by lpiccitto | Sep 10, 2025 | Uncategorized
Republican U.S. Senator Ted Cruz introduced a bill on Wednesday that would let artificial intelligence companies apply for exemptions to federal regulation to help them experiment in developing new technology. Cruz leads the Senate Commerce Committee, which held a...
by lpiccitto | Sep 10, 2025 | Uncategorized
Insurers that have not indicated they will pay claims from sexual abuse survivors currently have no standing to contest certain claims as they are being considered, a federal bankruptcy judge recently ruled in a case involving the Roman Catholic Diocese …
by lpiccitto | Sep 10, 2025 | Uncategorized
Pricing and returns in the reinsurance market are expected to gradually come off recent highs, with the market facing moderately weaker, but still sound, operational and business conditions in 2026. Abundant capacity and rising competition across most property lines...
by lpiccitto | Sep 10, 2025 | Uncategorized
Amazon.com Inc.’s autonomous driving unit Zoox has started offering rides to the public in Las Vegas, marking a first in the U.S. for a purpose-built robotaxi with no driver controls. Starting Wednesday, Zoox will offer trips in and around the …
by lpiccitto | Sep 10, 2025 | Uncategorized
A portfolio claims analysis shared by Resilience, a cyber risk solutions company, showed the year-over-year average cost of individual ransomware attacks rose by 17% in the first half of 2025. The new report found that successful attacks are becoming more …
by lpiccitto | Sep 10, 2025 | Uncategorized
IQUW Re Bermuda, announced plans to expand its predominantly property cat reinsurance product suite with the additions of mortgage, credit, and cyber reinsurance to its portfolio. This continued product expansion comes at a time of significant development for IQUW....
