Rice University engineers have created a deep learning computer system that taught itself to accurately predict extreme weather events, like heat waves, up to five days in advance using minimal information about current weather conditions. Ironically, Rice’s self-learning “capsule neural …
For most of the 20th century, the insurance industry considered wildfires to be little more than a benign nuisance. They occurred frequently but rarely resulted in more than a handful of claims, and underwriters priced for them in the same …
Dale Maki, of Usk, Wash., was charged in Pend Oreille Superior Court with one count of false claims or proof in connection with a phantom auto theft claim. Maki was charged after an investigation by Insurance Commissioner Mike Kreidler’s Criminal …
Axa SA is in advanced talks to sell its central and eastern European operations to Austria’s Uniqa Insurance Group AG, people familiar with the matter said. The insurers aim to reach an agreement in the coming weeks for the businesses …
A senior official from Britain’s insurance sector on Wednesday laid out the case for selective divergence from EU rules to add to London’s appeal as a competitive global financial center. Britain left the European Union on Jan. 31 and will …
A semi-truck crashed Monday morning and began leaking a flammable liquid, leading emergency crews to evacuate about 15 homes in southern Kentucky, police said. The truck overturned and was partially hanging off a bridge over CSX railroad tracks in a …
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Insurance Technologies Corporation (ITC), a provider of websites, marketing, comparative rating and management software and services, has acquired Agency Matrix, an insurance technology provider headquartered in Georgia. Founded in 2004, Agency Matrix’s product offerings include its agency management system, insurance …
For the first time in nearly 50 years, the U.S. Food and Drug Administration examined asbestos testing for talc powders and cosmetics at a hearing on Tuesday, after traces of the known carcinogen were found in several such products, including …
Gov. Tony Evers has declared a state of emergency in southeastern Wisconsin in the wake of severe winter storms that struck the region. The governor issued an executive order declaring an emergency in Milwaukee, Racine and Kenosha counties in response …
