Some Insurers Incorrect on Fortified Roofs Endorsements, Kentucky Commissioner Says

Some Insurers Incorrect on Fortified Roofs Endorsements, Kentucky Commissioner Says

The Kentucky insurance commissioner is reminding property insurers they have just three weeks to resubmit homeowner policy endorsements that comply with state law on coverage for Fortified roofs. “Upon review, several FORTIFIED endorsement filings have been found to contain language which violates KRS 304.13-346,” Commissioner Sharon Clark wrote in a bulletin posted last week. Clark …

Trump Names Intelligence Chief Clayton as AI Czar, to Head Task Force

Trump Names Intelligence Chief Clayton as AI Czar, to Head Task Force

US President Donald Trump said on Sunday he had named Director of National Intelligence Jay Clayton the administration’s AI czar, tasking him with coordinating the federal government’s efforts to maintain US leadership in the technology. Trump, who has pushed to rename artificial intelligence as “super intelligence,” said Clayton would head the newly created Super Intelligence …

Everest Completes Sale of Canadian Retail Operations to Wawanesa; Arthur J. Gallagher & Co. Buys New Zealand’s Albany Insurance Services

Everest Completes Sale of Canadian Retail Operations to Wawanesa; Arthur J. Gallagher & Co. Buys New Zealand’s Albany Insurance Services

Everest Group Ltd., the Bermuda-based specialty re/insurer, announced the completion of the previously announced sale of its Canadian retail Insurance operations, to Wawanesa Mutual Insurance Co. In connection with the Everest acquisition, Wawanesa launched a unit called “WSI,” which comprise former Everest Canada operations. “The introduction of WSI marks an important moment in the Canadian …