Aggregator

JPMorgan Chase & Co.’s decision to let managers use artificial intelligence for help writing performance reviews stands to bring relief to one of bosses’ most dreaded annual tasks. It also raises questions as to whether bot-written reviews will make the …

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Kansas Medical Mutual Insurance Company and its subsidiary, KAMMCO Casualty Company, …

Global carbon dioxide emissions from fossil-fuel use will reach a record high this year despite countries’ pledges to begin lowering their climate pollution. Emissions are projected to hit 38.1 billion tons, a rise of 1.1% compared to last year, according …

More than half of insurance executives say generative and agentic artificial intelligence are the technological investments that will have the most transformative impact on the industry over the next three years, according to PwC. The professional services firm noted in …

In an age of frequent mass shootings, insurers cannot escape coverage by arguing that each pull of the trigger was a “separate occurrence” unless the policy unambiguously says so, a federal appeals court held this week in a case stemming …

Auto and home insurer Plymouth Rock Assurance announced an affinity program with the North Jersey Chamber of Commerce (NJCC) offering personal auto and home insurance discounts to all NJCC members and their employees in New Jersey. Greg Kalinsky, president and …

New Jersey officials announced five new environmental enforcement actions in communities considered overburdened under New Jersey’s Environmental Justice Law and the settlement of two previous environmental justice lawsuits. The latest lawsuits are against three gas stations in South Jersey, one …

In Southern California, where police pursuits are common, this was one for the books. A suspect in an allegedly stolen minivan led authorities on a two-hour, 170-mile (274-kilometer) chase through four counties Monday that ended with her escaping into Mexico, …

A former Connecticut police officer accused of mistreating prisoner Richard “Randy” Cox after he was paralyzed in the back of a police van pleaded guilty to a misdemeanor Wednesday and received no jail time, while three other officers chose to …

Democratic Pennsylvania Governor Shapiro signed into law a bill to exit a regional market meant to cut greenhouse gas emissions, just over three years after the state joined the initiative to flight climate change. Both chambers of the state legislature …

The National Flood Insurance Program (NFIP) has been reauthorized until the end of January 2026. With the passage of HR 5371, which ended the 43-day shutdown of the federal government, NFIP was temporarily extended until Jan. 30, 2026. The program …

TWFG Insurance announced a series of leadership appointments, which it said are designed to accelerate the company’s growth and strengthen its position for continued industry innovations. Katherine Nolan, who has served as Chief Operating Officer for more than 16 years, …

Los Angeles County is conducting an investigation into State Farm’s handling of insurance claims from the devastating L.A. wildfires in January. The investigation was ordered by the L.A. County Board of Supervisors, and it focuses on potential violations of California’s …

It did not taking long for one of the industry’s trade associations to spring to action following Congress’s return to work after a lengthy government shutdown. The National Association of Mutual Insurance Companies (NAMIC) on Thursday called on U.S House …

California is set to be drenched in coming days as heavy rain and snowstorms uncoil off the Pacific Ocean, potentially bringing Los Angeles a month’s worth of rain and prompting evacuation warnings in areas burned by last January’s fires. The …

Trucordia on Thursday said it acquired five insurance businesses across the United States, marking a significant milestone in the agency’s strategy to build a values-driven, client-first national network. The newly acquired businesses include: Assured Insurance Consultants (Tennessee) Charles River Insurance …

San Francisco, California-based Anzen announced a $16 million Series A funding round led by Madrona, with participation from Sandbox Industries, SNR, Andreessen Horowitz and other investors. The round brings Anzen’s total reported capital raised to $26 million. With this funding, …

Large companies have been stuffing artificial intelligence software into every possible product for years. Now, Founders Fund is backing a startup that wants to help small businesses use the technology, too. Netic, which just raised $23 million in a Series …

The body of a coal miner was found inside a mine in southern West Virginia, four days after the stretch of mine was flooded when crews hit an unexpected pocket of water, officials said. It’s the third death this year …

Selective Insurance, headquartered in Branchville, New Jersey, named Nathan Rugge as executive vice president, chief actuary. Rugge, who currently serves as senior vice president, chief corporate actuary, reserving, will assume the role following the retirement of Executive Vice President Vincent …