Insurance
AI-Driven Cyber Risk Is Top Concern for Global Financial Stability, Watchdog Says
Financial Stability Board Chair Andrew Bailey said on Monday that the impact of AI on cyber risk was the most immediate concern for the global financial system, saying the technology could change the speed, scale and economics of an attack. …
Read More China’s Humanoid Robots Aren’t Smart Enough to Take Your Job – Yet
Inside a training center in southern China, more than 100 humanoid robots stand in neat rows. A dozen human trainers wearing headsets guide some of them through simple tasks – sorting crates, packaging noodles, making coffee. The humanoids are slow …
Read More Michigan Houses are Getting Older, Creating Problems For the State
When the typical Michigan home was built, Richard Nixon was president, US forces were withdrawing from Vietnam and “The Exorcist” would become the year’s highest-grossing film. While pop culture has changed dramatically since 1973, much of the state’s housing stock …
Read More How a $1 Texas Insurance Fee Funded Thousands of Flock Cameras
In 2023, the Texas Legislature unanimously passed a law raising auto insurance costs for Texans by $1 to combat rampant catalytic converter theft. Three years later, a little-known state agency has devoted at least $30 million of that fee toward …
Read More Aon Close to Acquiring USI Insurance From KKR in $17 Billion Deal, WSJ Reports
Aon Plc is close to an agreement to acquire insurance brokerage USI Insurance Services from private equity firm KKR for about $17 billion, including debt, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The deal …
Read More New Illinois Law Requires Insurance for High-Speed E-Bikes
Some Illinois e-bike riders will need to carry insurance starting in 2027 under a law signed this week by Governor JB Prtizker. The new law requires riders of e-bikes and e-motors capable of traveling over 28 mph to have a …
Read More Ross Fire Grows Into One of Largest Wildfires on Record in North Texas
The Ross Fire has grown into one of the largest wildfires in the Dallas-Fort Worth area’s recorded history, scorching 85,000 acres across Palo Pinto and Jack counties in just three days. The fire, which began Monday near Palo Pinto, grew …
Read More First US Phosphate Plant in Decades Planned Amid Global Conflict
Farm cooperative CHS Inc. and fertilizer producer OCP North America are proposing a $450 million phosphate fertilizer plant in Louisiana, bolstering domestic supplies as global conflicts have increasingly thwarted the flow of foreign crop nutrients. The proposed plant in Waggaman, …
Read More Inszone Acquires Michigan’s Aviza Insurance Agency
Inszone Insurance Services announced the acquisition of Aviza Insurance Agency. The acquisition expands Inszone’s footprint in Michigan, welcoming a respected, community-rooted agency with deep expertise in farm, agribusiness, commercial, personal lines, and benefits into the Inszone network. Founded in 1966 …
Read More Florida, Hit by Obamacare Drop-Off, Feels the Squeeze of Health Care Costs
Florida chef Elijah Button was chopping onions in June when his knife slipped and sliced his middle finger to the bone. It was his worst kitchen accident to date. But having given up his Affordable Care Act health insurance plan …
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