Apple was hit with a lawsuit in California federal court by a pair of neuroscientists who say that the tech company misused thousands of copyrighted books to train its Apple Intelligence artificial intelligence model. Susana Martinez-Conde and Stephen Macknik, professors …
Apple Sued Over Use of Copyrighted Books to Train Apple Intelligence Read More »
Regulators are still at an “early stage” in their efforts to track the risks posed to the financial system by the rapid adoption of artificial intelligence, global financial watchdogs warned on Oct 10. In a report to the G20, the …
AI’s Growth Leaves Financial Regulators Struggling to Catch Up Read More »
A federal jury in Marshall, Texas found on Oct. 10 that Samsung Electronics owes patent owner Collision Communications nearly $445.5 million in damages for infringing on patents related to 4G, 5G and Wi-Fi communications standards. The jury said that Samsung’s …
Samsung Hit With $445.5M Jury Verdict Over Wireless Communications Patents Read More »
At least six property insurers in Florida have opened a new front in their battle against public claims adjusters – policy endorsements that strongly discourage property owners’ use of public adjusters altogether. And the National Association of Public Insurance Adjusters …
Florida, National Groups File Suit Over ‘Anti-Public Adjuster’ Endorsements Read More »
Online platform Angi, formerly known as Angi’s List, has settled with Vermont’s attorney general over concerns about misleading marketing on its online platform, which connects consumers with more than 300 Vermont contractors or service professionals. Attorney General Charity Clark said …
Vermont Stops Use of ‘Angi Certified Pro’ Marketing Term Read More »
California Gov. Gavin Newsom signed a bill aimed at ramping up the housing supply, bucking opposition from detractors including Los Angeles Mayor Karen Bass and neighborhoods around the state’s largest city. The legislation allows apartment buildings as tall as nine …
Gavin Newsom Stares Down LA Revolt in California Housing Fight Read More »
California Gov. Gavin Newsom signed a bipartisan bill that aims to prevent the state’s home insurer of last resort from running out of money following a natural disaster. The FAIR Plan is an insurance pool that provides policies to people …
New California Law Aims to Stabilize Insurance for Those Unable to Get Private Coverage Read More »
ICW Group Insurance Companies named Lynn Moretti chief claims officer. Moretti will oversee the company’s claims operations nationwide. Moretti previously served as chief claims officer for AmTrust Specialty, managing international claims operations in the U.K. and European Union. She has …
People Moves: ICW Group in California Names Moretti Chief Claims Officer Read More »
Insurtech Bold Penguin said it has acquired SquareRisk, a digital, artificial intelligence-enabled wholesale insurance marketplace. Bold Penguin said users of its quoting software will now have additional commercial insurance policy coverage options beyond the admitted space to fill the evolving …
Bold Penguin Acquires SquareRisk to Expand Specialty, E&S Access Read More »
The U.S. National Highway Traffic Safety Administration said on Thursday that it is opening an investigation into 2.88 million Tesla vehicles equipped with its Full Self-Driving system over more than 50 reports of traffic-safety violations and a series of crashes. …
