INSURANCE NEWS
Drones, AI and White Paint: Europe Races to Protect Infrastructure From Heat
As Europe’s railways buckle under record heat, roads melt and power grids strain, countries are turning to an array of fixes for aging infrastructure, from drones inspecting tracks and AI-powered sensors to a surprisingly simple tool: white paint. At Norway’s …
Viewpoint: The AI Ransomware That Couldn’t Get Paid
On July 1st, security researchers at Sysdig published something they had never documented before. A ransomware attack that ran from start to finish without a single human directing it, an AI agent alone at every stage. If you work in …
US Aims to Set Guardrails for Autonomous Vehicle Behavior
The Trump administration is working to develop new safety requirements governing how autonomous vehicles behave on the road as the industry contends with a series of safety mishaps. Officials aim to finalize the new requirements before the end of President …
White House Unveils AI Clearinghouse for Cybersecurity Risks
The Trump administration is moving to strengthen coordination on artificial intelligence cybersecurity through a new industry clearinghouse to improve the detection and patching of network vulnerabilities, especially in open-source software. The clearinghouse, named Gold Eagle, was rolled out earlier this …
Americans Are Angry About Data Centers and Politicians Are Feeling the Pressure
From Michigan Avenue, Saline Township looks like any other farming community, with its corn and soybean fields, silos and grain elevators. Just down the road, though, cranes reach above towering fences at the site of a $16 billion project — …
New York Approves 22% Workers’ Compensation Cost Reduction
New York has approved a 22% reduction in workers’ compensation insurance premium rates, which the state says represents an estimated savings of more than $1 billion for businesses or an average of $1,779 per employer in the state. The loss …
Texas Contractor Fined $343K Following Excavation Collapse
A U.S. Department of Labor investigation concluded that a Houston utility construction company exposed employees to safety hazards after an excavation collapse hospitalized a worker. The department’s Occupational Safety and Health Administration initiated an investigation into Blazey Construction Services LLC …
Northeast Texas Counties Work to Form Groundwater District
More than a dozen East Texas counties are working to create a groundwater conservation district that would prevent over-pumping water from the aquifer below their communities. On Tuesday, Gregg County Commissioners voted to approve a resolution adding the county to …
In Michigan, 100K Live Downstream of Old, Decrepit Dams
Jonathan Korbecki was relaxing at home on the Thornapple River one rainy February night when the fire marshal knocked on his door, warning the nearby Labarge Dam may fail and send a wall of water his way. Hundreds of yards …
Despite 2024 Ruling, Appeals Court Won’t Budge in Golden Corral COVID Case
The North Carolina Supreme Court in 2024 famously bucked the trend on COVID-19 business-interruption coverage, finding that an insurer owed coverage to a restaurant that was forced to close during the pandemic. But that ruling is not enough to overturn …
People Moves: IMT Adds Hanraads and Cook to Global Risk & Benefits Practice
IMA Financial Group has expanded its Global Risk & Benefits leadership team with the appointment of two national practice leaders, strengthening the firm’s ability to support multinational organizations seeking coordinated strategies to address risk, employee benefits and compliance across international …
China Sends Robots Into the World to Learn How to Be Human
In an industrial park on the outskirts of Beijing, a humanoid arm picks up a bag of Lay’s potato chips and places it neatly along a row of snacks on a shelf. Nearby, a worker films himself grabbing cushions off …