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Tech Update: WCL Launches Digital Treaty Placement Platform in Bermuda
Oct 31 2025 // Web Connectivity Ltd. (WCL), a Zywave company, announced the launch of its enhanced platform for treaty risk placement in Bermuda, marking a milestone in the digital transformation of the reinsurance market. Developed in...
Universal Music Settles Lawsuit With AI Startup Udio
Oct 31 2025 // Universal Music Group NV signed an agreement with artificial intelligence-powered music startup Udio to settle a copyright lawsuit and collaborate on a new commercial music creation and streaming service. Udio will launch...
Texas Backs Permian Gas-Fired Power Plant With $1.1B Loan as AI Demand Soars
Oct 30 2025 // Texas is backing a proposed Permian Basin power plant fueled by natural gas with a $1.1 billion low-interest loan, the largest such project under a state program aimed to shore up supplies after widespread blackouts in...
Federal Judge in Mississippi Admits Staff Used AI to Draft Inaccurate Order
Oct 30 2025 // A federal judge in Mississippi has admitted that his staff used artificial intelligence to draft a flawed court order, after months of speculation and an inquiry from a U.S. senator. U.S. District Judge Henry T. Wingate...
Aviva Ventures Backs Indico Data’s Insurance Operations AI
Oct 29 2025 // Boston-based Indico Data, which offers AI-based automation for insurance operations, has received an investment from Aviva Ventures, the corporate venture capital fund for Aviva, one of the UK’s largest insurers. The...
California Commissioner’s Regulation to Prevent Insurance Crises From Climate Disasters, Cyber Threats, AI
Oct 28 2025 // California Commissioner Ricardo Lara is proposing a regulation aimed at mitigating rising insurance costs and safeguarding the state’s insurance market from catastrophic risks and technological threats. Lara’s...
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