MGT, a company that calls itself an “AI-native neo-insurer,” is expanding to California to offer small business coverage. The company says its underwriting model allows it to evaluate risk at a fraction of the traditional cost while giving it a …
Ryan Specialty, the Chicago-based insurance group, announced that Heather M. Jamieson has been appointed president of Stewart Specialty Risk Underwriting (SSRU), effective immediately, in a planned leadership transition. Toronto-based SSRU provides specialty coverage for large account, high hazard property and …
The Northeast, possibly including New York City, is expected to get hit with flooding rain and high winds from a powerful storm system that’s set to take shape off the East Coast on Friday. Computer forecasts disagree on the storm’s …
American International Group ( AIG) said it hired Sierra Signorelli as CEO, Americas and Global Personal Insurance, effective January 1, 2027. In this new role, Signorelli will oversee AIG’s North America, Latin America & Caribbean commercial insurance businesses as well …
Construction work on Citadel’s new headquarters in Miami has been paused following an accident on the site last week, the Wall Street Journal reported. The collapse of a rig last week prompted county authorities to issue a stop-work order pending …
The managing partner at Hotaling Insurance Services has been named to the Florida Citizens Property Insurance Corp. Board of Governors for a three-year term. Gabriel “Gabby” Dieppa, based in Miami, was appointed by Florida House Speaker Daniel Perez this summer, …
Alphabet Inc. agreed to fund capacity increases at two nuclear plants operated by a Southern Co. subsidiary that will add about 96 megawatts of new supplies amid a data center-driven jump in electricity demand. Alphabet’s Google will finance so-called uprates …
Some software-as-service vendors are holding insurance companies on a tight leash, charging them huge annual fees for upgrades and for the privilege of accessing their own data, according to an insurance executive and a tech company owner who spoke at …
New changes to FEMA’s flood maps means that thousands more residential properties are now located within the high-risk Special Flood Hazard Area (SFHA), according to a Cotality alert. Within more than 100 communities across 12 states, homeowners must comply with …
U.S. President Donald Trump said in a social media post on Saturday that he plans to appoint a new artificial intelligence adviser, known as an “AI czar,” and create an “AI force,” though he did not provide details about either …