Canada's #1 Blog for Life & Health Insurance Information
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Article 0 Comments Meta shut down internal research into the mental health effects of Facebook after finding causal evidence that its products harmed users’ mental health, according to unredacted filings in a lawsuit by U.S. school districts against Meta and other social media platforms. In a 2020 research project code-named “Project Mercury,” Meta scientists worked with survey firm Nielsen to gauge the effect of “deactivating” Facebook, according to Meta documents obtained via discovery. To the company’s disappointment, “people who stopped using Facebook for a week reported lower feelings of depression, anxiety, loneliness and social comparison,” internal documents said. Rather than publishing those findings or pursuing additional research, the filing states, Meta called off further work and internally declared that the negative study findings were tainted by the “existing media narrative” around the company. Privately, however, a staffer insisted that the conclusions of the research were valid, according to the filing. “The Nielsen study does show causal impact on social comparison,” (unhappy face emoji), an unnamed staff researcher allegedly wrote. Another staffer worried that keeping quiet about negative findings would be akin to the tobacco industry “doing research and knowing cigs were bad and then keeping that info to themselves.” Despite...
/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.
/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.
/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.
Article 0 Comments This edition of International People Moves details appointments at Tokio Marine Kiln and Hampden Risk Partners. A summary of these new hires follows here. Tokio Marine Kiln Taps Beresford From CNA Hardy as Life Sciences U/W Tokio Marine Kiln (TMK), an international specialist Lloyd’s insurer, announced the appointment of Adele Beresford as an underwriter within its Life Sciences team. She takes up her new role with immediate effect and will report to Kirsten Shastri, head of Life Sciences. Adele Beresford Beresford brings a combination of technical underwriting expertise and scientific knowledge to her new role. She joins from CNA Hardy where she most recently served as an underwriter in the Financial Lines division. She also holds a Bachelor of Science in Molecular Genetics and Biotechnology from Curtin University. Beresford’s appointment strengthens TMK’s ability to provide tailored solutions that address the specific needs of life sciences companies, from start-ups bringing innovations to market to established firms advancing critical research. “As the sector continues to innovate, having underwriters who truly understand both the science and the risk landscape is increasingly key. Adele’s background and experience will be invaluable as we continue to develop market-leading solutions that enable Life Sciences...
FlexiGenAI empowers teams to build, deploy and scale agentic AI agents with no coding required Streamlines complex processes for Canadian and global organizations Enables secure, compliant and collaborative AI innovation across functions Capable of supporting sovereign AI Toronto, ON (Nov. 16, 2025) – EY Canada is proud to announce the launch and general availability of FlexiGenAI, a next-generation agentic AI platform designed to help organizations move from experimentation to enterprise-scale impact in today’s fast-changing business landscape. “Agentic AI is reshaping the way the world works, but enterprise demands can trap organizations between pilot and product,” says Biren Agnihotri, Chief Technology Officer, at EY Canada. “FlexiGenAI is built for businesses that don’t code and developers who want to move faster. Organizations can start small, scale fast and go from idea to impact easily.” Developed in Canada within EY’s Innovation Center, FlexiGenAI enables teams to design, deploy and scale AI agents — without writing a single line of code. With its modular architecture, plug-and-play experience and configurable agentic solutions, FlexiGenAI helps businesses securely connect AI tools and workflows through a unified platform. Built on a robust technical foundation, it incorporates telemetry, observability, auditability, citations, privacy filters and expandability — ensuring enterprise-grade performance,...
Article 0 Comments The Oklahoma Insurance Department (OID) recently announced the reopening of previously designated zip codes for the pilot launch of the Strengthen Oklahoma Homes (SOH) Program, an initiative aimed at helping Oklahoma homeowners fortify their residences to resist storm, wind, and hail damage. Looking ahead, OID also confirms the program will scale to a full statewide rollout in 2026. All 77 counties of Oklahoma will be eligible under the program. In the initial stage of the SOH program, OID selected specific zip codes for pilot eligibility. Those zip codes were chosen based on factors including storm and paid-loss data, number of active homeowners’ insurance policies, and availability of certified contractors. The pilot now reopens these previously eligible zip codes, allowing homeowners residing in the designated areas to apply for grant funds. This step reflects OID’s commitment to ensuring full take-up and normalization of the program ahead of the statewide launch. Under the SOH Program, approved homeowners may receive up to $10,000 in grant funds to support certified construction projects that strengthen their homes. These projects must meet the standards of the Insurance Institute for Business & Home Safety’s (IBHS) FORTIFIED Home – Roof™ designation (High Wind + Hail...
Morristown, NJ (Nov. 7, 2025) – Majesco, the insurance industry’s foremost innovator in cloud-native, AI-driven software, has announced announced the general availability of its Fall ’25 Release. The update introduces 13 new AI Agents that bring advanced reasoning, human-in-the-loop control, and company-specific guardrails to transform everyday insurance operations. The new agents automate complex processes across P&C and L&AH Intelligent Core Suites and Loss Control, helping insurers speed up quoting and claims, simplify billing, and cut manual work while improving accuracy and customer experience. Alongside the AI advances, the release delivers telemetry, built-in analytics, streamlined upgrades, and user experience, functional and cloud enhancements across Majesco’s entire portfolio. A Breakthrough for Insurance Core Systems 13 AI Agents across P&C, L&AH, and Loss Control to automate quoting, claims, billing, payments, cancellations, and more. Telemetry + analytics everywhere for proactive insights, better quality, and reduced risk. Next-gen document AI (DocScribe): processes 200+ page files with sentence-level citations for full transparency and auditability. Faster upgrades & performance boosts: multi-threading, real-time monitoring, quicker document generation, and batch processing. Refreshed UX & integrations that modernize workflows and improve productivity. Hundreds of functional and technical enhancements “Majesco AI Agents don’t just automate steps. They reason, adapt to uncertainty,...
Article 0 Comments Tokio Marine Holdings, Inc. announced that it has signed a definitive agreement to acquire Commodity & Ingredient Hedging (“CIH”), a leading provider of risk management solutions for the agricultural and commodity sectors, from Falfurrias Capital Partners (“Falfurrias”). The transaction is expected to close during the first quarter of calendar year 2026, subject to customary regulatory approvals. Headquartered in Chicago, CIH helps agricultural producers, grain merchandisers, and other businesses manage commodity price risk through an integrated suite of consulting, brokerage, and insurance services, all powered by a proprietary technology platform. CIH’s unique and proprietary offering combines weekly, education-driven advisory sessions with real-time execution capabilities across both insurance and derivatives markets, allowing clients to view, model, and manage exposure through a single interface. CIH’s integrated approach, deep commodity expertise, and focus on client education have made it a trusted partner across the agricultural value chain and a leading solution in technology-enabled risk management. Tokio Marine, through this acquisition, will add a highly complementary business that will enhance its specialty offerings in the U.S. agricultural sector and expand its non-insurance risk solutions capabilities. The combination will further strengthen the capabilities of Tokio Marine HCC’s agricultural business, diversify the group’s earnings...
