INSURANCE NEWS

Baltimore Sues Elon Musk’s xAI Over Grok Sexual ‘Deepfakes’

The city of Baltimore sued Elon Musk’s xAI on Tuesday, claiming its Grok chatbot illegally generates nonconsensual sexually explicit images, including of children. Baltimore, with a population of about 568,000, is the largest city to sue xAI over “deepfakes” attributed …
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Iran Demands Crew, Cargo Details to Send Ships Through Hormuz

Vessels seeking to transit the Strait of Hormuz under Iranian protection are being asked to provide lists of crew and cargo, along with voyage details and bills of lading, in order to secure a green light from the Islamic Revolutionary …
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Iran Charges Some Ships Hormuz Transit Fees for Safe Passage

Iran has started charging transit fees on some commercial vessels passing through the Strait of Hormuz, another sign of Tehran’s control over the world’s most important maritime energy channel. Payments of as much as $2 million per voyage are being …
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Iran’s Military Rejects Trump’s Talk of Negotiation; Israel and Iran Launch Airstrikes

Israel and Iran exchanged airstrikes on Wednesday, as Iran’s military rejected President Donald Trump’s assertion the U.S. was in negotiations to end the war which has roiled energy and financial markets, saying the U.S. is negotiating with itself. The rejection …
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Iran Wiped 50 Israeli Firms’ Data, Hacked Cameras, Official Says

Iran-linked hackers have stepped up cyberattacks on Israel since the war began, wiping the data of over 50 small businesses and compromising dozens of security cameras, according to an Israeli official. Yossi Karadi, the director-general of the Israel National Cyber …
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Tech Update: Renaissance Unveils AI Upgrade to Its Member Platform

Independent agency network Renaissance said it made a major enhancement to its member platform, calling it the industry’s only fully integrated, artificial intelligence-enabled ecosystem built specifically for independent agencies. “Independent agencies are being asked to compete in a modern market …
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Crunchyroll Probes Breach After Hacker Steal User Data: BleepingComputer

Crunchyroll, a subscription-based anime streaming service, is probing a data breach after hackers claimed to have stolen personal information of nearly 6.8 million people, BleepingComputer reported on Monday. “We are aware of recent claims and are currently working closely with …
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WTW Survey: Insurers Using Advanced Analytics and AI See Strong Returns

A new survey finds that property/casualty insurers in North America that invested more resources in advanced analytics and AI achieved greater profitability and premium growth, according to global broker WTW. Insurers using more sophisticated analytics achieved combined ratios six percentage …
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Meta Ordered to Pay $375M After Trial Over Child Exploitation, User Safety

A New Mexico jury on Tuesday found Meta Platforms violated state law in a lawsuit brought by the state attorney general, who accused the company of misleading users about the safety of Facebook, Instagram and WhatsApp and of enabling child …
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Zoox to Widen Robotaxi Footprint With San Francisco, Vegas Expansion

Zoox, Amazon’s self-driving unit, said on Tuesday it will expand its robotaxi service in San Francisco and Las Vegas, and begin testing its purpose-built robotaxis in Austin and Miami, marking its broadest push yet into the U.S. autonomous ride-hailing market. …
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Six People Injured After Floor Collapses at New Hampshire Wedding Venue

Six people were taken to area hospitals with non-life-threatening injuries after a floor collapsed at a wedding venue in Tamworth, New Hampshire, around 4:30 p.m. Saturday, a spokesperson for the New Hampshire State Fire Marshal’s Office said. The collapse happened …
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Peak Re Names Swiss Re’s Kuk as CEO, Succeeding Co-Founder Hahn

Peak Reinsurance Co. Ltd., the Hong Kong-based reinsurer that specializes in emerging markets, announced that Victor Kuk will become chief executive officer, effective April 20, 2026, subject to regulatory approval. Kuk is succeeding Franz-Josef Hahn, co-founder and CEO of Peak …
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