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Insurers Race to the Starting Line in the Dawn of the AI Decision Era

by lpiccitto | Jul 3, 2025 | Uncategorized

Embracing artificial intelligence in insurance is a race, but one that experts describe as a race to the starting rather than the finish line. “I think this is sort of a race to the starting line,” said Indico Data CEO …

Washington Commissioner Convenes Advisory Board to Eye Insurer AI Use

by lpiccitto | Jul 2, 2025 | Uncategorized

Washington Insurance Commissioner Patty Kuderer convened her first Artificial Intelligence Advisory Board meeting in Seattle this week to look at the insurance industry’s use of AI and to get recommendations on policy development, regulatory oversight and consumer...

US Probes Ex-Ransom Negotiator Accused of Scheming With Hackers

by lpiccitto | Jul 2, 2025 | Uncategorized

Law enforcement officials are investigating a former employee of a company that negotiates with hackers and facilitates cryptocurrency payments during ransomware attacks, according to a statement from the firm, DigitalMint. DigitalMint President Marc Jason Grens this...

Trump Hotel Pays $4.8 Million to Resolve Complaint Over Killing Fish in Chicago

by lpiccitto | Jul 2, 2025 | Uncategorized

Trump International Hotel & Tower Chicago will pay $4.8 million to resolve a complaint that it was killing fish in the Chicago River. A system used to cool the building by drawing in river water was sucking in thousands of …

Legacy Specialist Enstar Goes Private on Completed Acquisition by PE Firm Sixth Street

by lpiccitto | Jul 2, 2025 | Uncategorized

Sixth Street, the San Francisco-based private equity firm, has completed its $5.1 billion acquisition of Bermuda legacy specialist Enstar Group. Enstar’s ordinary shares will no longer be listed publicly, and Enstar will continue operations as a privately held,...

Texas Braces for Budget Constraints as Federal Funding Dries Up

by lpiccitto | Jul 2, 2025 | Uncategorized

The era of massive state budget surpluses in Texas could be coming to an end. As the last of the federal government’s COVID-19 emergency funds are spent and sales tax revenues return to historic averages after a large spike, budget …
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