Six people, including one child, died Tuesday night in a plane crash in Wisconsin after the pilot reported that ice was building up on the wings as he flew through a thunderstorm, according to authorities. The six-seat, single-engine plane was traveling from Kenosha to Menomonie when it crashed shortly before 10 p.m. in a wooded …
Syndicate 1998 will write credit risk insurance, surety reinsurance and speciality European trade credit Source link
The founder of a central Florida home services company, who is running for Congress this year, said the firm will inspect and replace electrical ground wires that may not meet building code, after homeowners filed a lawsuit. Joe Strada, founder and part owner of Strada Services, based in Sanford, Florida, said remediation efforts are underway, …
Reinsurance giant’s stock gains 2.2% for the week despite some analysts’ bearish view Source link
A few years ago, the industry’s biggest worry was how to recruit enough talent to fill the gaps and prepare for the future of insurance. We talked endlessly about how to make insurance look interesting to people coming out of school, dedicated panels at every conference and leadership meeting to it and dedicated marketing plans …
All set! This article has been sent to my@email.address. All fields are required. For multiple recipients, separate email addresses with a semicolon. Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe. Source link
The Trump administration’s embrace of legal liability to enforce artificial intelligence safety sets the stage for future conflicts over who foots the bill when AI models go rogue: the companies that design the systems or the people that deploy the technology. Holding AI developers financially responsible for the safety of their products has won support …
Modelling firm’s estimate is at the low end of earlier projections Source link
Edison International shares fell over 3% on Tuesday after short seller Muddy Waters said it had uncovered new information suggesting the utility acted with “conscious” or “willful” disregard in the Eaton Fire. Related: Southern California Edison Chief Warns Wildfire Impasse Risks Higher Customer Bills The investment firm said Edison could face at least $4 billion …
‘Some muppets always ready to quote lower than us,’ marine underwriter notes Source link
Data center developers have started touting new technologies that slash the amount of water needed to cool hot-running servers in drought-stressed places like Arizona. Those efforts, though, are not addressing the vast majority of the water consumed by the AI buildout. Miles away from multiplying data centers, power plants are now consuming enormous volumes of …
Elliot Richardson appointed chief commercial officer to accelerate growth across all the broking group’s businesses Source link