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Root Insurance Expands Driving Behavior Product to Washington
Root Insurance has brought its driving behavior insuring pricing model to Washington in an expansion of its West Coast footprint. Root now offers its product to drivers in Washington, Oregon and California. Root’s model is designed to measure driving behaviors …
POSTED SEPTEMBER 23, 2025 3:55 PM |
Michigan Reaches Settlements With Paper Mill Over PFAS Contamination
Michigan Attorney General Dana Nessel has reached two settlement agreements with the current and past owners of a paper mill in White Pigeon, Michigan. The two settlements secure funding for response activities to address per- and polyfluoroalkyl substances (PFAS) released …
POSTED SEPTEMBER 23, 2025 3:51 PM |
Man Pleads Guilty to Setting Fires at 2 Minnesota Mosques
A man who set fires at two mosques in Minnesota in 2023 pleaded guilty to federal charges Wednesday, federal prosecutors said. Jackie Rahm Little, 38, admitted to one count of arson and one count of damage to religious property for …
POSTED SEPTEMBER 23, 2025 3:45 PM |
AM Best Revises Credit Rating Outlook to Positive for Texas’ National Unity
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good) of National Unity Insurance Company …
POSTED SEPTEMBER 23, 2025 3:40 PM |
Parents Slam OpenAI, Character.AI Over Safety in Senate Hearing
The father of a teenager who died by suicide this spring delivered emotional congressional testimony, alleging OpenAI’s ChatGPT “groomed” his 16-year-old son to take his own life and the company prioritized speed and market share over youth safety. “We’re here …
POSTED SEPTEMBER 23, 2025 3:38 PM |
West Texas Wants to Sell Natural Gas to Power AI Data Centers, But Lacks Infrastructure
Big data centers that power the artificial intelligence industry demand an abundance of energy. West Texas — known for producing 40% of the nation’s crude oil — also has an extraordinary amount of natural gas that could power those data …
POSTED SEPTEMBER 23, 2025 3:38 PM |
Bank of England’s Bailey Says AI Can Help Regulators to Find the ‘Smoking Gun’
Bank of England Governor Andrew Bailey said on Monday that he and other regulators who oversee the financial services industry should use artificial intelligence to help them spot problems among the firms that they supervise. “I think we’ve all got …
POSTED SEPTEMBER 23, 2025 2:38 PM |
Markets/Coverages: Tokio Marine Kiln Launches Enhanced Cyber Product Suite
Tokio Marine Kiln (TMK), the Lloyd’s specialist insurer, announced the launch of its enhanced “Cyber Ctrl” cyber product suite. This cyber risk solution features new products and wordings, including Professional Ctrl for technology, media and errors & omissions (E&O), as …
POSTED SEPTEMBER 23, 2025 2:25 PM |
New Jersey Panel Issues Recommendations on Social Media Use by Teens
Students should be banned from using cell phones in school, parents should delay their child’s access to social media, and social media companies should restrict access for users younger than 16. Those are among the recommendations of the New Jersey …
POSTED SEPTEMBER 23, 2025 1:55 PM |
Chinese Regulator Summons ByteDance, Alibaba’s Platforms Over Content Violations
China’s cyberspace regulator summoned ByteDance’s news platform Toutiao and Alibaba’s internet browser operator UCWeb over content violations, making them the latest companies to be targeted by a government crackdown on user behavior online. Both platforms were recently penalized for content …
POSTED SEPTEMBER 23, 2025 1:43 PM |
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