How can artificial intelligence change property and casualty insurance claim processing? Two industry experts answered that question from a few angles during Carrier Management’s annual InsurTech Summit. Frank Giaoui, founder and CEO of Optimalex Solutions, and Shane Riedman, general manager …
The White House on Wednesday planned to announce new measures to support the development of new U.S. nuclear power plants, a large potential source of carbon-free electricity the government says is needed to combat climate change. The suite of actions, …
Nicotine alternatives used in vapes being launched in the U.S. and abroad, such as 6-methyl nicotine, may be more potent and addictive than nicotine itself, though the scientific data remains incomplete, according to the U.S. Food and Drug Administration (FDA) …
US restaurants grappling with high costs and penny-pinching consumers are making a tough pitch to voters: that boosting pay to millions of workers is a bad idea. At least four states are set to vote on measures to make restaurants …
The insurance industry came in sixth in a ranking of 10 major industries based on current AI risk, and seventh based on future risk, with health care replacing IT as the most exposed sector in the next 10 years. The …
Insurtech hyperexponential has hired Risa Ryan as head of US P/C. Risa was most recently chief underwriting officer at Sompo International. She will be based in New York. She has over 25 years of industry experience, having spent over a …
After a cyberattack on Christie’s auction house earlier this month, a hacker group called RansomHub claimed responsibility. In a post on the dark web Monday, RansomHub said that it had gained access to the personal information of the firm’s wealthy …
Bayer AG Chief Executive Officer Bill Anderson said the wave of lawsuits over its Roundup weedkiller is an “existential” threat to the company and farmers, ratcheting up the stakes as it considers a controversial legal maneuver. “The glyphosate litigation topic …
Tesla Inc. has reached a deal to resolve a lawsuit over the death of a Model S passenger in a fiery 2016 crash, marking the second time in two months the electric-vehicle maker has avoided a jury trial in California …
Citigroup has asked its 600 U.S. employees, who are eligible to work remotely, to return to office fulltime, it said on Friday as regulatory requirements make it hard for Wall Street banks to allow offsite work for roles such as …
