News
We’re Done: State Farm Decides to Stop Taking New Calif. Homeowners Biz
The nation's biggest insurer, State Farm, announced late last week that its homeowners provider to the nation's most populous state will no longer accept new applications there. State Farm General ...
Louisiana Blueprint: How to Repair Florida’s Home Insurance Market
Florida's home insurance market has been in crisis for years, and recent tort reform aims to reduce claims costs by putting an end to frivolous lawsuits, a welcome development in a state where ...
Startup Founders Flustered Post-SVB, Stockpile Cash, Lay Off Workers
On the heels of the second largest bank failure in U.S. history, startup founders are managing communication through media professionals, laying off employees while ensuring they have enough cash and ...
FDA Approves Musk’s Neuralink for Study of Brain Implants in Humans
Elon Musk's brain-implant company Neuralink on Thursday said the U.S. Food and Drug Administration (FDA) had given the green light to its first-in-human clinical trial, a critical milestone after ...
EEOC Warns Employers to Check AI Workplace Monitoring Tools for Bias
The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven "bossware" tools that closely track the whereabouts, keystrokes and productivity ...
Wefox Raises $11M with $55M Credit Facility from J.P. Morgan, Barclays
Berlin-based InsurTech wefox has secured a $55 million credit facility from J.P. Morgan and Barclays alongside a $55 million second close in its series D at a $4.5 billion valuation from existing ...
Cognizant Launches Platform to Help Companies Deploy Generative AI
Cognizant announced a new, enterprise-wide platform - Cognizant Neuro AI - designed to provide enterprises with a comprehensive approach to accelerate the adoption of generative AI technology and ...
Bankruptcy Judge Lets Directors of Failed SVB Tap $210M D&O Tower
A bankruptcy judge is allowing current and former officials with the parent company of Silicon Valley Bank to tap into the $210 million in insurance coverage available through directors and officers ...