrophe claims in North America, the CEO of Zurich Insurance said last week after it reported second-quarter results. “What we hear is that this development of El Niño is actually moderating …
Allstate CEO Tom Wilson said the insurer has a “technology-drive strategy, not a strategy supported by technology.” And the next step in the strategy is the build of ALLIE – Allstate’s Large Language Intelligent Ecosystem. Speaking to analysts during a …
OpenAI is pausing some internal work around one of its upcoming artificial intelligence models to implement stricter safeguards after the system was found to be significantly more adept at cybersecurity tasks. The ChatGPT maker said on Friday it “cannot rule …
New York City is taking legal action against online retailers selling dangerous motorized devices — including high-speed e-bikes, stand-up e-scooters and other products that cannot legally be operated on the city’s streets. Mayor Zohran Kwame Mamdani said the city has …
For anyone in Europe who still thought climate change was a problem for future generations, this summer’s sweltering heatwaves have brought home the reality that its costly and life-altering economic impacts have already arrived. Record heat and droughts this summer …
This edition of International People Moves details appointments at the broker Augment Risk and the managing general agent The Fidelis Partnership. A summary of these new hires follows here. Augment Risk Promotes Cripps in Newly Created Role of Group Head …
More than 20,000 people were ordered to evacuate one of Canada’s top wine-producing regions as an uncontrolled wildfire spread rapidly, forcing local authorities to declare a province-wide state of emergency. Authorities ordered the town of Summerland and nearby communities in …