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Berkshire Selects Gen Re’s Shamieh to Succeed Jain as Insurance Chief, WSJ Reports
Berkshire Hathaway has selected Gen Re Chairman Charlie Shamieh as successor to longtime insurance leader Ajit Jain, the Wall Street Journal reported on Monday, citing people familiar with the matter. Shamieh, a veteran of the insurance industry, is set to …
POSTED MAY 05, 2026 2:38 PM |
Rhode Island Approves 2.5% Workers’ Compensation Decrease
Rhode Island’s regulator has approved a 2.5% average reduction in overall workers’ compensation loss costs. The reduction will take effect on August 1, 2026. More than 200 insurers write workers’ compensation coverage in the state. The rate change was proposed …
POSTED MAY 05, 2026 2:22 PM |
People: Sunstar Names New CEO, King Risk Adds Sales Leadership
Memphis-based Sunstar Insurance Group, an independent brokerage operating in nine states, announced Adam Meyerowitz as the new chief executive officer. He succeeds Casey Bowlin, who founded the firm in 2013 and will now move into the role of chairman. Meyerowitz …
POSTED MAY 05, 2026 1:59 PM |
A Quiet Alaska Fault Is Missing The Fluids Scientists Expected
Not all earthquake faults behave the same. Some stick and snap, causing earthquakes. Others move slowly over time. For years, the leading explanation for slow-moving faults has been that high-pressure fluids along the fault lubricate it, allowing the slabs to …
POSTED MAY 05, 2026 1:32 PM |
After Greg Biffle Plane Crash, Police Think ‘Friends’ Stole From His NC Home
Less than a month after former NASCAR driver Greg Biffle and his family died in a plane crash last year, investigators say two of their “friends” conspired to break into the empty home and took cash, guns and financial information …
POSTED MAY 05, 2026 1:25 PM |
Progressive Insurance Helps First-Time Homebuyers With Down Payments
As many as 200 first-time homebuyers could receive down payment assistance up to $13,500 each thanks to Progressive Insurance. Progressive’s UpPayment program is available to first-time homebuyers purchasing a non-commercial, non-mobile residential property with intention of making it their permanent …
POSTED MAY 05, 2026 1:21 PM |
Young Europeans Turn to AI Chatbots for Emotional Support, Survey Shows
Nearly one in two young people in Europe have used AI chatbots to discuss intimate or personal matters, as the technology increasingly serves as a source of emotional support, an Ipsos BVA survey showed on Tuesday. Of the 3,800 people …
POSTED MAY 05, 2026 1:17 PM |
AI Firms Agree to Give US Early Access to Evaluate Their Models
Alphabet Inc.’s Google, Microsoft Corp. and xAI have agreed to give the US government early access to their artificial intelligence models to assess the systems’ capabilities and help improve their security before the technology is released to the public. With …
POSTED MAY 05, 2026 11:52 AM |
New Zealand’s A2 Milk Recalls Batches of US Baby Formula After Toxin Found
New Zealand infant formula maker a2 Milk Co. is recalling batches of product sold in the US after detecting a toxin linked to vomiting and diarrhea, marking its first brush with a contamination scare that has rattled the global industry. …
POSTED MAY 05, 2026 11:38 AM |
Heat-Trapping Microplastics Found to Play Role in Climate Change
Microplastics in the atmosphere are heating the planet, magnifying climate change impacts, according to new research. Scientists in China and the US found that tiny, colored plastic particles absorb sunlight as winds blow them around the world, trapping heat and …
POSTED MAY 05, 2026 11:09 AM |
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