Category: Insurance Journal

A team of researchers has uncovered what they say is the first reported use of artificial intelligence to direct a hacking campaign in a largely automated fashion. The AI company Anthropic said this week that it disrupted a cyber operation …

European Central Bank Vice President Luis de Guindos said financial-stability risks are still high due to the unpredictable outlook for the global economy and trade. “Vulnerabilities remain elevated in view of uncertainty over geoeconomic trends and the ultimate impact of …

he U.S. federal consumer finance watchdog on Wednesday proposed narrowing key civil-rights-era anti-discrimination requirements for the financial industry, advancing Republican President Donald Trump’s effort to curtail long-standing policies he views as a burden on businesses, but that advocates say are …

A federal jury in California said on Friday that Apple owes medical-monitoring technology company Masimo $634 million for infringing a patent covering blood-oxygen reading technology. The jury agreed with Masimo that the Apple Watch’s workout mode and heart rate notification …

A U.S. appeals court is expected to hear arguments on Monday from families seeking to revive their lawsuits over Tylenol, after the Trump administration publicly promoted their claims that the popular painkiller is linked to autism in children. In urging …

Iranian forces seized an oil tanker sailing in the Gulf of Oman, diverting the vessel toward the country’s territorial waters on Friday after it passed the Strait of Hormuz, a US defense official said. The Marshall Islands-flagged tanker Talara was …

Polish Prime Minister Donald Tusk said an explosion that damaged a railway route linking Poland with Ukraine was an act of sabotage, as the country confronts rising hybrid threats from Russia. “The explosion was most possibly intended to blow up …

Simply Slims, L.L.C., doing business as Slim Chickens, will pay $300,000 and provide other relief to settle a sexual harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. Headquartered in Fayetteville, Arkansas, Slim Chickens …

Nebraska Attorney General Mike Hilgers announced last week that a district court denied Change Healthcare’s motion to dismiss claims for alleged consumer protection and data privacy violations, allowing the state’s lawsuit against Change Healthcare, UnitedHealth Group, and Optum to move …

AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) for the members of Chicago-based IFG Companies (IFG). These …