Insurance News from June 07, 2024
National News
Growing Reliance on Big Tech for AI Carries New Risks, Banks Say
The boom in artificial intelligence will increase banks' dependence on big U.S. tech...
International & Reinsurance News
Liability Reinsurance Crisis Could Be Looming, TransRe CEO Says
"There could be a liability crisis in reinsurance in a couple of years," a reinsurance...
East News
Massachusetts Drivers Lose Second Bid for Class Certifications Over Lost Resale Value
Three Massachusetts drivers have hit a dead end for the second time in their drive for...
Ex-Prosecutor Settles Defamation Suit Against Netflix Over Central Park Five Series
Maryland Governor Requires All State Agencies to Submit Climate Change Plans
Student Pilot’s Solo Cross-Country Flight Crashed In Connecticut Campground
Tornadoes Touch Down Across US, Killing Toddler in Michigan and Injuring 5 in Maryland
West News
California City Awarded Grant to Study Insurance Protections from Sea Level Rise
A California city has been awarded a grant to study insurance protections from sea...
Southeast News
Close Call at South Carolina Bridge as Out-of-Control Freighter Loses Power
A large cargo ship lost control of its engines and went nearly full throttle through a...
Texas / South Central News
5th Circuit: Louisiana Law Voids Arbitration Clause in Surplus Lines Policies
A panel of the 5th Circuit Court of Appeals ruled this week that a Louisiana statute...
Midwest News
Tornadoes Touch Down Across US, Killing Toddler in Michigan and Injuring 5 in Maryland
LIVONIA, Mich. (AP) — A tornado killed a 2-year-old boy and injured his mother...