October 8, 2021
Global data analytics provider Verisk is leveraging artificial intelligence and image analytics to generate underwriting insights for small business insurers from more than 200 million reviews on Yelp, the company announced this morning. Unstructured data and images from Yelp reviews …
October 8, 2021
AXA XL Insurance Appoints Takigawa as Head of Commercial E&O, Americas AXA XL Insurance has named Michael Takigawa as the head of Commercial Errors & Omissions for the Americas region. Based in San Francisco and Monterey, Calif, Takigawa will oversee …
October 8, 2021
The U.S. Department of Agriculture is working on a proposal for a waiver system for hog plants forced by a federal court to slow processing lines, Secretary Tom Vilsack said on Thursday. Waivers to allow plants to speed up processing …
October 8, 2021
U.S. insurer Chubb Ltd has agreed to buy health insurer Cigna Corp’s life, accident, and supplemental benefits businesses in Asia Pacific and Turkey for $5.75 billion in cash, both insurers said, marking the latest consolidation in Asia’s insurance sector. In …
October 8, 2021
India is considering a proposal for foreign investors to own as much as 20% in Life Insurance Corp., according to a person with knowledge of the matter, which would enable them to participate in the nation’s biggest initial public offering. …
October 8, 2021
A magnitude 5.9 earthquake struck near Tokyo late Thursday, rattling parts of the capital the most since the March 2011 disaster. Few train services remained disrupted the next morning, while some injuries were reported. The Japan Meteorological Agency, which revised …
October 8, 2021
The former head of a Massachusetts homeless shelter stole about $1.5 million in part by secretly renting properties he owned to the shelter at above-market rates, prosecutors said. Manuel Duran, 69, then falsely certified compliance with state regulations designed to …
October 8, 2021
Residents of Brookline, Massachusetts, have approved $11 million to end a years-long legal battle with a firefighter who said he was subjected to racial discrimination while working for the fire department. The settlement with Gerald Alston, who is Black, was …
October 8, 2021
The U.S. Supreme Court declined to hear an appeal by two state police officers accused of failing to protect a woman from a man who went on a deadly rampage, allowing a civil lawsuit to proceed. Troopers were accused of …
October 8, 2021
The Florida Supreme Court on Thursday handed down no insurance-related opinions in its regular weekly posting and did not report a long-awaited decision on an insurance defense attorney charged with coaching a witness through text messages. But one step down …