Posts by Hometown Insurance

The Michigan Department of Insurance and Financial Services issued a bulletin to provide guidance to financial service providers on the use of artificial intelligence. The bulletin says that financial service providers including insurers are expected to develop, implement, and maintain …

Texas is poised to become the largest home for data centers in the country within the next three years as artificial intelligence continues to boom, according to a report published Tuesday. Bloom Energy, a California-based company that provides onsite power …

Edison International sued Los Angeles County and other public agencies for allegedly failing to ensure timely evacuation alerts that the company says could have saved most of the 19 people who died in a massive wildfire last year. If the …

Nearly 10,000 engineers, data scientists, analysts and product owners at Travelers are being empowered with personalized AI assistants, Travelers announced in mid-January. In a joint announcement with Anthropic, the two firms announced a partnership aimed at expanding Travelers AI-enabled engineering …

A former Massachusetts county employee pleaded guilty yesterday in federal court in Boston to embezzling from a Barnstable County employee labor union. Kenneth Mattoon, of West Yarmouth, pleaded guilty to embezzlement of labor union assets. According to prosecutors, Mattoon admitted …

The nation’s insurance commissioners and industry trade associations are looking to support efforts to put the Federal Insurance Office (FIO) back on the chopping block. Late last week, Rep. Troy Downing, R-Mont., introduced the McCarran-Ferguson Restoration Act to eliminate the …

More than three dozen people died in Spain after a high-speed train derailed and hit another coming from the opposite direction. Prime Minister Pedro Sánchez canceled his trip to Davos and declared three days of mourning. The last two carriages …

Britain’s financial watchdogs are not doing enough to stop artificial intelligence from harming consumers or destabilizing markets, a cross‑party group of lawmakers said on Tuesday, urging regulators to move away from what it called a “wait and see” approach. In …

BHP was on Monday refused permission to appeal against a ruling that it is liable for the 2015 collapse of a dam in southeastern Brazil, in a London lawsuit potentially worth tens of billions of pounds. In November, London’s High …

The U.S. Supreme Court agreed on Friday to hear Bayer’s bid to sharply limit lawsuits claiming that the company’s Roundup weedkiller causes cancer and potentially avert billions of dollars in damages. The justices took up Bayer’s appeal of a lower …