UnitedHealth Group Inc. said in a regulatory filing it has entered into an agreement to sell its operations in Brazil to a private investor.
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Rising Construction Costs Plague Insurance Rates
Anyone in Florida looking to buy or build a home, or maintain insurance on a home they already own, are likely facing rising costs. Average annual premiums have risen to more than $4,200 a year, which is triple the national average.
NY Governor Vetoes Bill to End Noncompete Agreements
New York Gov. Kathy Hochul has vetoed a bill that would have prohibited noncompete agreements, such as those widely used by insurance brokers.
Another Corewell Health Data Breach Impacts More Than 1 Million Patients
For the second time in just a few months, Corewell Health patients in Southeast Michigan may have had their medical information exposed in a data breach.
Florida & Other States Fight Carbon Rule
Florida Attorney General Ashley Moody joined 20 other states Thursday in challenging a Biden administration rule aimed at reducing transportation-related greenhouse gas emissions.
Truck Engine Maker Cummins to Pay Record-Setting $1.675B Environmental Fine
Truck engine maker Cummins Inc has agreed in principle to pay a $1.675 billion fine for installing devices on hundreds of thousands of engines to allow them to emit excess pollution, the largest-ever civil penalty for a Clean Air Act violation, according to the U.S. Justice Department. The Department said Cummins allegedly installed so-called “defeat… Continue reading Truck Engine Maker Cummins to Pay Record-Setting $1.675B Environmental Fine
New York Times Sues Microsoft and OpenAI, Alleging Copyright Infringement
The New York Times sued Microsoft and OpenAI for alleged copyright infringement, touching off a legal fight over generative-AI technologies with far-reaching implications for the future of the news publishing business.
SPAC Mania’s Ugly End Yields $46B in Investor Losses
Wall Street’s affair with blank-check firms, the finance fad that pushed companies onto the stock market during the Covid-19 pandemic, ended this year with a string of big bankruptcies and even bigger losses for shareholders.
Insurance Leaders Combat Climate Risks Through Innovation, Collaboration
Ellen Mecray, regional climate services director for the National Oceanic and Atmospheric Administration, and Jeff O’Shaughnessy, senior vice president of treaty for HSB, explore strategies to tackle evolving climate risks through data, technology and partnerships.
Cowbell’s Gupta on AI and Its Role in Cybersecurity and Insurance
As more organizations continue to apply and use artificial intelligence (AI) within their systems, the technology is expected to play “a crucial role in enhancing both efficacy and efficiency in addressing new challenges,” says Rajeev Gupta, Co-founder and Chief Product Officer, Cowbell.