Industry News
For years, artificial intelligence researchers have warned of ways the technology could wipe out humanity: AI bots could design an unstoppable disease, unleash a nuclear war, or transform all of Earth into paper clip factories, as one thought experiment goes. …
Via: Claims Journal
UnitedHealth Group Inc. must defend itself against a slimmed-down lawsuit by a major shareholder that alleges investors were deceived about financial transactions that boosted earnings, a federal judge ruled. U.S District Judge Jeffrey Bryan said Wednesday that the California Public …
Via: Claims Journal
A decision by the Georgia Supreme Court this month may have opened the door to more subrogation claims against law enforcement agencies that cause damage to property during non-emergency police procedures. In a case involving helicopter rotor-wash damage to a …
Via: Claims Journal
San Francisco-based Outmarket AI announced it has raised $34.5 million in Series B funding. The round was led by SignalFire, with participation from Fika Ventures, Permanent Capital Ventures, TTV Capital and Dash Fund. The funding comes months after the company …
Via: Claims Journal
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