Government
AI ‘Trustworthiness’ Is Focal Point of New Government Inquiry
A U.S. Commerce Department agency is opening an inquiry into how companies and regulators can ensure that artificial intelligence systems are trustworthy, legal and ethical. The probe by the National ...
U.S. States Consider Ban on Cosmetics With ‘Forever Chemicals’
A growing number of state legislatures are considering bans on cosmetics and other consumer products that contain a group of synthetic, potentially harmful chemicals known as PFAS. In Vermont, the ...
For carriers and MGAs, cloud-hosted insurance platforms can reduce IT overhead, strengthen business continuity, improve security, and make scaling claims...
TikTok’s Chinese Ownership, Security Concerns Spark Bans Across Nations
The Biden administration has demanded that TikTok's Chinese owners divest their stakes in the popular video app or face a possible U.S. ban, the company told Reuters this week. The move follows the ...
Berkshire’s Buffett in Contact With Biden Team on Banking Crisis
Berkshire Hathaway Inc.'s Warren Buffett has been in touch with senior officials in President Joe Biden's administration in recent days as the regional banking crisis unfolds. There have been ...
Senate Leader Schumer Urges Federal Safety Probe into Freight Railroads
U.S. Senate Majority Leader Chuck Schumer on Wednesday urged the National Transportation Safety Board to launch an investigation into safety practices of all seven major freight railroads, following ...
Government’s SVB Intervention Saved Insurers From Significant D&O Claims
Had the federal government not stepped in to make Silicon Valley Bank (SVB) depositors whole, providers of directors and officers insurance for startups and venture capitalists — as well as ...
SVB Collapse Explained: What Caused Silicon Valley Bank’s Failure?
SVB Financial Group Inc.'s shutdown and takeover by banking regulators on Friday can be traced to the U.S. Federal Reserve raising interest rates and souring the risk appetite of investors. Here is ...
Florida Senate Committee Approves Tort-Reform Bill, but Changes Are Possible
A Florida bill that aims to further limit injury and insurance litigation and attorney fees passed a state Senate committee Tuesday after heavy debate – but with few amendments at the opening day ...