News
Strategic Portfolio Management Needed to Address Wildfire Risk
Economic losses from wildfires remain a concern for 2023, despite last year's average season, according to a new report by Gallagher Re. Climate change, shifting weather patterns and homes that ...
Chubb Appoints Michael O’Donnell COO of Global Reinsurance
Chubb Limited announced the appointment of Michael O'Donnell as chief operating officer of Global Reinsurance. The appointment is effective immediately. He currently serves as division president of ...
Why a framework to build agents is necessary, but not the same thing as AI doing insurance work. Almost every...
Titan Sub’s Unique Design May Have Destined It for Disaster
The deadly implosion of the Titan submersible raises questions about whether the vessel exploring the Titanic wreckage was destined for disaster because of its unconventional design and its creator's ...
Court Rules U.S. Must Pay For Contributing to 2011 Mo. River Flooding
The U.S. government may have to pay tens of millions of dollars—or more—to landowners along the Missouri River after a court ruled it worsened flooding there since 2007 that killed crops and ...
Judge Fines Lawyers $5,000 For Using Bogus Case Law From ChatGPT
A federal judge on Thursday imposed $5,000 fines on two lawyers and a law firm in an unprecedented instance in which ChatGPT was blamed for their submission of fictitious legal research in an ...
Report: Advanced Digital Economies Wary of AI
Trust in artificial intelligence (AI) varies depending on how digitally advanced a country is, a recent study by the Swiss Re Institute found. In advanced digital economies, a third of respondents on ...
Titanic Sub Victims’ Families Could Sue Despite Liability Waivers
Liability waivers signed by passengers on a submersible lost at sea during a dive to the Titanic wreck may not shield the vessel's owner from potential lawsuits by the victims' families, legal ...
3M Reaches Tentative $10.3B Deal Over US ‘Forever Chemicals’ Claims
3M Co has reached a $10.3 billion settlement with a host of U.S. public water systems to resolve water pollution claims tied to "forever chemicals," the chemical company announced on Thursday. The ...