SEC Charges 2 Investment Firms, Doles Out $400,000 in Fines, for ‘AI Washing’ March 21, 2024 By Chad Hemenway The U.S. Securities and Exchange Commission this week said it settled charges against two investment advisers related to “AI washing.”...
Justice Department Sues Apple in Antitrust Case Over iPhone March 21, 2024 By Leah Nylen The US Justice Department and 16 attorneys general sued Apple Inc., accusing the iPhone maker of violating antitrust laws by...
US Warns That Hackers Are Carrying Out Disruptive Attacks on Water Systems March 21, 2024 By Raphael Satter The U.S. government is warning state governors that foreign hackers are carrying out disruptive cyberattacks against water and sewage systems...
EPA Bans Asbestos, Still in Use Decades After Partial Ban March 21, 2024 By Matthew Daly The Environmental Protection Agency on Monday announced a comprehensive ban on asbestos, a carcinogen that kills tens of thousands of...
Drugmaker Endo Receives Court Approval for Bankruptcy Restructuring March 20, 2024 Bankrupt drugmaker Endo International said on Tuesday a U.S. Bankruptcy Court has approved its restructuring plan and related opioid settlements...
RT Specialty’s Austenfeld Elected WSIA President March 20, 2024 Brenda (Ballard) Austenfeld was elected to serve as 2024-2025 Wholesale & Specialty Insurance Association (WSIA) president Austenfeld, CEO and president...
Climate Change Speeds Up as Major Indicators Blow Off the Charts, WMO Warns March 20, 2024 By Laura Millan All the major indicators of climate change smashed historic records last year, with some rising so steeply that the United...
Marsh: Transactional Risk Insurance ‘Remained Resilient’ in 2023 March 20, 2024 Despite a drop in the total number of global mergers and acquisitions, demand for transactional risk insurance “remained resilient” in...
Markets/Coverages: CFC Introduces Carbon Delivery Insurance Policy March 20, 2024 Specialty insurer CFC announced its entry in the carbon insurance market with the launch of a groundbreaking new product. CFC...
Expert: ‘Unceasing Onslaught’ of Legal Ads Worth Insurance Industry Attention March 20, 2024 By Allen Laman Often alarming, misleading or just plain annoying — when mass tort lawsuit advertisements pop on a TV screen, many consumers...