The U.S. pressed G20 members on Tuesday to take a hands-off approach to AI regulation and avoid creating new rules for the technology at a gathering of industry titans and commerce ministers in North Carolina. The U.S. goals largely align …
A federal judge has ruled that J.M. Smucker can proceed with a lawsuit against Trader Joe’s over frozen sandwiches that Smucker claims are too similar to its Uncrustables. Smucker sued Trader Joe’s in federal court in Ohio last fall, claiming …
A new report highlights insurance industry employees’ growing negativity toward artificial intelligence job displacement, as sector employment dropped 21% yera-over-year, and entry-level adjuster positions dropped 50% YoY. Glassdoor’s Employee Confidence Index for its broader AI Report hit a record 10-year …
Pennsylvania-based Ignyte Insurance, a specialty insurance platform, has acquired InsureMyTrip, a travel insurance marketplace that helps travelers compare and purchase coverage from insurance providers. Terms of the transaction were not disclosed. Rhode Island-based InsureMyTrip reports it has served more than …
Germany’s government said an investigation found that Russia is behind a failed drone attack at an airport in Leipzig last month and that the Kremlin is likely to step up hybrid aggression. Foreign Minister Johann Wadephul announced the shuttering of …
The California Assembly adjourned without passing a revamp of the state’s wildfire response, sending up shares in two key power utilities, PG&E Corp. and Edison International. The deal fell apart Tuesday as lawmakers prepared to leave the state capitol. Major …
Tokio Marine HCC – Cyber & Professional Lines Group Appoints Alva SVP of Underwriting to Lead Cyber Business Tokio Marine HCC – Cyber & Professional Lines Group (CPLG), a member of the Tokio Marine HCC group of companies based in …
Medical service costs in California workers’ compensation rose 5% last year on the back of growth in both average payments and utilization, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released its Medical Service Cost Trends …
Millions of workers who once handled their own coverage are now looking to their employers for answers
E&S insurer promotes Stefanie Milch as claims complexity rises across the specialty market
The devastating deluge that swept through the mountain valleys on the border between Nepal and Tibet in China is a potent reminder of a growing green-energy risk in one of the world’s most hazard-prone areas.Hydropower dams high in the Himalayas …
A historic diamond necklace originally designed for the Egyptian royal family and valued at about $4 million was stolen from a major Vienna museum, triggering a police manhunt for the two alleged thieves. The men smashed a display case in …