20 Years Later, Hurricane Katrina’s Impact Echoes in Models, Mitigation and Reforms August 27, 2025 By William Rabb and Ezra Amacher Twenty years after Hurricane Katrina swamped parts of Louisiana and Mississippi, the property insurance sector is better prepared for another...
Sompo to Acquire Aspen for $3.5 Billion to Expand Global Access August 27, 2025 Sompo Holdings said a wholly owned subsidiary of Sompo International Holdings has an agreement in place to acquire Aspen Insurance...
OpenAI, Altman Sued Over ChatGPT’s Role in Teen’s Suicide August 27, 2025 By Jody Godoy The parents of a teen who died by suicide after ChatGPT coached him on methods of self harm sued OpenAI...
When Luck Runs Out: Where $100B Hurricanes Might Happen August 27, 2025 Lists published every hurricane season, adjusting the amounts of insurance losses for past events for inflation to current-dollar levels, give...
Anthropic Settles Class Action From Authors Alleging Copyright Infringement August 27, 2025 By Blake Brittain Artificial intelligence company Anthropic said in a court filing on Tuesday that it has resolved a class action lawsuit from...
As AI Becomes Part of Everyday Life, it Brings a Hidden Climate Cost August 27, 2025 By Caleigh Wells Marissa Loewen first started using artificial intelligence in 2014 as a project management tool. She has autism and ADHD and...
Tesla Rejected $60M Settlement Before Losing $243M Autopilot Verdict August 26, 2025 Billionaire Elon Musk’s electric vehicle company Tesla rejected a $60 million settlement proposal in a lawsuit over the 2019 fatal...
Lawmakers, Unions Oppose Railroad Plan to Automate Track Safety Inspections August 26, 2025 A U.S. railroad industry plan to rely more heavily on technology instead of humans to conduct routine track safety inspections...
‘Big Four’ Reinsurers Maintain Property-Cat Appetite, Despite Signs of Rate Softening August 26, 2025 By L.S. Howard Europe’s four largest reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR – are maintaining their appetite for property-catastrophe...
Musk Sues Apple, OpenAI, Saying They Hurt AI Competition August 26, 2025 By Madlin Mekelburg Elon Musk accused Apple Inc. and OpenAI in a lawsuit of unfairly favoring the artificial intelligence company across iPhones and...