New York Times Reporter Sues Google, xAI, OpenAI Over Chatbot Training
An investigative reporter best known for exposing fraud at Silicon Valley blood-testing startup Theranos sued Elon Musk's xAI, Anthropic, Google, OpenAI, Meta Platforms and ...
Markets
U.S. P/C Posts $35B YTD Underwriting Gain; By-Line Premium Growth Revealed
Earlier this month, AM Best provided its initial tally of year-to-date financial results for U.S. property/casualty insurers, reporting a $34.9 billion net underwriting gain through the first nine ...
Why the Middle Market Matters and How Insurers Can Capture It
Conning puts the size of the total addressable middle market at more than $150 billion, and with no carrier commanding more than a 5 percent share, the segment has become more attractive to insurers. ...
Underwriter, Actuary Fears of AI Drop; Work Needed on Collaboration
You're just about as likely to find a commercial P/C underwriter or actuary who is unconcerned about the increased use of AI in insurance as you are to find one that's afraid of being replaced by AI. ...
Artificial Intelligence Is Rewriting the Rules for Commercial Lines
Commercial lines insurance is changing—not with loud announcements or flashy tech demos, but through quiet, meaningful shifts in how work gets done.
A California jury on Friday awarded $40 million to two women who said Johnson & Johnson's baby powder was to blame for their ovarian cancer.
Poorer Americans Dropped Federal Flood Insurance When Rates Rose
When the US Federal Emergency Management Agency overhauled rates for millions of homeowners in the National Flood Insurance Program (NFIP), in 2021, the goal was to end decades of underpricing and to ...
Unpacking a Consumer Intervenor’s Novel Idea
Homeowners insurance is one of the most heavily regulated industries in the United States. Regulations aim to protect consumers from arbitrary rates and unfair practices and ensure that insurers can ...
Jury Orders Johnson & Johnson to Pay $40M in Latest Talc Trial
Insurance Covers Settlement Paid by Stocks Instead of Money: Delaware High Court
A settlement paid by stocks rather than money is a covered loss that must be paid by an insurer, the Delaware Supreme Court has affirmed. The state's high court agreed with a lower court's ruling ...
EV Collision Claims Rebound as Expiring U.S. Government Tax Incentives Drive Sales
Claims frequency for battery electric vehicles rose to 3.21 percent in the U.S., marking an all-time high and an increase of 4.2 percent year-over-year, a new report shows. New battery electric ...