News
Insurers Overestimate Their Progress With AI: Study
A study of more than 300 respondents covering several industries finds a considerable disconnect between how organizations assess their progress on AI and where they actually are with real-world AI ...
Judge Balks at Holding California Utility Liable for Eaton Wildfire
Insurance companies lost a bid to hold Edison International's Southern California utility liable for a massive Los Angeles-area wildfire without a trial. Superior Court Judge Laura Seigle on Tuesday ...
Contiguous U.S. Breaks Record for Hottest Month Ever: NOAA
The contiguous United States sizzled to its hottest month ever last month, according to the National Oceanic and Atmospheric Administration. July averaged 76.89 degrees Fahrenheit (24.94 degrees ...
ACORD Names Kellington CEO
ACORD, the standards-setting body for the insurance industry, announced that it has appointed John Kellington as chief executive officer. Kellington most recently served as executive vice president ...
Pritzker Signs Bills Giving Insurance Department Power to Overturn Rate Changes
Illinois Governor J.B. Pritzker this week signed legislation that gives the state's insurance department authority to object rates it deems are excessive, inadequate, or unfairly discriminatory. HB ...
Rising Seas Not the Only Threat to Coastal Cities
A new study highlights the two fold threat coastal cities face: rising seas and sinking land. Researchers from the Technical University of Munich (TUM) and Tulane University found that this downward ...
U.S. Court Rules Meta, Other Tech Firms Must Face Lawsuits Over Social Media Addiction
A U.S. appeals court on Monday allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's Snapchat over claims they designed their ...
FAA Orders Crack Inspections for Certain Boeing 737 Max Jets
The Federal Aviation Administration this week ordered inspections for hundreds of Boeing planes, following reports of cracks in some older models. The now-finalized rule, which was unveiled Thursday ...