News
Wildfires, Storms Fuel 2025 Insured Losses of $108 Billion: Munich Re Report
Global insured losses from natural disasters fell to $108 billion last year, Munich Re said in a report on Tuesday. That compared with an inflation-adjusted $147 billion in 2024, the German reinsurer ...
ATA Launches $750M Insurance Facility for AI Infrastructure Boom
Advanced Technology Assurance Ltd. (ATA), the London-based managing general underwriter, has launched a $750 million insurance facility to underwrite the projected $7 trillion global AI ...
Behavior Is Dominant Driver of Collision Risk for Commercial Auto
While severe collisions declined last year, many factors influence commercial driving behavior. Though seasonal changes and distractions are expected, geopolitical factors add to less predictable ...
Plan to Mix Hydrogen With Gas to Cut Climate Pollution in California Poses Risks
Alma Figueroa began to worry when she learned that her gas provider wanted to test a controversial solution to curb global warming: blend hydrogen with natural gas to power her stove and other ...
The Hartford Expands Tech Team With New Office in Columbus
The Hartford announced the opening of a new technology hub in Columbus, Ohio. Located in Columbus's Easton Town Center, the office will hold approximately 75 employees focused on AI, cloud ...
Elon Musk’s Grok Faces Global Scrutiny for Sexualized AI Deepfakes
Governments and regulators from Europe to Asia are cracking down on sexually explicit content generated by Elon Musk's xAI chatbot Grok on X, launching probes, imposing bans and demanding safeguards, ...
California Bill Seeks to Add ‘Transparency’ to Aerial Images Used by Insurers
A California lawmaker is pushing to require insurers to notify homeowners in advance of taking or using aerial images of their property, and to stop insurers from basing decisions to cancel, ...
Federal Bill Proposes the Use of AI, Telematics to Improve Road Safety
New legislation, which proposes to address safety and increase efficiency on roads and highways, was introduced by U.S. Senators John Boozman (R-AR) and Alex Padilla (D-CA) last week. The bill would ...