Industry News
Companies must prepare for successful attacks on critical power infrastructure as both physical and cyber threats continue to increase, the CEO of E.ON, Europe’s largest operator of energy grids, said on Thursday. “Attacks on our grids are increasing significantly,” Leonhard …
Via: Claims Journal
Early this year, Insurify caused a stir when it began what was thought to be the first insurance app with ChatGPT’s Open AI. In fact, the news momentarily shook the S&P 500 Insurance index. On Sept. 23, the online insurance …
Via: Claims Journal
After years of broadly unsuccessful efforts to wean drivers off combustion engines, sales of electric vehicles are surging in Europe thanks to the jump in fuel prices stoked by geopolitical upheaval. Registrations of fully-electric cars soared 52% across the region …
Via: Claims Journal
A hurricane watch has been issued for Hawaii’s Big Island as Tropical Storm Nolo strengthens south of the island chain. Nolo, with top winds of 40 miles (64 kilometers) per hour was 500 miles south of Honolulu and on a …
Via: Claims Journal
Companies betting AI devices will usher in a post-smartphone era are fueling privacy fears around the globe that could slow adoption of the emerging technology. The backlash against devices that can see, hear and respond to the world around them …
Via: Claims Journal
The Federal Bureau of Investigation is probing hackers’ claims that they broke into the agency’s systems and stole thousands of current and former employees’ data, the bureau said in a statement Wednesday. The FBI on Wednesday acknowledged the hackers’ claims …
Via: Claims Journal
Apollo Global Management Inc. Chief Executive Officer Marc Rowan blasted insurance regulators in Delaware for their handling of Mark Walter’s insurance companies, which are now the subject of a federal probe. Rowan singled out the Delaware Department of Insurance for …
Via: Claims Journal
Electric vehicle maker Rivian Automotive said on Wednesday it is recalling about 100,700 vehicles, representing a majority of its vehicles produced to date, over a software issue that can obstruct the rearview camera display. Related: NHTSA Closes Rear-View Camera Probe …
Via: Claims Journal
The Nor'easter system is forecast to churn up waves as high as 30 feet and pound the Mid-Atlantic and New England coastline.
Via: Claims Journal
The rapid growth and lack of governance or regulation in the use of artificial intelligence has once again made cyber threats the top concern among businesses. According to the latest Risk Index from insurer Travelers, 58% of respondents said they …
Via: Claims Journal