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Fed’s Bowman Touts AI Benefits, Risks for Bank Cybersecurity
Federal Reserve Vice Chair for Supervision Michelle Bowman warned banks on Sept. 29 to buffer their systems against artificial intelligence threats while emphasizing the technology can benefit lenders. “AI offers great potential — both to threat actors and those buttressing …
POSTED SEPTEMBER 30, 2026 5:17 AM |
Appeals Court Upholds Thomson Reuters’ Landmark Win in AI Training Lawsuit
A US appeals court on Tuesday upheld a ruling for information services company Thomson Reuters in its copyright dispute with former legal-research rival Ross Intelligence over Ross’ alleged misuse of copyrighted material to train an AI-powered legal search engine. The …
POSTED SEPTEMBER 30, 2026 5:12 AM |
Florida Agents Appointed With Citizens Drops as Carrier Competition Grows
In another indicator of Florida moving back to a mostly market-based property insurance system, the number of insurance agents and agencies appointed with Citizens Property Insurance has dropped in the last year. “It’s a sign of the healthy marketplace: The …
POSTED SEPTEMBER 30, 2026 5:02 AM |
NY Governor Urges Review of Cornell Response to Assault Case
New York Governor Kathy Hochul called for an independent review of Cornell University’s handling of a 2024 incident at a fraternity that resulted in new allegations of rape and sexual assault this month. Hochul weighed in Tuesday on a case …
POSTED SEPTEMBER 30, 2026 5:00 AM |
Viewpiont: Idaho Supreme Court Finds Minimum Limit UIM Coverage Illusory
I had a conversation the other day that brought an Idaho Supreme Court decision from 2022 to my attention. If you’re interested, it’s Pena v. Viking Insurance Company of Wisconsin. This is a case about an injury sustained in an …
POSTED SEPTEMBER 30, 2026 5:00 AM |
Six Flags Closes California Roller Coaster Targeted by Lawsuits
Six Flags Entertainment Corp. is permanently retiring the X2 roller coaster, which has been the subject of lawsuits alleging that the ride caused brain injuries. “While X2 consistently passed a multitude of safety tests, we have decided to close the …
POSTED SEPTEMBER 30, 2026 5:00 AM |
Missouri Man Pleads Guilty to Destroying Property at Tesla Dealership
A Barnhart, Missouri man pleaded guilty to destroying property at a Telsa dealership in Kansas City, Missouri and to unlawfully possessing an unregistered destructive device. Kevin Harkins, 28, entered a guilty plea today in federal court to one count of …
POSTED SEPTEMBER 29, 2026 4:53 PM |
Oklahoma Court Finds Energy Company Liable for Excessing Prices During Winter Storm
Oklahoma Attorney General Gentner Drummon announced that the state’s lawsuit against NextEra Energy Marketing for allegedly violating Oklahoma law by charging excessive prices for natural gas during Winter Storm Uri will proceed to trial. An Osage County court granted Drummond’s …
POSTED SEPTEMBER 29, 2026 4:34 PM |
A-Cap Insurers Agree to Mediation in Rehab Dispute with SCDOI Director
Advantage Capital Holdings, parent of Atlantic Coast Life Insurance and Southern Atlantic Re, has dropped its lawsuit against the South Carolina insurance department director and has agreed to mediation instead. “The department welcomes the insurers’ decision to put this distraction …
POSTED SEPTEMBER 29, 2026 2:57 PM |
ANV Completes Acquisition of UK Motor Warranty MGA, Car Care Plan
ANV Group Holdings Ltd., the insurance intermediary platform, announced it has completed the acquisition of Car Care Plan (CCP) from AmTrust Financial Services Inc. CCP is the number one provider of motor warranty in the United Kingdom and a market-leading …
POSTED SEPTEMBER 29, 2026 2:44 PM |
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