News
Recreational Marijuana Can Be Sold in Virginia Retail Stores Beginning in 2027
Five years after becoming the first Southern state to legalize possession of marijuana, Virginia has approved a legal way to sell it to recreational users. State budget legislation enacted Monday ...
Travelers Builds Insurance-Specific LLM
The Travelers Companies, Inc. announced this week that engineers and data scientists have developed TravelersLLM, a proprietary large language model tailored to its property/casualty business. ...
Clyde & Co Survey Shows Rapid Escalation of AI, Geopolitical Risks
Technology is moving extremely fast, and a recent Clyde & Co survey of global business leaders has found that associated risks are weighing heavily. According to the law firm's latest Corporate ...
U.S. House Passes Bill to Extend Federal Terrorism Backstop Through 2034
The U.S. House of Representatives has overwhelmingly passed legislation to extend the public-private partnership to insure terrorism risk though 2034. The TRIA Program Reauthorization Act of 2026 (HR ...
Agency Reminds Drivers to Be Safe During July 4 Holiday
The National Safety Council urges drivers to remain cautious this Fourth of July by driving sober, buckling up and observing speed limits. NSC analysis estimates 410 people may die in motor vehicle ...
Second U.S. Safety Agency Investigates Fatal Texas Tesla Crash
The National Transportation Safety Board said Wednesday it will investigate last week's crash of a Tesla Model 3 that struck a home at high speed in Katy, Texas, fatally injuring a 76-year-old ...
How Doublet Earthquakes That Struck Venezuela Happen
The two powerful earthquakes that struck Venezuela's northern coast, killing more than 180 people, were an event known as a "doublet." Doublet earthquakes happen when a pair of similar-sized quakes ...
Debt, AI Boom and Financial Fragilities Raise Global Risks, BIS Says
Global pressures from rising public debt to financial fragilities and the sustainability of the AI boom are increasing risks, underscoring the need for disciplined policymaking, according to the Bank ...