U.S.
Businesses Consider Outsourcing Gen AI Over Data Security, Privacy and Regulatory Concerns
Business leaders are particularly focused on innovative ways to enhance customer experience (CX) through generative AI (GenAI) technology while balancing the need for return on their investment, ...
J&J Sub Proposes $6.48B Payout Over 25 Years to Settle Talc Cancer Suits
A subsidiary of Johnson & Johnson is now proposing to pay approximately $6.48 billion over 25 years as part of a settlement in the U.S. to cover allegations that its baby powder containing talc ...
Every insurer evaluating property risk today is running the same math: more perils, more models, more data sources, and not...
LexisNexis: Loss Costs Rise for All Home Insurance Perils
A new report indicates loss cost across all perils combined grew for the fourth year in a row in 2022, according to the latest LexisNexis "U.S. Home Trends Report." The 8th annual report on home ...
No Multi-factor Authentication in Place When Hackers Used Stolen Login Credentials in UnitedHealth Breach
Hackers breached UnitedHealth's tech unit on Feb. 12 by using stolen login credentials that gave them remote access to its network, the largest U.S. health insurer will testify before a House panel ...
As Wildfire Risk Grows, States Grapple to Retain Property Insurers
Months after a catastrophic fire burned more than 2,200 homes in Hawaii, some property owners are getting more bad news — their property insurance won't be renewed because their insurance company ...
2024 Wildfire Forecast Calls for ‘Below Average’ Season
The approaching wildfire season may bring hazardous air quality from blazes burning across the U.S., but it's expected to be below the historical average in terms of the number of fires and acres ...
Survey: AI Associated With New Hiring Needs, Challenges in Finding the Right Talent
A new poll by Ernst & Young LLP finds that 50 percent of business leaders anticipate a combination of layoffs and hiring over the next six months as a direct result of AI adoption. Even with ...
Automatic Emergency Braking Systems Will Be Required on All New Cars in the U.S. by 2029
Nearly all new passenger cars and trucks sold in the United States will be required to have automatic emergency braking systems by September 2029, the National Highway Traffic Safety Administration ...