News
Man Charged With ‘Maliciously’ Starting Massive LA Fire
Federal authorities arrested a 29-year-old man on charges that he intentionally started the blaze that days later became the Palisades Fire, which killed 12 people and destroyed thousands of homes in ...
Laws and Regs Already Protect Insureds From AI Missteps, Insurance Reps Say
Despite the rapid rise of artificial intelligence in the insurance sector, along with claims of widespread errors and even discrimination by algorithms, AI is becoming vital to the industry – but ...
Small Business Perceptions Differ on Tackling Workplace Safety: Survey
A new survey finds that small business employers and employees differ in their workplace safety priorities. Notable gaps in perception regarding training, communication and safety priorities were ...
Human Error Led to Extreme Athlete’s Death in Italy Paragliding Crash
The paragliding crash that killed extreme athlete Felix Baumgartner in July was caused by human error, an investigating prosecutor said Tuesday. Baumgartner, the first skydiver to fall faster than ...
OpenAI, Anthropic Eyes Investor Funds, Aon Policy to Settle AI Lawsuits
OpenAI and Anthropic are exploring the use of investor funds to settle potential multibillion-dollar lawsuits, the Financial Times reported on Wednesday. Copyright owners have launched a series of ...
AI-Power Boom to Drive $1.1 Trillion in U.S. Utility Grid Spending
U.S. electric companies will spend almost $208 billion in 2025 and more than $1.1 trillion over the next five years on the power grid, according to industry group Edison Electric Institute. Utility ...
WTW Offers Parametric Insurance With Weather-Warning Trigger
Willis, a business of WTW, announced the launch of a parametric policy that is activated automatically when a red weather warning is issued by the UK Met Office or Met Éireann, the Irish National ...
IPOs Can Still Move Forward Amid Government Shutdown But Not Without Risk
Companies looking to sidestep disruptions caused by the U.S. government shutdown to their initial public offerings can tap a provision that allows them to move forward with their listing plans ...