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businessinsurance. com > jump-markel-launch-ai-collaboration

Jump, Markel launch AI collaboration

11+ hour, 41+ min ago  (144+ words) Artificial intelligence company Jump on Tuesday launched a collaboration with Markel to expand access to Jump's AI operating system for financial advisers. The collaboration also allows platform users to research and access errors and omissions insurance coverages offered by Markel…...

Business Insurance
businessinsurance. com > comp-claim-costs-rise-6-annually-from-2022-to-2025-wcri

Comp claim costs rise 6% annually from 2022 to 2025: WCRI

12+ hour, 10+ min ago  (245+ words) Total workers compensation claim costs increased by an average of 6% per year from 2022 to 2025 in the median study state, driven by rising medical payments, indemnity benefits and claim administration expenses, according to research released Tuesday by the'Workers Compensation Research Institute....

Business Insurance
businessinsurance. com > keystone-buys-kansas-based-trucking-brokerage

Keystone buys Kansas-based trucking brokerage

14+ hour, 9+ min ago  (166+ words) businessinsurance. com Keystone buys Kansas-based trucking brokerage Keystone Agency Partners said Tuesday it has acquired Titan Risk Solutions, a trucking brokerage based in Overland Park, Kansas. Terms of the transaction were not disclosed. Titan will lead Keystone's trucking vertical, increasing…...

Business Insurance
businessinsurance. com > florida-court-denies-comp-immunity-for-contractor-in-fatal-fall-case

Florida court denies comp immunity for contractor in fatal fall case

12+ hour, 15+ min ago  (273+ words) A Florida appeals court on Thursday upheld a ruling that denied workers compensation immunity to a general contractor in a wrongful death lawsuit stemming from the fatal fall of a subcontractor's part-owner during a university restoration project. The District Court…...

Business Insurance
businessinsurance. com > cyber-risk-tops-concerns-manufacturing-targeted

Cyber risk tops concerns; manufacturing targeted

14+ hour, 45+ min ago  (143+ words) Cyber risk remains the top concern for businesses worldwide in 2026, cited by 31% of respondents in Beazley's latest survey, up from 29% a year earlier, the insurer said Tuesday. The report, based on a survey of 3, 500 global business leaders, found that 33% of…...

Business Insurance
businessinsurance. com > exploding-phone-battery-puts-amazons-liability-in-question

Exploding phone battery puts Amazon's liability in question

11+ hour, 15+ min ago  (258+ words) The Minnesota Supreme Court has been asked to decide whether Amazon is liable under state law for nearly $4 million in fire damage caused by a defective battery purchased on its website. The case began when Rochelle Zappa, an employee at…...

Business Insurance
businessinsurance. com > database-never-heard-of-her

Database? Never heard of her

11+ hour, 37+ min ago  (216+ words) An artificial intelligence coding assistant wiped out an entire company database " and all its backups " in just nine seconds. According to The Independent, Pocket OS, a software provider for car rental businesses, suffered the digital equivalent of pulling the fire…...

Business Insurance
businessinsurance. com > brown-brown-navigates-data-journey-as-q1-revenue-rises

Brown & Brown invests in AI; reports flat organic revenue

15+ hour, 15+ min ago  (355+ words) J. Powell Brown emphasized Brown & Brown's "technology and data journey" and its approach to artificial intelligence Tuesday while discussing the broker's first-quarter results. Technology and data "are shaping how we're thinking about the future of insurance brokerage and how we're positioned…...

Business Insurance
businessinsurance. com > hotels-face-a-reckoning-on-sex-trafficking

Hotels face a reckoning on sex trafficking

18+ hour, 31+ min ago  (744+ words) Hotels accused of having sex trafficking on their premises are facing significant jury verdicts and settlements. Their insurers, who are being ordered to cover defense costs, may also be required to indemnify the hotels, adding to the potential liabilities. Last…...

Business Insurance
businessinsurance. com > supreme-court-split-over-bayers-fight-against-roundup-lawsuits

Supreme Court split over Bayer's fight against Roundup lawsuits

1+ day, 10+ hour ago  (746+ words) The justices heard arguments in the German drugmaking and crop science company's appeal of a jury verdict in Missouri state'court'awarding $1. 25 million to a man named John Durnell who said he was diagnosed with non-Hodgkin lymphoma after years of exposure to…...