Root Insurance has brought its driving behavior insuring pricing model to Washington in an expansion of its West Coast footprint. Root now offers its product to drivers in Washington, Oregon and California. Root’s model is designed to measure driving behaviors …
Root Insurance Expands Driving Behavior Product to Washington Read More »
Michigan Attorney General Dana Nessel has reached two settlement agreements with the current and past owners of a paper mill in White Pigeon, Michigan. The two settlements secure funding for response activities to address per- and polyfluoroalkyl substances (PFAS) released …
Michigan Reaches Settlements With Paper Mill Over PFAS Contamination Read More »
A man who set fires at two mosques in Minnesota in 2023 pleaded guilty to federal charges Wednesday, federal prosecutors said. Jackie Rahm Little, 38, admitted to one count of arson and one count of damage to religious property for …
Man Pleads Guilty to Setting Fires at 2 Minnesota Mosques Read More »
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good) of National Unity Insurance Company …
AM Best Revises Credit Rating Outlook to Positive for Texas’ National Unity Read More »
The father of a teenager who died by suicide this spring delivered emotional congressional testimony, alleging OpenAI’s ChatGPT “groomed” his 16-year-old son to take his own life and the company prioritized speed and market share over youth safety. “We’re here …
Parents Slam OpenAI, Character.AI Over Safety in Senate Hearing Read More »
Big data centers that power the artificial intelligence industry demand an abundance of energy. West Texas — known for producing 40% of the nation’s crude oil — also has an extraordinary amount of natural gas that could power those data …
West Texas Wants to Sell Natural Gas to Power AI Data Centers, But Lacks Infrastructure Read More »
Bank of England Governor Andrew Bailey said on Monday that he and other regulators who oversee the financial services industry should use artificial intelligence to help them spot problems among the firms that they supervise. “I think we’ve all got …
Bank of England’s Bailey Says AI Can Help Regulators to Find the ‘Smoking Gun’ Read More »
Tokio Marine Kiln (TMK), the Lloyd’s specialist insurer, announced the launch of its enhanced “Cyber Ctrl” cyber product suite. This cyber risk solution features new products and wordings, including Professional Ctrl for technology, media and errors & omissions (E&O), as …
Markets/Coverages: Tokio Marine Kiln Launches Enhanced Cyber Product Suite Read More »
Students should be banned from using cell phones in school, parents should delay their child’s access to social media, and social media companies should restrict access for users younger than 16. Those are among the recommendations of the New Jersey …
New Jersey Panel Issues Recommendations on Social Media Use by Teens Read More »
Our friend, Christopher Boggs, Chief Consultant with Boggs Risk and Insurance Consulting, returns to respond to a great comment left on his recent post. He’ll tell you more below. Happy reading. Several days ago I published an article entitled, “Banks …
Banks Improperly Requesting Additional Insured Status – Part 2 Read More »
