Industry News
Sedgwick named Courtney Welton global chief legal officer, general counsel and corporate secretary. Welton will serve as a member of the executive leadership team and help guide the company’s legal strategy, governance, regulatory compliance and risk management efforts. Welton has …
Via: Claims Journal
A vast majority of Americans favor requiring artificial intelligence companies to meet independent safety benchmarks for their models, even if those standards mean slowing development of the technology, according to a new poll. Against a backdrop of growing global anxiety …
Via: Claims Journal
Attorneys for three cancer patients told a Missouri jury on Tuesday that Bayer’s Monsanto unit failed to adequately test its Roundup weedkiller before selling it, starting a trial that could help determine the viability of some Roundup lawsuits after a …
Via: Claims Journal
A powerful El Niño has left India with its weakest monsoon in more than a decade, threatening crops, draining reservoirs and raising food-price risks in the world’s most populous nation. Rainfall during the June to September monsoon season was 12.6% …
Via: Claims Journal
Police in the Netherlands have arrested a Dutch man on suspicion of cybercrime-related activities, according to the person’s employer and other people familiar with the matter. Pepijn van der Stap, 24, was arrested earlier this month and charged with involvement …
Via: Claims Journal
The Diocese of Buffalo, New York, has reached a settlement in which insurers will contribute $177 million to a fund to compensate victims of clergy sexual abuse. The insurers’ contribution is in addition to the diocese’s $150 million, bringing the …
Via: Claims Journal
A US appeals court on Tuesday upheld a ruling for information services company Thomson Reuters in its copyright dispute with former legal-research rival Ross Intelligence over Ross’ alleged misuse of copyrighted material to train an AI-powered legal search engine. The …
Via: Claims Journal
I had a conversation the other day that brought an Idaho Supreme Court decision from 2022 to my attention. If you’re interested, it’s Pena v. Viking Insurance Company of Wisconsin. This is a case about an injury sustained in an …
Via: Claims Journal
Hundreds of mom-and-pop investors lost more than $15 million in crypto and cash in fake artificial-intelligence stock trading schemes fueled by boosters in WhatsApp group chats, the Securities and Exchange Commission said Tuesday. The SEC filed two separate lawsuits against …
Via: Claims Journal
Gallagher Bassett named Frank Caruana vice president of AI solutions. Caruana will help shape a faster pace of innovation, clearer accountability and stronger platform to deliver a better client experience, the company says. AI Solutions is a new organization within …
Via: Claims Journal