Claims / Legal
Unexpected $115B+ Insured Loss Needed to Harden Property Market: Gallagher Re
Global and regional natural catastrophe activity and loss totals were lower in the first quarter of 2026 than in comparable quarters of previous years, leaving the reinsurance industry ...
Wall Street Law Firm Apologizes for AI ‘Hallucinations’ in Court Filing
Sullivan & Cromwell, a premier Wall Street law firm, apologized to a federal judge for submitting a court filing with inaccurate citations and other errors generated by artificial intelligence. ...
Meta to Capture Employee Mouse Moves, Keystrokes to Train AI: Reuters
Meta is installing new tracking software on U.S.-based employees' computers to capture mouse movements, clicks and keystrokes for use in training its artificial-intelligence models, part of a broad ...
Legal Analysis: Insurer Subrogation Rights Under Scrutiny
Two recent court decisions have addressed the issue of subrogation rights of insurance companies against upstream or downstream vendors that experience a data security breach: Axis Insurance Company ...
How Leaders Can Maintain Humanity in the Modern Insurance Era
As artificial intelligence and automation become faster and more precise, insurance industry leaders are finding that the differentiator isn't just better technology but how the people behind the ...
Toxic Gas-Emitting Plants Get Pollution Reprieve Under Trump
After teacher Janet Rau learned that a carcinogenic gas was being released from an industrial plant near her school in 2019, she started a campaign for more oversight. Five years later, the ...
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case
An insurance fraud scheme involving a bear costume, luxury vehicles and falsified damage claims has ended in convictions for three Los Angeles area residents. A California Department of Insurance ...
SEC’s Power to Recoup Illicit Profits Challenged at Supreme Court
Three times over the past decade, the US Supreme Court has cut the Securities and Exchange Commission's ability to extract millions of dollars from alleged wrongdoers. Critics of the commission say ...