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Viewpoint: Insurance’s Data Problem Comes Into Focus at Hormuz
Executive Summary: Rapidly shifting war-risk conditions are exposing structural weaknesses in delegated authority underwriting, according to Alex Babin, CEO of Hercules Systems, who notes that many underwriters still rely on delayed, inconsistent bordereaux data. While AI is accelerating data extraction, …
POSTED APRIL 28, 2026 10:55 AM |
People Moves: WTW Names Lipkin Chief AI Officer, Wintrob Head of AI Acceleration; ReSource Pro Appoints Fu SVP of Data Strategy
WTW appointed Spike Lipkin as chief AI officer and Gordon Wintrob as head of AI acceleration. These new enterprise appointments will scale Newfront’s AI-native approach and innovative capabilities across WTW. Working in close partnership with WTW’s technology function and businesses, …
POSTED APRIL 28, 2026 5:20 AM |
Report: Cargo Theft Down for Quarter, But Criminals Are Getting More Savvy
A new report shows 767 supply chain crime events across the U.S. and Canada in the first quarter of the year, down 5.3% from the same period a year ago and down 12.2% the fourth quarter of 2025. However, a …
POSTED APRIL 28, 2026 5:05 AM |
Another Appeals Court Balks at Class Action Over Auto Insurers’ ACV Methods
In another win for auto insurers, a federal appeals last week struck down a proposed class-action lawsuit over the methods carriers use to value totaled vehicles. At least five appellate courts in the last few years have said “no” to …
POSTED APRIL 28, 2026 5:02 AM |
FEMA Restoring Slashed Flood Mitigation Funds, Now With $20M for SE Projects
A year after the Trump Administration attempted to halt funding for some resiliency programs, the Federal Emergency Management Administration announced almost $20 million in flood mitigation grants around the Southeast. The funding for projects in Alabama, Florida, Kentucky, Mississippi and …
POSTED APRIL 28, 2026 5:01 AM |
Inside World’s Largest Art Heist When $500M of Boston Museum’s Paintings Disappeared
For decades, the 1990 theft of 13 artworks from the Isabella Stewart Gardner Museum — now valued at more than $500 million — has remained unsolved. It remains the largest art theft in history — far surpassing more recent museum …
POSTED APRIL 28, 2026 5:00 AM |
Six Charged With Reprogramming Key Fobs, Reselling Stolen Autos in US and Africa
An indictment charges six in a sophisticated theft ring that shipped stolen vehicles to countries as far as Africa, according to an announcement by the U.S. District Court in the District of Columbia. According to the indictment, at least 20 …
POSTED APRIL 28, 2026 5:00 AM |
Viewpoint: Implications for Insurance, Compliance After Medical Marijuana Changes
The Department of Justice issued an order on April 23, rescheduling state-licensed medical marijuana and Food & Drug Administration-approved cannabis products to Schedule III of the Controlled Substances Act (CSA). The order is also expected to jumpstart the stalled Drug …
POSTED APRIL 28, 2026 5:00 AM |
Mother And Son Cited $4.4M for Misclassifying Caregivers in California
A California company was fined $4.4 million for misclassifying caregivers as independent contractors. The California Labor Commissioner’s Office cited Hart Placement Agency Inc., a Canoga Park based company, and its principals, Annie Ghaw and Hartmann Ghaw, for misclassifying 144 caregivers …
POSTED APRIL 28, 2026 5:00 AM |
Liberty Mutual Says Safeco Brand Is Officially Retired
The Safeco Insurance brand has gone the way of the dodo bird. It’s now all Limu Emu, all the time. Liberty Mutual said on April 27 that it followed through with what it said about a year ago and officially …
POSTED APRIL 27, 2026 10:09 PM |
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