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American Financial Buys Artificial Intelligence Company Verikai

American Financial Group (AFG) recently acquired Verikai Inc., a machine learning and artificial intelligence company that utilizes a predictive risk tool for assessing insurance risk. AFG said it paid approximately $120 million in cash at closing. California-based Verikai will continue …

Corps to Receive $2 Billion for Louisiana Flood Protection

The Army Corps of Engineers will be getting $2.6 billion for Louisiana under the infrastructure and supplemental disaster acts, Gov. John Bel Edwards said Jan. 19. The disaster bill to help recovery from Hurricane Ida includes over $2 billion for …

People Should Get Back to Office, Learn to Live With Coronavirus: UK Business Minister

People should get back to the office to benefit from in-person collaboration because the world must learn to live with the coronavirus after a pandemic that has wiped trillions of dollars off global output, Britain’s business minister said on Friday. …

Mother Sues Meta, Snap Over Social Media ‘Addicted’ Daughter’s Suicide

Meta Platforms Inc. and Snap Inc. are to blame for the suicide of an 11-year-old girl who was addicted to Instagram and Snapchat, the girl’s mother alleged in a lawsuit. The woman claims her daughter Selena Rodriguez struggled for two …

Cause of Death Released for Mother, Son Fall at Petco Park in California

San Diego police have determined the causes of death of a 40-year-old woman and her 2-year-old son who plunged from the third level of San Diego’s Petco Park, just as thousands of baseball fans were heading inside for a Padres …

Two Oil Tankers Lose Safety Certification Over Claims They Violated Iran Sanctions

Two tankers have had their environmental and safety classification withdrawn by a U.S. company that provides such certification, after accusations by a U.S. advocacy group that they had shipped cargoes of Iranian oil, documents seen by Reuters show. Countries targeted …

Woman Missing in Colorado Wildfire Was Last Seen Trying to Save Dogs

As a fast-moving wildfire spread in suburban Denver, an emergency responder warned Edna Nadine Turnbull to evacuate. But the 91-year-old went back inside her home to rescue her dogs. Turnbull and her pets were never seen again. Authorities said Wednesday …

School District in California to Pay $14.7M in Teacher Sex Abuse Case

The Los Angeles Unified School District agreed to pay $14.7 million to seven former students at an elementary school who claim their teacher sexually abused them several years ago. Rene Tenas, who taught fourth grade at Hart Street Elementary, was …

Connecticut Offers Training for Insurance Brokers for Underserved Cities

Gov. Ned Lamont and Connecticut’s health care exchange announced plans Wednesday to launch a training program for licensed independent insurance brokers in the state’s three largest cities. James Michel, the chief executive of Access Health CT, said once these brokers …

Aspen Expands Agreement to Provide Capacity for Ryan Specialty’s MGU Portfolio

Bermuda-based Aspen Insurance Holdings Ltd. announced it has entered into agreement with Ryan Specialty Group to support a diverse international portfolio of delegated underwriting authority business. With effect from Jan. 1, 2022, Aspen has joined an additional seven programs from …

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