INSURANCE NEWS
Google Settles Google Assistant Privacy Lawsuit for $68 Million
Google agreed to pay $68 million to settle a lawsuit claiming that its voice-activated assistant spied inappropriately on smartphone users, violating their privacy. A preliminary class action settlement was filed late Friday night in the San Jose, California federal court, …
Post-Storm Freeze to Test US Power Grids as Demand Surges
US power grids are expected to grapple with unprecedented seasonal demand and the threat of blackouts after a damaging winter storm coated parts of the South and Mid-Atlantic in ice — leaving brutal cold in its wake. More than 800,000 …
Markets/Coverages: Marsh Risk Expands Nimbus Facility for Major Data Center Projects
Insurance broker Marsh Risk, a business of Marsh, announced the addition of significant capacity to Nimbus, its large-scale data center construction insurance facility. Nimbus now offers limits up to US$2.7 billion – inclusive of delay in start-up and business interruption …
Doordash, Uber Fail to Stop NYC Law Requiring 10% Tip Prompt
DoorDash Inc. and Uber Technologies Inc. lost a bid to block a New York City law requiring a tipping option be presented to customers at checkout from going into effect Monday. A federal judge on Friday denied the companies’ request …
Snowstorm Triggers Warnings in Germany and Northern Europe
Heavy snow and ice hit northern and eastern Europe, disrupting transport and power systems as freezing conditions are forecast for the next two weeks. The winter storm triggered red weather alerts in Germany, where 20 centimeters (7.9 inches) of snow …
EU Opens Probe Into X Over Grok’s Production of Sexualized Imagery, Lawmaker Says
The European Commission has launched an investigation into Elon Musk’s AI chatbot Grok over the production of explicit imagery, Regina Doherty, a member of the European parliament representing Ireland, said in a statement on Monday. The investigation will assess whether …
Danone Recalls Specific Baby Formula Batches Made in Ireland as Toxin Scare Widens
French food and beverage maker Danone said on Friday it was recalling specific baby formula batches in targeted markets, as a toxin contamination scare that started with Nestle products continued to spread. Some of the world’s largest dairy companies including …
AI Job Cuts Are Landing Hardest in Britain, Morgan Stanley Says
The UK is losing more jobs than it’s creating because of artificial intelligence — and at a faster rate than its international peers. That’s according to research by Morgan Stanley that found the significant benefits to firms adopting the technology …
North Sea Nations Will Vow to Jointly Build and Protect Wind Sites
Countries including the UK, Germany and the Netherlands will pledge to jointly develop 100 gigawatts of offshore wind capacity in the North Sea and step up security of such infrastructure amid growing threats of sabotage. Energy ministers from nine countries …
Illinois Man Accused of Setting Fire to Insurance Agent’s Office
An Edwardsville, Illinois man is facing a federal arson charge for allegedly setting fire to an insurance office building in Alton, according to the U.S. Attorney’s Office, Southern District of Illinois. A federal grand jury charged Jason Dawson, 38, with …
Texas House GOP Races to Center on Tort Battle
In 2024, the Texas House Republican primaries were a bloodbath. The cutthroat cycle saw historic levels of campaign ad spending, including the usual cash influx from West Texas oil billionaires Tim Dunn and Farris Wilks supporting far-right primary challengers. Gov. …
Car Crashes Into Detroit-Area Airport Ticket Counter, injuring 6
A car crashed through the entrance of the Detroit Metropolitan Wayne County Airport on Friday evening, striking a ticket counter and injuring six people, airport officials said. The driver was taken into custody, the Wayne County Airport Authority said in …