Last Sunday afternoon, a social media driven “protest” against Liberty Mutual Insurance Co.’s fuzzy yellow mascot Liberty Biberty drew several dozen people to the company’s downtown Boston headquarters, according to the Boston Globe. “This is a revolution, this is the …
Police in California are investigating the theft of trading cards worth at least $963,000 that were taken from a FedEx truck parked outside of a company that verifies memorabilia. The truck was broken into on Oct. 13 near Professional Sports …
California Insurance Commissioner Ricardo Lara created a commission to examine how biodiversity and ecosystem health affect disaster risk, insurance markets and economic security. Dubbed the California Green Ribbon Commission on Nature, Biodiversity and Insurance, the commission is designed to bring …
Before Florida lawmakers in 2022 enacted sweeping insurance law changes that cut the legs out of what had been called an excessive and burgeoning number of property claims lawsuits, they tinkered for years with ways to rein in the costly …
Insurance Journal’s Risky Future series is hosting the “AI Tools for Fraud Detection and Compliance” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance carriers, SIU teams, compliance officers, claims leaders, and more. This event will …
Anthropic PBC says it expects to face heightened scrutiny of how it tackles environmental and social tensions associated with the build-out of AI infrastructure. The company, which publicly filed for an initial public offering on Monday, said it’s aware its …
The US Federal Trade Commission and 20 states sued Dollar General Corp. on Monday, alleging the discount retailer routinely charged customers more than the prices displayed on shelves or in advertisements. Dollar General, which operates more than 21,000 stores, overcharged …
French lenders will face heightened scrutiny over turmoil in the country when they present third-quarter earnings this week, with investors focused on their sovereign bond holdings and risks from a potential slowdown in the economy. BNP Paribas SA, Societe Generale …
Insurance software maker Guidewire said on Tuesday it would buy hyperexponential for $1.7 billion in cash and up to $400 million more if revenue targets are met, to expand into AI tools that help insurers assess price and risk. London-based …
Iran’s Persian Gulf Strait Authority said it would take “legal action” against tankers belonging to Sinokor, the world’s biggest oil tanker owner that has carried millions of barrels out of the Strait of Hormuz in recent weeks. “The vessels belonging …