INSURANCE NEWS
As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies
Cyber insurers have spent years defining what constitutes a hack and when coverage should pay out, but the rapid emergence of AI agents is raising new questions, forcing insurers to review their policies. Leading AI developers OpenAI, Anthropic and Meta …
Uber to Offer Optional Livestreams of Teen Rides to Parents and Guardians
Uber Technologies Inc. is rolling out a new safety feature that lets parents or guardians view a video livestream of their teenager’s ride. The feature uses the selfie camera on the driver’s phone and notifies an authorized guardian if a …
AI Firms Debate Putting Cyber Tests Online After Model Hacks
Artificial intelligence labs and cybersecurity firms are reconsidering the way they test advanced AI models after models from at least three firms jumped onto the open internet and breached real-world victims. Cybersecurity specialists are debating whether they should connect the …
Judge Dismisses Musk’s X Suit Against New York Law on Hate-Speech, Disinformation
A judge dismissed a suit by Elon Musk’s X Corp. that sought to block a New York law requiring social media companies to disclose how they deal with hate speech, extremism and disinformation, ruling that “the First Amendment poses no …
Western Wildland Firefighters Warned About Supplement for Smoke Exposure
Fire and medical officials have issued warnings about a supplement offered to Western wildland firefighters who have been exposed to toxic chemicals while battling some of the country’s biggest blazes. The supplement glutathione, given through an IV or an inhaler-like …
People Moves: Ellis Joins Alliant Denver Employee Benefits Team
Alliant Insurance Services added Rebecca Ellis as assistant vice president within its employee benefits group in the Rocky Mountain region. Ellis will partner with employers throughout the Western region to develop strategic employee benefits and total rewards programs. Ellis’ background …
People Moves: Alliant Adds Riexinger to Northeast Benefits Team
Andrew Riexinger joined Alliant Insurance Services as vice president within its employee benefits group in New Jersey. He will work with employers throughout the Northeast, providing employee benefits brokerage and consulting services, including financial underwriting, claims analysis, plan design, and …
Some Gary, Indiana Residents Still Without Power Weeks After Storms
Things became all-too familiar for Kimya Williams after storms rumbled through Gary, Indiana, earlier this month leaving big chunks of the mostly-Black city in the dark for two weeks. The power outage reminded the 50-year-old of what she experienced in …
Meta to Pay Texas $1 Billon in Child Safety Case
Social media giant Meta will pay over $1 billion to Texas and implement sweeping protections for children as part of a settlement with the state, Attorney General Ken Paxton announced Wednesday. The settlement comes as Meta, the company behind Facebook …
Top Container Line Halts Russian Black Sea Service Due to Drones
The world’s top container shipper MSC Mediterranean Shipping Co. has suspended new bookings to and from Russia’s Novorossiysk port with immediate effect after one of its vessels was attacked by a drone. The decision follows a recent strike on the …
Iran, Oman Agree to Share Strait of Hormuz Revenue
Iran’s military said it reached a revenue-sharing agreement with Oman on the Strait of Hormuz, as the two sides push for a wider deal on the management of the crucial waterway. “Agreements have been reached regarding each country’s share of …
PwC International Can’t Exit Evergrande Case, HK Court Rules
A Hong Kong court declined to remove PricewaterhouseCoopers International Ltd. from a multibillion-dollar lawsuit brought by China Evergrande liquidators against the firm and its Hong Kong and mainland Chinese affiliates. Deputy High Court Judge Patrick Fung said the evidence PwC …