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Insurance Industry Employee Confidence Tanks on AI Concerns: Report

2 months 1 week ago
A new report highlights insurance industry employees’ growing negativity toward artificial intelligence job displacement, as sector employment dropped 21% year-over-year, and entry-level adjuster positions dropped 50% YoY. Glassdoor’s Employee Confidence Index for its broader AI Report hit a record 10-year …

Specialty Insurance Platform Ignyte Acquires InsureMyTrip

2 months 1 week ago
Pennsylvania-based Ignyte Insurance, a specialty insurance platform, has acquired InsureMyTrip, a travel insurance marketplace that helps travelers compare and purchase coverage from insurance providers. Terms of the transaction were not disclosed. Rhode Island-based InsureMyTrip reports it has served more than …

US Expanding Long-Range Commercial Drone Testing Program

2 months 1 week ago
The US government is expanding a program for testing out drones in real-world scenarios, focusing on more advanced use cases involving larger unmanned systems, higher altitudes and longer distances. The Transportation Department and Federal Aviation Administration said Aug. 27 that …
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