Insurance

In other news: Betterview partners with Near Space Laps and CCC introduces new AI photo analysis.

The Southeast regional bank plans to use the deal's sizable proceeds to pay down wholesale borrowings and restructure its securities portfolio. Numerous banks have made similar moves in recent months.

Spot cargo trucking insurance start-up adds partnerships, expanding its distribution and embedding in the markets where truckers book their freight assignments.

Stephen Deane will take over the position for Mary Nasenbenny who will retire at the end of the year.

The top five metropolitan areas have an average expected loss per capita of $12.65.

Strategy executive Michael Mahaffey spoke about how the insurer's digital transformation is an ongoing effort, and the accelerated evolution of technology he sees.

The acquisition will expand Aon's outreach in India's commercial risk, health and reinsurance sectors.

Employee data holds great potential for maximizing the value of employee benefit programs.

Mind Foundry has raised $22 million in funding, the latest sign of growing demand to deploy AI.

Under the new rules, which are slated to be completed by December 2024, insurers will be able to raise premiums based on current and future risks as long as they agree to provide a certain share of coverage in areas vulnerable to fires. The existing rules only allow them to consider historical data.