Biden Eyes AI Dangers, Says Tech Companies Must Make Sure Products Are Safe April 5, 2023 By Jeff Mason U.S. President Joe Biden said on Tuesday it remains to be seen whether artificial intelligence (AI) is dangerous, but underscored...
Markets/Coverages: Applied Home National Underwriters Created; Marsh Launches ‘Cyber Pathway’; Everspan, Aurenity Partner on Casualty Buffer April 5, 2023 Applied Underwriters Introduces Applied Home National Underwriters Applied Underwriters said it has created Applied Home National Underwriters (“Home National”) to...
Ignited by Pandemic Changes, Insurers Embraced Innovation April 5, 2023 By Jahna Jacobson The pandemic kickstarted the new wave of accepting and using innovative systems and methods in the insurance industry. It opened...
3M’s Bid to Shield Itself From Earplug Lawsuits Faces Skeptical Judges April 5, 2023 By Brendan Pierson and Dietrich Knauth Federal appeals court judges on Tuesday appeared skeptical of 3M’s bid to use the bankruptcy of its subsidiary Aearo Technologies...
Distraction, Speeding, Alcohol Drive Up 2021 Traffic Deaths April 5, 2023 By Tom Krisher Nearly 43,000 people died in U.S. traffic crashes in 2021, the highest number in 16 years with deaths due to...
J&J Unit Files for Second Bankruptcy to Pursue $8.9B Talc Settlement April 5, 2023 By Mike Spector and Dietrich Knauth Johnson & Johnson has agreed to pay $8.9 billion to settle tens of thousands of lawsuits alleging that talc in...
People Moves: WCRI Names Tanabe CEO; Fox Becomes Zurich N.A. CUO; WTW Appoints Bolig Head of P&C for Corp. Risk April 4, 2023 Tanabe to Succeed Ruser as WCRI CEO The Workers Compensation Research Institute (WCRI) has named Executive Vice President Ramona Tanabe...
JPMorgan May Face Expanded Lawsuit Over Jeffrey Epstein Ties April 4, 2023 By Jonathan Stempel The U.S. Virgin Islands wants to expand its lawsuit accusing JPMorgan Chase & Co of aiding in Jeffrey Epstein’s sex...
McDonald’s Risks Employee Ire by Joining Trend of Virtual Layoffs April 4, 2023 By Jo Constantz McDonald’s Corp. is the latest company asking staff to work from home during layoffs, a practice that has sparked criticism...
Viewpoint: Whither War and Cyber Operation Exclusions? April 4, 2023 By Vincent J. Vitkowsky The insurance industry is attempting to modernize war exclusions to address the 21st century risk of state-sponsored cyber operations. It...