The Latest

Transportation industry

Blocking mobile phone use to prevent distracted driving in trucking industry

NoCell application lowers incidents and helps keep coverage rates under control

By Michael Shashoua

Senior Editor

August 8

Truck driver Amit Sekhri checks his smartphone for possible jobs and bids using the Convoy Inc. application in Patterson, California, U.S., on Monday, Oct. 7, 2019. Convoy hooked truck drivers with an app to easily find jobs and get paid quickly. Now it needs to address concerns about low prices and figure out how to turn a profit. Photographer: David Paul Morris/Bloomberg

Berkshire Hathaway

Buffett's Berkshire pounces on market slump to buy equities

Warren Buffett's Berkshire Hathaway Inc. is following an age-old adage: Buy the dip.

August 8

Insurance

Malaysia to offer crop insurance as part of food security push

The Agro-Food Takaful Insurance Scheme will be launched through the Ministry of Agriculture and Food Industries.

August 8

Telematics

Insurtech reducing risk, cost of insuring trucking cargo transportation industry

Tech startups, trucking owner-operators and big insurance carriers alike are putting systems in place to protect cargo and cover special circumstances.

By Michael Shashoua

Senior Editor

August 8

Semi-trucks lined up on a residential street in the Wilmington neighborhood of Los Angeles, California, US, on Tuesday, July 12, 2022. The worst of the supply-chain crisis may be over, but the problems haven't gone away for the neighborhood surrounding the US's busiest ports near Los Angeles. Photographer: Alisha Jucevic/Bloomberg

Real-time data

Cloverleaf Analytics partners with auto insurers on real-time data management

The partnerships with United Automobile Insurance Company and Citizens United Reciprocal Exchange come off the heels of Cloverleaf's investment into its suite of new AI-driven advanced analytics and data security technologies.

By Ganny Belloni

Editorial associate

August 5

Cars travel westbound across the Oakland - San Francisco Bay Bridge in San Francisco, California, U.S., on Friday, March 4, 2022. Remote-work policies have taken a toll on San Francisco, which is struggling with the nations weakest office occupancies, stubbornly low transit ridership and one of the country's slowest job recoveries. Photographer: David Paul Morris/Bloomberg

Commercial banking

FDIC promises more scrutiny of banks' commercial real estate loans

The agency acknowledged that loan performance in the sector has been strong, but cited several reasons to think that might change, including rising interest rates, the effects of inflation and uncertainty about the future of work and commerce.

By Kevin Wack

Banking Editor

August 4

Technology

Here's what the tech layoffs could mean for the industry's DEI efforts

More than 32,000 tech sector workers in the U.S. have been laid off in 2022.

By Paola Peralta

Associate Editor

August 4

CIO

Hagerty hires chief data, information officer

Russell Page will oversee data and technology initiatives.

By Kaitlyn Mattson

Managing Editor

August 4

A 1960 R360 coupe, Toyo Kogyo Co.'s first four-wheeled passenger car, right, and other classic cars displayed at Mazda Motor Corp.'s museum in Fuchu Town, Hiroshima Prefecture, Japan, on Wednesday, June 15, 2022. To ease the impact of inflation, Prime Minister Fumio Kishida put together a series of relief measures including bigger gasoline subsidies.

Diversity and equality

How this company reduced its gender pay gap in one year

Sara Axelbaum, global head of inclusion and diversity at MiQ, delves into how her company eliminated the gender pay gap across almost every salary band.

By Deanna Cuadra

Senior Reporter

August 4

Wearable technology

The Hanover's new sensor program aims to reduce workers' comp claims

Program also offers sensors for property, telematics and heavy equipment.

By Michael Shashoua

Senior Editor

August 4

Headquarters of The Hanover Insurance Group in Worcester, Mass.