The European Central Bank’s top climate official says a pattern is emerging whereby the cumulative impact of extreme weather shocks is morphing into its own risk category. There is a “chronic impact that is slowly surfacing,” Irene Heemskerk, head of …
WTW said it released Radar AI Assistant, a new natural language capability within Radar Vision, its AI-driven performance and experience monitoring tool built for insurers. The AI technology enables pricing, underwriting, claims and portfolio management teams to identify emerging issues …
BevCap Management has added David Gross as a business development Executive, where he will focus on expanding the reach of the company’s Dealer Management Group (DMG) and Sharefield captive solutions throughout the Midwest and Western United States. Gross brings more …
The US Department of Agriculture has caught its first wild screwworm fly since the parasite was detected in the country’s livestock nearly four months ago, signaling the potential for continued spread even as overall cases have remained muted. The wild …
Davis Cartage Co., a transportation, warehousing and logistics company headquartered in Corunna, Michigan, violated federal law by allowing its president of logistics to sexually harass two female employees at its Owosso, Michigan location, the U.S. Equal Employment Opportunity Commission (EEOC) …
Crypto exchange Bitget reported an estimated $351.6 million in unauthorized transfers from some of its wallets and temporarily suspended withdrawals. “User funds are safe,” Chief Executive Gracy Chen said in a post on X early Friday in Singapore. “The full …
An Alabama jury will hear the state’s claims that TikTok and its Chinese parent company ByteDance made the platform addictive to young users and misled consumers about its safety, in the first case against the company to reach trial in …
Hurricane Nolo is threatening Hawaii, a state already raked by multiple natural disasters since March that have caused hundreds of millions of dollars in damage. Nolo’s top winds reached 75 miles (120 kilometers) per hour as it churned about 450 …
Total net income for U.S. property/casualty mutual insurers doubled compared to 2024 to about $42.6 billion in 2025 as underwriting income surged to about $14.8 billion from a loss of $7.2 billion in 2024. According to a recent A.M. Best …
Across the Northeast and Mid-Atlantic, insurance carriers are advising agents not to bind any new business, cities and states have activated their emergency response systems and urged residents to stay indoors, crews for energy providers like National Grid are on …