London wholesaler Miller has raided Ardonagh Specialty’s Price Forbes for a nine-person casualty unit led...
The Plaintiff Bar Is Winning in AI
If you believe social inflation, nuclear verdicts and legal system abuse present existential risk, just wait until AI takes hold....
If you believe social inflation, nuclear verdicts and legal system abuse present existential risk, just wait until AI takes hold....
Article / 1 month ago
Facebook Faces $3.7B UK Mass Action Over Market Dominance
Facebook must face a collective lawsuit valued at around 3 billion pounds ($3.77 billion) over allegations the social media giant abused its dominant position to monetise users' personal data, a...
Facebook must face a collective lawsuit valued at around 3 billion pounds ($3.77 billion) over allegations the social media giant abused its dominant position to monetise users' personal data, a...
Article / 2 months ago
USA - Hinshaw & Culbertson, LLP
Insurers continue to confront social inflation, economic inflation, ESG/sustainability, and artificial intelligence as well as the systemic challenges associated with artificial intelligence...
Insurers continue to confront social inflation, economic inflation, ESG/sustainability, and artificial intelligence as well as the systemic challenges associated with artificial intelligence...
Article / 3 months ago
What 6 key challenges will insurers face in 2024?
Climate change, Artificial Intelligence and ESG top this year's predictions in latest edition of Annual insurance review from international law firm RPC...
Climate change, Artificial Intelligence and ESG top this year's predictions in latest edition of Annual insurance review from international law firm RPC...
PR / 3 months ago
Insurers brace for claims from generative AI surge
Generative AI has already triggered several events that could point to increased claims for insurers
Generative AI has already triggered several events that could point to increased claims for insurers
Article / 4 months ago
Sony faces £6.3 Billion lawsuit over PlayStation Store charges - The Hindu
Sony is facing a staggering £6.3 billion ($7.9 billion) mass lawsuit over allegations that the tech giant behind PlayStation exploited its dominant market position, resulting in unjust pricing for customers as reported by Reuters.
Sony is facing a staggering £6.3 billion ($7.9 billion) mass lawsuit over allegations that the tech giant behind PlayStation exploited its dominant market position, resulting in unjust pricing for customers as reported by Reuters.
thehindu.com /
Article / 5 months ago
Beazley planning to determine risk appetite for AI - Business Insurance
Beazley PLC is reviewing its portfolio to determine its appetite for writing risks related to artificial intelligence and its potential exposure, Bob Quane, the specialty insurer’s chief underwriting officer, said Thursday.
Beazley PLC is reviewing its portfolio to determine its appetite for writing risks related to artificial intelligence and its potential exposure, Bob Quane, the specialty insurer’s chief underwriting officer, said Thursday.
Article / 6 months ago
Is Your AI Model Going Off the Rails? There May Be an Insurance Policy for That - WSJ
The many ways a generative artificial intelligence project can go off the rails poses an opportunity for insurance companies, even as those grim scenarios keep business technology executives up at night...
The many ways a generative artificial intelligence project can go off the rails poses an opportunity for insurance companies, even as those grim scenarios keep business technology executives up at night...
wsj.com /
Article / 7 months ago
A narrow escape – software services provider entitled to rely on single aggregate liability cap (Drax v Wipro)
When it comes to bespoke software development projects, a lot can go wrong. There's risk for the customer such as project...
When it comes to bespoke software development projects, a lot can go wrong. There's risk for the customer such as project...
Article / 9 months ago
Aon launches mid-market panel for up to $50mn in umbrella limits for tech clients
Aon's US middle market practice group has launched a new multi-carrier-backed panel designed for US technology clients that offers “broad, pre-negotiated...
Aon's US middle market practice group has launched a new multi-carrier-backed panel designed for US technology clients that offers “broad, pre-negotiated...
Article / 10 months ago