The Texas Windstorm Insurance Association Board of Directors pegs losses from Hurricane Beryl at $455 million. The TWIA board met last week to review information related to the agency’s 2025 budget. The meeting presented new information on TWIA losses from …
T-Mobile US Inc. was able to contain a recent network breach before it reached customers’ phones, according to people familiar with the matter. Hackers accessed edge-routing infrastructure and gained unauthorized access to a limited number of devices, including a T-Mobile-owned-and-operated …
A survey of senior decision-makers at U.S. property/insurance companies shows most (59%) believe the industry will be powered by artificial intelligence in the future. Nearmap, a provider of location intelligence services, released a survey, The Next-Gen Risk Readiness Index: P&C …
The United States must address a growing public-health crisis over traffic deaths that remain significantly higher than pre-pandemic levels, the head of the National Transportation Safety Board said on Tuesday. “Unlike most developed nations, U.S. roadways have grown more deadly …
A federal bankruptcy judge has approved a Chapter 11 plan for the Roman Catholic Diocese of Rockville Centre, New York that includes a $320 million fund to compensate victims of clergy sexual abuse and settles insurance issues. Judge Martin Glenn …
A construction industry captive insurer along with three construction contractors have filed a lawsuit alleging a massive New York fraud scheme involving staged workplace accidents and bogus workers’ compensation and personal injury lawsuits backed by complicit lawyers and medical providers. …
Insurance carriers may want to examine policy language – and what information they request from insureds – after the U.S. Supreme Court let stand a lower court’s ruling which could force Argo Group to cover claims that a wood-treating company …
President-elect Donald Trump’s incoming administration is looking to slash fuel-efficiency requirements for new cars and light trucks as part of plans to unwind Biden policies he’s blasted as an “EV mandate,” according to people familiar with the matter. Trump advisers …
Lyft is rolling out, among other features, verification badges for riders in a bid to improve safety on the ride-hailing platform, the company said on Tuesday. Rival Uber Technologies had started rolling out similar features two months ago and provided …
Asian News International, one of India’s largest news agencies, sued OpenAI in a court in India alleging that the U.S. artificial intelligence company misused its copyrighted news content. ANI also alleged that OpenAI stored the data, which is in breach …