Embracing artificial intelligence in insurance is a race, but one that experts describe as a race to the starting rather than the finish line. “I think this is sort of a race to the starting line,” said Indico Data CEO …

An employee cannot file a tort lawsuit against her employer until after it has been determined that she is not eligible for a workers’ compensation claim. And that compensability determination can only be made by an insurer or a compensation …

Packaged food maker Kraft Heinz is recalling about 367,812 pounds of Oscar Mayer turkey bacon following concerns that the products may be contaminated with Listeria bacteria, the U.S. food safety regulator said on Wednesday. The recall will affect vacuum-packed, fully …

California’s private self-insured employers reported 7.4% fewer workers’ compensation claims in 2024 than in 2023, pushing private self-insured claim frequency to a four-year low, a new report shows. However, for the second straight year, the average paid and incurred losses …

California Insurance Commissioner Ricardo Lara has appointed members to his new Smoke Claims and Remediation Task Force, as part of his response to issues over smoke damage caused by wildfires across the state, including the handling of smoke damage claims …

Washington Insurance Commissioner Patty Kuderer convened her first Artificial Intelligence Advisory Board meeting in Seattle this week to look at the insurance industry’s use of AI and to get recommendations on policy development, regulatory oversight and consumer education efforts. The …

Law enforcement officials are investigating a former employee of a company that negotiates with hackers and facilitates cryptocurrency payments during ransomware attacks, according to a statement from the firm, DigitalMint. DigitalMint President Marc Jason Grens this week told organizations it …

The era of massive state budget surpluses in Texas could be coming to an end. As the last of the federal government’s COVID-19 emergency funds are spent and sales tax revenues return to historic averages after a large spike, budget …

Sixth Street, the San Francisco-based private equity firm, has completed its $5.1 billion acquisition of Bermuda legacy specialist Enstar Group. Enstar’s ordinary shares will no longer be listed publicly, and Enstar will continue operations as a privately held, standalone company, …

Trump International Hotel & Tower Chicago will pay $4.8 million to resolve a complaint that it was killing fish in the Chicago River. A system used to cool the building by drawing in river water was sucking in thousands of …

The National Oceanic and Atmospheric Administration said Monday it is delaying by one month the planned cutoff of satellite data that helps forecasters track hurricanes. Meteorologists and scientists warned of severe consequences last week when NOAA said, in the midst …

A new law in that expands Washington workplace protections involving equal pay and promotion discrimination takes effect today. The law legislation passed in 2024 expands the Equal Pay and Opportunities Act from gender discrimination to also include: Sex, marital status, …

Marsh McLennan Agency, part of the global Marsh insurance brokerage and services companies, has acquired Excel Insurance, an insurance agency in Medley, Florida. Excel was founded in 2020 and provides property/casualty solutions, including auto, watercraft, commercial coverage, homeowners and workers’ …

Bus service into New York City from New Jersey has resumed after commuters faced delays and diversions on Wednesday morning due to a multi-bus accident at the Port Authority terminal in midtown, according to transit authorities. The express bus lane …

An explosion at a fireworks warehouse in northern California caused several fires, sending black smoke into the air and forcing evacuations, authorities said. There were no immediate reports of injuries. People were urged to avoid the area of Esparto and …

Philadelphia Insurance reports its operations have been restored following a network outage. “We have resumed regular operations, though we continue to address minor technical issues as they arise,” the company stated in an update on its handling of a network …

A South Carolina beach town once nicknamed “Dirty Myrtle” because of its rowdy nightclubs and strip joints has become a magnet for retirees in a nation that continues to age. The number of residents age 65 years and older in …

Google was told by a California jury to pay $314 million over claims that it illegally used Android users’ cellular data to collect information without their knowledge. A state court jury in San Jose issued the verdict Tuesday following a …

Insurer Nationwide said it has completed the purchase of Allstate’s Group Health business segment for $1.25 billion. The acquisition was announced in January. Nationwide said the purchase will strengthen and diversify Nationwide Financial’s portfolio, expanding the company’s ability to sell …

Recent heat waves across Europe could slow economic growth in Europe by half a percentage point in 2025, a report by Allianz Research showed, comparing a day with temperatures above 32 degrees Celsius to half a day of strikes. In …