In the long war between auto insurers and windshield repair shops, the Florida Supreme Court this week sided with glass companies, leaving GEICO with little choice but to ask lawmakers to change the law if it feels repair prices have …
AM Best has revised the outlooks to negative from stable while affirming the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” (Excellent) of Boston-based Medical Professional Mutual Insurance Co., and its …
Just when employees have learned to ignore scammy texts and emails from the boss, along comes the next generation of impersonation using artificial intelligence. Cybercriminals increasingly use generative AI, including voice calls and video, to scam businesses. And small businesses …
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 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, 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 …
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 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 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 …
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 …
