EU Eyes TikTok for Potential Breach of New Digital Services Act Amidst Concerns Over Minor Protection
The European Union is gearing up to investigate TikTok under the Digital Services Act, focusing on the platform’s efforts to safeguard minors.
February 12, 2024
Legislation & Regulation
Risk Management
Technology
Amazon Faces Class Action Over Alleged Price Manipulation
A lawsuit claims Amazon manipulates its "Buy Box" to favor higher-priced items, potentially breaching consumer protection laws.
February 9, 2024
Litigation
Technology
California
Washington
Cyber Insurance Market Poised for Significant Growth, Set to Reach $23 Billion by 2025
With cyber threats on the rise, the global cyber insurance market is expected to soar to $23 billion by 2025, led by U.S. business contributions.
February 9, 2024
Insurance Industry
Risk Management
Technology
US AI Leaders Join Forces with Government to Set Federal AI Standards
Top US AI companies collaborate with the government to develop federal standards, ensuring AI’s safe and responsible deployment.
February 9, 2024
Insurance Industry
Legislation & Regulation
Technology
Revolutionizing Online Sports Betting Insurance with Innovative Solutions
Innovative insurance solutions like surety bonds are transforming collateralization in the sports betting industry, marking a new era of financial flexibility.
February 8, 2024
Insurance Industry
Legislation & Regulation
Technology
Delaware
Montana
Nevada
New Jersey
Oregon
SpaceX Faces Allegations of Gender Discrimination and Retaliation by Former Employees
Former SpaceX engineers allege workplace discrimination and retaliation, filing complaints under California’s civil rights law after criticizing Elon Musk’s conduct.
February 7, 2024
Litigation
Technology
Deepfake Audio of President Biden Used in Voter Suppression Attempt Linked to Texas Company
A sophisticated AI-generated robocall mimicking President Joe Biden and discouraging New Hampshire Democrats from voting traced to a Texas company, highlighting emerging threats in electoral integrity.
February 7, 2024
Fraud
Legislation & Regulation
Technology
New Hampshire
Texas
Missing Bolts Discovered in Boeing 737 Incident Investigation
An NTSB investigation into a Boeing 737 rapid decompression incident reveals missing bolts in the mid exit door plug, prompting further examination.
February 7, 2024
Catastrophe
Risk Management
Technology
Oregon
AI to Revolutionize Insurance Industry with Enhanced Claims and Underwriting Processes
The 2024 insurance landscape is set for a transformation, with AI integration promising improved claims handling and underwriting accuracy, as outlined in a recent Xceedance report.
February 7, 2024
Insurance Industry
Technology
Underwriting
California Court Rules Against Customer for Libelous Online Posts About Contractor
In a notable decision, a California court ruled that online disparagements made by a customer against her contractor were libelous, setting a precedent for business protection against false online accusations.
February 7, 2024
Legislation & Regulation
Litigation
Property
Technology
California
Honda Announces Major Recall Over Air Bag Sensor Defect
Honda is recalling numerous models due to a front passenger seat sensor defect that could lead to unintended air bag deployment during crashes.
February 6, 2024
Auto
Technology
Navigating the Intersection of AI and the Heavy Trucking Industry
As AI integrates with heavy trucking, navigating legal claims and safety standards becomes complex, requiring industry-wide collaboration and regulatory insight.
February 6, 2024
Legislation & Regulation
Liability
Technology
Insurtech Funding Falls to Four-Year Low in 2023, Reveals Gallagher Re Report
Insurtech funding declined to $4.5 billion in 2023, marking the lowest investment level since 2018 amidst a challenging economic climate.
February 5, 2024
Life & Health
Property
Technology
Cloudflare Counters State-Backed Cyber Intrusion with Comprehensive Security Measures
Cloudflare’s swift and effective response halts a nation-state cyber attack, aiming for widespread access to its network, without compromising customer data.
February 2, 2024
Risk Management
Technology
Surge in Cyber Insurance Adoption Driven by Increased Cyber Attack Risks and Contractual Requirements
With cyber attacks becoming an inevitable threat, over 70% of organizations now hold cyber insurance, reflecting a shift towards proactive risk management.
February 2, 2024
Insurance Industry
Technology
