News
Samsung Bans Staff’s AI Use After Spotting ChatGPT Data Leak
Samsung Electronics Co. is banning employee use of popular generative AI tools like ChatGPT after discovering staff uploaded sensitive code to the platform, dealing a setback to the spread of such ...
Beazley: Business Leaders Need to Focus on Long-Term Climate Change Mitigation Plans
The future of climate change risk management is set to change due to the confluence of natural catastrophes, evolving regulation and increased media scrutiny, according to a new environmental report ...
American Financial Group to Acquire Crop Risk Services From AIG for $240M
American Financial Group Inc. and American International Group announced they have entered into a definitive agreement whereby AFG will purchase Crop Risk Services (CRS) from AIG. Under the terms of ...
Scientists Probe Sudden Spike in Ocean Temperatures
The world's oceans have suddenly spiked much hotter and well above record levels in the last few weeks, with scientists trying to figure out what it means and whether it forecasts a surge in ...
NJ Court Affirms Merck Ruling: War Exclusion Does Not Apply to Cyber Attack
The appellate division of New Jersey Superior Court has upheld a state trial court opinion that the war exclusion in drugmaker Merck & Co.'s all-risk property insurance policies does not apply in ...
Can Insurance Find a Home in the Metaverse?
A Cognizant report published last year, titled "A pragmatist's guide to the Metaverse," said if you ask three people what the Metaverse is, you'll get three different answers. CM's sister publication ...
RSA Insurance Launches Superyacht Practice, Led by Chubb’s Grew
RSA Insurance announced it is launching a Superyacht practice, providing comprehensive cover for the larger end of the market, which is traditionally professionally skippered and crewed. The practice ...
WTW Launches End-to-End Trading Platform to Connect Broker, Insurer Systems
WTW, the global advisory, broking and solutions company, announced the global launch of Neuron, a sophisticated digital insurance platform. Neuron uses cutting-edge technology to help underwriters ...