Artificial intelligence is becoming a core competency for insurers that want to stay competitive in the face of geopolitical volatility, shifting claims patterns, persistent cost pressures and rising customer expectations. But to unlock AI’s full potential, carriers need to first …
Preparing for an AI Native Future Read More »
The Paris public prosecutor has opened five investigations into baby milk brands distributed by Nestle, Lactalis, Danone, Babybio and La Marque en moins after contamination with toxin cereulide, it said on Friday [Feb. 13]. Cereulide, which can cause nausea and …
French Prosecutor Opens Probe Into Baby Milk Brands Over Contamination Read More »
São Paulo, one of the world’s largest metropolitan areas housing 21 million people, is living through its largest climate-induced stress test in more than a decade as deadly flash floods collide with a severe drought. Water in the region’s largest …
São Paulo Battles Drought and Floods Together in Climate Paradox Read More »
A growing procession of tech industry leaders including Elon Musk and Tim Cook are warning about a global crisis in the making: A shortage of memory chips is beginning to hammer profits, derail corporate plans and inflate price tags on …
Rampant AI Demand for Memory Is Fueling a Growing Chip Crisis Read More »
A UK litigation funder is seeking fresh capital less than six months after it liquidated a key fund, the latest twist for a firm that’s navigated a bumpy year. Katch Investment Group is raising new money for its open-ended Katch …
UK Legal Funder Stung by Car Finance Saga Is Raising Cash Again Read More »
Insureds cannot rely on the word of an insurance adjuster—even one hired by the insurer—to show that a homeowners’ policy covers sewage backup, a federal appeals court said in a case that underscored the sanctity of policy exclusions but also …
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup Read More »
A federal safety agency investigating an August blast at a U.S. Steel plant near Pittsburgh that left two workers dead said it found a series of incomplete, outdated or inadequate procedures and practices that “exposed” employees to the explosion, which …
OSHA Flags Safety Issues That ‘Exposed’ Workers to Explosion at US Steel Plant Read More »
California Insurance Commissioner Ricardo Lara is pushing a change to the state’s long-standing intervenor regulations, which enable groups to intervene in rate hearings. Lara on Friday released the amended text of proposed regulations for the intervenor and Administrative Hearing Bureau …
California Insurance Commissioner Unveils Intervenor Reform Regulations Read More »
Experian announced the launch of the Experian Insurance Marketplace app on ChatGPT, introducing its insurance comparison platform to OpenAI’s audience, to help consumers find auto insurance. In the Feb. 13 announcement, Experian said the move is “a significant advancement in …
Experian Launches Insurance Marketplace App on ChatGPT Read More »
The owners of Colony Ridge, a Houston-area developer accused of running a predatory lending scheme that deceived Latinos, agreed to a sweeping legal settlement that will require them to invest in law enforcement and infrastructure on their properties and tighten …
Houston-Area Developer Reaches $68M Settlement With Texas, Feds Read More »
