An explosion occurred at one of Orange’s technical sites in Paris on Thursday, injuring three workers, two critically, and disrupting communication services for 80,000 users, the district mayor said. The incident took place around 10 a.m. (0800 GMT) [on Oct. …
Global financial regulators have laid out plans for closer monitoring of artificial intelligence risks as banks and other parts of the financial industry ramp up the use of AI. Banks have been broadly optimistic that AI will make them more …
Boxx Hires Leads for Distribution, Claims and Tech Boxx Insurance, headquartered in Miami, Florida, appointed Joe Gates, Ray Moylan and Thomas Beale to new positions. Boxx appointed Gates head of distribution, central, where he manages access to Boxx’s all-in-one cyber …
A new survey of corporate insurance buyers reveals widespread interest in buying insurance to cover Gen AI risks—and a willingness to pay up 10-20 percent more in organization-wide insurance premiums for the coverage. But the most willing buyers are those …
A 2-year-old boy in south Georgia was attacked by two Rottweiler dogs and died at an unlicensed daycare center while the owner napped, according to police. Stacy Wheeler Cobb, the 48-year-old owner who held the daycare at her home in …
Nearly 80% of U.S. homeowners would use their smartphones to document property damage for an insurance claim, according to a new survey that suggests self-service digital tools could play a larger role in future claims handling. The online survey of …
The MJ Companies named Melinda Eckard vice president of employee benefits operations and client experience. Eckard will lead the strategic direction of employee benefit operations, enhance client experience and increase growth. Eckard will reside in the Phoenix, Arizona, market, and …
Medical costs per claim have begun to rise following a period of relative stability post-pandemic, a new report shows. A Workers Compensation Research Institute report out this week shows medical payments per claim recently started increasing, fueled by an increase …
La Niña, the cooler and at times costlier flip side of El Nino, has arrived to warp weather worldwide, meteorologists said Thursday. This natural weather phenomenon often turbocharges the Atlantic hurricane season, but this La Nina may be too weak …
Record-breaking temperatures seared the eastern US last month, leading to power emergencies across the region. The cause: an enormous ridge of high pressure that settled on the region, known as a heat dome. This phenomenon has also already struck Europe …