Casualty
Casualty
News, insights and thought leadership for re/insurance professionals with an interest in casualty.

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

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

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