The driver of a tanker truck hauling gasoline lost control on a curved off-ramp on Interstate 95, causing the truck to flip and catch fire, leading to the collapse of the northbound lanes in early June, federal safety officials said Thursday in a preliminary report.
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Attorneys Fined $5,000 for Use of ChatGPT that Invented Precedents
A U.S. judge sentenced two lawyers to pay a $5,000 fine for filing a court brief using the popular artificial intelligence (AI) tool ChatGPT that made up a series of non-existent legal precedents.
Curb Your AI Enthusiasm: Just Look at Insurtech as Cautionary Tale
Shares in “insurtech” startups, which look to upend traditional insurance through the use of automation, data and AI, have enjoyed a small bounce lately thanks to the mania unleashed by OpenAI’s ChatGPT. But they remain far below their levels a few years ago, when many went public.
The Big ‘I’ Issues Apology for Remarks During CEO’s Interview with Fox News Host Watters
The Big “I” issued an apology for an unfortunate interview segment that was conducted at the Big “I” Legislative Conference between president & CEO Bob Rusbuldt and Fox News host Jesse Watters in April of 2023.
Supreme Court Bans Affirmative Action in College Admissions
The Supreme Court on Thursday struck down affirmative action in college admissions, declaring race cannot be a factor and forcing institutions of higher education to look for new ways to achieve diverse student bodies.
Supreme Court Rules Web Designer Can Refuse Work on Same-Sex Wedding Announcements
The Supreme Court sided with a Colorado web designer’s claim that the First Amendment entitles her to refuse commissions for same-sex wedding announcements.
Small Pickups Fall Short When It Comes to Rear-Seat Safety
Most small pickups fall short when it comes to protecting passengers seated in the rear, the latest crash test ratings from the Insurance Institute for Highway Safety show.
SVB Depositors Who Lost Their Money Win Court Victory
Silicon Valley Bank customers who saw their Cayman Islands deposits wiped down to zero have won a court ruling that could help them get their money back.
PG&E Seeks Roughly $7 Billion Federal Loan to Reduce California Wildfire Risk
PG&E has applied for a roughly $7 billion federal loan to fund its ambitious plans to reduce California wildfire risk by burying power lines and upgrading the electric grid, company executives said.
More Buyers Look to Captives Amid Challenging Property Market
At midyear 2023, the insurance market is essentially split into two different markets, with many property insurance buyers facing the most challenging market in 20 years, while the casualty and liability insurance market was less challenging, according to Arthur J. Gallagher & Co.