FTC Crackdown on Companies Using AI Includes ‘Robot Lawyer,’ Content Generator
As its authority is routinely questioned, the Federal Trade Commission has filed complaints against five companies it said use artificial intelligence (AI) to “supercharge deceptive or unfair conduct.” “Using AI tools to trick, mislead, or defraud people is illegal,” said …
Britain Targets Russian LNG Sector With Fresh Shipping Sanctions
Britain on Thursday sanctioned five vessels and two associated entities involved in the shipping of Russian LNG, with the government saying it was using new legal powers for the first time to target LNG vessels directly. “Earlier this year, the …
Acrisure Launches Bermuda Operation, Led by Industry Veteran Scope
Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, has launched an office in Bermuda to focus on wholesale insurance broking for its global clients. Trading as Acrisure Bermuda Ltd., the new business unit aims to complement current reinsurance …
Alex Jones’ Infowars to Be Liquidated at Auctions to Pay Sandy Hook Families
Conspiracy theorist Alex Jones ‘ Infowars media platform and its assets will be sold off piece by piece in auctions this fall to help pay the more than $1 billion he owes relatives of victims of the Sandy Hook Elementary …
American Eagle Outfitters Sues Amazon for Infringing ‘Aerie’ Trademarks
American Eagle Outfitters sued Amazon.com on Wednesday, accusing it of intentionally infringing the clothing and accessories retailer’s “Aerie” and “Offline by Aerie” trademarks by directing customers to knock-off merchandise. In a complaint filed in Manhattan federal court, American Eagle said …
Shell, Equinor, TotalEnergies Open CO2 Storage Facility in Norway
Shell, Equinor and TotalEnergies said on Thursday their carbon dioxide (CO2) storage project on Norway’s west coast is now completed and ready to receive CO2, with its first deliveries expected next year. Carbon capture and storage (CCS) has long been …
Ecuador Fires Threaten Wealthy Areas, Force President to Return Home
Wealthy neighborhoods in Quito remain under threat of flames, and schools have shifted to online teaching through the end of the week as firefighters battle forest fires in Ecuador’s capital. Quito Mayor Pabel Muñoz of the left-wing Citizen Revolution party …
Markets/Coverages: Markel Expands Specialist Tech Insurance Offering in UK
Markel, the insurance operations within the Markel Group Inc., has launched an enhanced insurance proposition tailored to meet the evolving needs of the UK’s growing tech sector. The enhanced product, MarkelTech, is aimed at start-ups, small-and-medium-sized businesses, mid-market and high-growth …
A $9.5 Trillion Investor Group Unveils Milestone Emissions Cuts
Institutional investors holding a combined $9.5 trillion of assets say they’ve slashed portfolio emissions at a rate that aligns them with the goal of limiting global warming to the critical threshold of 1.5C. The Net-Zero Asset Owner Alliance, whose signatories …
India Insurer Star Health Sues Telegram After Hacker Uses App’s Chatbots to Leak Data
Top Indian insurer Star Health has sued Telegram and a self-styled hacker after Reuters reported that the hacker was using chatbots on the messaging app to leak personal data and medical reports of policy holders. The lawsuit comes amid growing …
Why US Home Insurance Rates Are Rising Fast – Climate Change Plays a Big Role
Millions of Americans have been watching with growing alarm as their homeowners insurance premiums rise and their coverage shrinks. Nationwide, premiums rose 34% between 2017 and 2023, and they continued to rise in 2024 across much of the country. To …
State Farm Posts Worst HO Loss Ratio Since 2011; Peers Recover: S&P
State Farm was the only one of 10 major players in the homeowners insurance market reporting a worse second-quarter loss ratio for the line than it did in 2023, according to a new analysis. The outlier result came even as …
Woman Arrested From Washington Insurance Commissioner’s Most Wanted List
An Everett woman on Washington Insurance Commissioner Mike Kreidler’s Insurance Fraud Most Wanted list who failed to appear for her arraignment has been arrested. Shawndlyn Williams, who also goes by Shawndlyn Dyson, was charged by the King County Prosecutor’s Office …
Passenger Killed When Horse Smashed Through Windshield on California Highway
The passenger in a car was killed when a horse smashed through the windshield during a series of crashes on a Southern California interstate, authorities said. The first collision occurred about 2 a.m. Sunday when a Toyota Tacoma towing a …
Snowmobiler Who Crashed Into Black Hawk Helicopter on Path Awarded $3 Million
The federal government was mostly responsible for a nighttime collision involving a snowmobiler who nearly died after hitting a Black Hawk helicopter that was parked on a Massachusetts trail, a judge ruled in awarding him $3.3 million in damages. U.S. …
Norcross Defense Team Pans Racketeering Case as ‘Crime Thriller With No Crime’
Lawyers for New Jersey insurance executive and political power broker George Norcross III say the state’s 111-page indictment against him and others for alleged racketeering is a “crime thriller with no crime.” In calling for dismissal of the charges, Norcross …
Cease and Desist Order Issued Against Iowa Contractor
The Iowa Insurance Division has issued a cease-and-desist orderagainst William Campbell and All or Nothing LLC, a Clive, Iowa limited liability company doing business as All or Nothing Roofing and Construction. The order claims that Campbell and his company have …
Oklahoma High Court Denies Rehearing for Survivors of Tulsa Race Massacre
OKLAHOMA CITY (AP) — The Oklahoma Supreme Court has rejected a request to reconsider its ruling to dismiss a lawsuit filed by the last two known living survivors of the 1921 Tulsa Race Massacre. Without comment, seven members of the …
Report: Experts Worry California’s Wildfire Season Could Get Worse
Despite several early blazes and one of the state’s largest so far, experts worry California’s wildfire season could get worse when the seasonal winds responsible for fanning some of the biggest fires arrive. A CNN report out this week queries …
Kansas County Reports Unauthorized Access to Personal Information in Ransomware Attack
A Kansas county said it found unauthorized access and acquisition of personal information maintained by the bounty, including protected health information related to individuals who received services. Franklin County, located southeast of Kansas City, shared in a Sept. 20 update …
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