News Center
News Archives - Insurance Journal
Coverwatch in California Raises $4.5M for Its AI-Native Service
Coverwatch has raised a $4.5 million pre-seed round to help accelerate product development and expand the team at the San Francisco-based firm. The round was led by CoFound and Restive with participation from KFund, liquid2 ventures and others. Coverwatch is …
POSTED JULY 23, 2026 1:10 PM |
Meta Employees’ Lawsuit Shows That if AI Fires You, Proving it Is the Hard Part
A novel lawsuit claiming that Meta Platforms relied on discriminatory AI tools to select employees for layoffs highlights the problems workers face in suing employers over the new technology, including proving how it was actually used. The case helps illustrate …
POSTED JULY 23, 2026 12:53 PM |
NYC Says Source of Legionnaires’ Disease Has Been Eliminated
The New York City Health Department has reported that five people have died and seven people are currently hospitalized due to the outbreak of Legionnaires’ disease on the Upper East Side. No new cases have been reported for more than …
POSTED JULY 23, 2026 12:38 PM |
Sicily’s Cyclone Harry Tests Italian Mandatory Insurance Plan
A cyclone that wreaked more than €1 billion ($1.14 billion) in damage along Sicily’s coast has also exposed a flaw in Italy’s push to expand mandatory insurance against natural disasters. Businesses were insured, but not for the risks they faced …
POSTED JULY 23, 2026 10:47 AM |
Texas, Louisiana Face Searing Heat Wave Exacerbated by Storm
Texas and Louisiana are sweltering under dangerous heat exacerbated by Tropical Storm Bertha, which made landfall Wednesday afternoon and is helping push Texas electricity demand to another record. Heat index temperatures in eastern Texas and northwest Louisiana may reach 120F …
POSTED JULY 23, 2026 7:00 AM |
Deja Vu as Berkley Bashes Delegated Underwriters During Quarterly Call
W.R. Berkley’s CEO wasted no time addressing the issue that has been stuck in his craw for at least a year. “We continue to have great concern around much of the [delegated underwriting authority] model and how it’s participating in …
POSTED JULY 23, 2026 5:45 AM |
Majority of Small Business Are Underinsured as Other Expenses Prioritized
New small business owners are more likely to have proper business insurance than those that have been operating longer. Even so, a majority of small businesses remain underinsured. That’s according to a new survey by ERGO NEXT which found that …
POSTED JULY 23, 2026 5:12 AM |
Man Tied to $100 Million NJ Deli Scam Gets 21 Months in Prison
A twice-convicted felon who helped orchestrate a scheme to inflate the value of a small New Jersey delicatessen to more than $100 million was ordered to spend 21 months behind bars. James Patten, 67, was sentenced Tuesday by US District …
POSTED JULY 23, 2026 5:00 AM |
Uber, Lyft Win Court Block on NYC Law Requiring Notice Before Firing Drivers
A federal judge has ruled that New York City cannot prohibit Uber Technologies and Lyft rom deactivating drivers from their apps without advance notice, ruling that the novel law is unconstitutional. U.S. District Judge Gregory Woods in Manhattan said in …
POSTED JULY 23, 2026 5:00 AM |
People Moves: UCA Promotes Eusebio to VP of Operations
UCA General Insurance Services, Inc. promoted Laurie Eusebio to vice president of operations. The new role will include a range of responsibilities involving all departments in the firm. Eusebio started with UCA in 2006 as a marketing assistant. Since then, …
POSTED JULY 23, 2026 5:00 AM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Amethyst Agency, Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|