National News

Letter Reveals Why Vatican Halted U.S. Bishops’ Steps to Address Sex Abuse: AP

The Vatican blocked U.S. bishops from taking measures to address the clergy sex abuse scandal because U.S. church leaders didn’t discuss the legally problematic proposals with the Holy See enough beforehand, according to a letter obtained by The Associated Press. …

How Big Tech Is Using Artificial Intelligence to Stop Hackers

Last year, Microsoft Corp.’s Azure security team detected suspicious activity in the cloud computing usage of a large retailer: One of the company’s administrators, who usually logs on from New York, was trying to gain entry from Romania. And no, …

Robots Haven’t Eliminated Many Jobs – So Far: World Bank

The rise of automation has so far had a negligible impact on jobs at a global scale, the World Bank chief economist said, despite common gloomy predictions that humans are set to be replaced by machines. While advanced economies have …

Marsh Launches Cyber Self-Assessment Tool for Clients

Marsh has launched a next-generation online cyber self-assessment tool. The tool incorporates the latest insights on cybersecurity best practices to provide clients cybersecurity program diagnostic and serve as a single application for cyber insurance. The enhanced cyber assessment uses information …

Smart Home Product Security Risks Can Be Alarming

Say you’re on your laptop at Starbucks, minding your own business, when an acquaintance of yours across the room isn’t minding his. Unbeknownst to you, he’s using the same store Wi-Fi as you to conduct a virtual invasion of your …

2019 President Brosius, Board Members Take Helm at RIMS

Risk manager Gloria Brosius has assumed the leadership of RIMS, the risk management society, as president for the 2019 term, effective January 1. Brosius is director, Risk Management and Insurance for Pinnacle Agriculture Distribution in Loveland, Colorado. She has been …

How Big Tech Flirted with Insurance in 2018

The almost weekly headlines about insurers and venture capitalists investing in insurtechs and tech-savvy insurance startups sometimes blocked the view of what established big technology firms were doing in insurance. During 2018, giant technology firms Google and Amazon showed renewed …

Senior Care Facilities and Their Insurers Try to Keep Up with Aging America’s Falls

Last March, a 103-year-old resident of a Sunrise Senior Living facility in Willowbrook, Illinois, went on a field trip to the movies. Ruth Smith, who used a walker, fell down two concrete steps in the theater and died about six …

Reinsurance Prices Drop – Despite 2018’s Big Natural Catastrophe Losses: JLT Re

JLT Re’s global property-catastrophe reinsurance index fell 1.2 percent in Jan. 1 policy renewals, the broker said on Wednesday, dashing the industry’s hopes of higher reinsurance premiums after a second straight year of big losses. Reinsurance prices, chiefly set in …

Competition in Artificial Intelligence Is Like New Space Race: Viewpoint

It’s been another year of relentless artificial-intelligence hype and incremental AI achievement. Machines still beat humans only in carefully constructed environments or at narrow tasks. The good news is that, as the technology progresses, the race for leadership is still …

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