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Trump Denied Immunity Against US Election Subversion Charges

Article 0 Comments Donald Trump is not entitled to absolute presidential immunity against criminal charges over his efforts to overturn the 2020 presidential election, a federal judge ruled, saying...

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Microsoft’s OpenAI Investment Risks Scrutiny From US, UK Regulators

Article 0 Comments The US Federal Trade Commission is examining the nature of Microsoft Corp.’s investment in OpenAI Inc. and whether it may violate antitrust laws, according to a person familiar with...

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US Regulators Add Artificial Intelligence to Potential Financial System Risks

Article 0 Comments Rapid adoption of artificial intelligence (AI) could create new risks for the U.S. financial system if the technology is not properly supervised, a panel of regulators warned on...

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People Moves: Triple-I Adds 4 Non-Resident Scholars; Tate Appointed Aspen’s...

Article 0 Comments The Insurance Information Institute (Triple-I) announced the appointment of four new Non-Resident Scholars (NRS). Teresa Chan, Director – Insurance Management Program School of...

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Reinsurance Buyers Find ‘Smoother’ January Renewals With Ample Capacity:...

Article 1 Comment Ceding companies are finding that a responsive reinsurance market has materialized for the Jan. 1, 2024 renewals – a reflection of ample capacity and a commercial approach to trading...

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Travelers Completes Acquisition of Corvus Insurance

Article 0 Comments The Travelers Cos. completed its previously announced acquisition of Corvus Insurance Holdings Inc., a cyber insurance managing general underwriter. The $435 million acquisition was...

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FTC Reaches Settlement With XCast Labs Over Illegal Robocalls

Article 0 Comments U.S. regulators and XCast Labs have agreed on a proposed settlement of charges that the company facilitated billions of illegal robocalls, the Federal Trade Commission (FTC) said on...

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Merck Settles Coverage Dispute With Insurers Over War Exclusion in NotPetya...

Article 0 Comments Merck & Co. Inc. has reportedly reached a deal with insurers over a closely-watched coverage dispute related to a massive cyberattack in 2017. The New Jersey Supreme Court in...

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New Contractor Rule to Be Unveiled Soon That Could Upend Gig Economy

Article 0 Comments The administration of U.S. President Joe Biden will release a final rule as soon as this week that will make it more difficult for companies to treat workers as independent...

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