Microsoft Sued by Authors Over Use of Books in AI Training

Microsoft has been hit with a lawsuit by a group of authors who claim the company used their books without permission to train its Megatron artificial intelligence model. Kai Bird, Jia Tolentino, Daniel Okrent and several others alleged that Microsoft Read more…


Cargo Theft Up 27% in 2024 With Continued Rise Expected: NICB

Tariffs, enhanced technology to defeat law enforcement along with profitability of criminal enterprises, and geopolitical circumstances have led to an increased threat to the global supply chain, according to the National Insurance Crime Bureau (NICB). Within the past 18 months, Read more…


How to make prediction markets more useful

Polymarket and Kalshi are soaring in popularity. With a few tweaks, they could really take off


People Moves: Holmes Murphy Announces New Shareholders

Holmes Murphy, headquartered in Waukee, Iowa, named 23 new employees who made their first stock purchase after completing the company’s premier leadership program, Holmes Murphy University. Shareholders help determine the direction of major company initiatives, grow employees and the company, Read more…


Ryan Transactional Risk Launches Environmental Practice Product

Ryan Transactional Risk announced the launch of a new product that will specialize in insuring the risk of cost overruns for environmental remediations and clean-ups. Ryan Transactional Risk Enviro is providing Environmental Remediation Cost Overrun insurance for corporate transactions and Read more…


First Financial to Acquire Westfield Bancorp From Ohio Farmers

First Financial announced that it has entered into a definitive agreement to acquire Westfield Bancorp, in a cash and stock transaction, from Ohio Farmers Insurance Company. Ohio Farmers is the parent company of the global property and casualty insurance group Read more…


Markets/Coverages: Brit Launches Digital Flood Product for US Market

Brit Group Holdings Limited announced the launch of Brit Flood, a new digital underwriting platform for brokers to help address the protection gap which exists in the US flood market. “With floods occurring more frequently, the role of private insurance Read more…


NHTSA Contacts Tesla on Robotaxi Issues Seen in Online Videos

The National Highway Traffic Safety Administration is seeking information from Tesla after reviewing online videos of a robotaxi allegedly using the wrong lane and of speeding by another driverless vehicle. The U.S. auto safety agency said it is “aware of Read more…


College Team Physicians Wary of Greater Liability Risk With Athletes Making Money

The professionalization of college sports has prompted concern among team physicians that they will be exposed to a greater risk of being sued by athletes who claim a poor outcome from treatment caused them to lose future earnings. Before July Read more…


AXA Launches Unified Ceded Re Team for Greater Operational Alignment

AXA announced an organizational restructuring that integrates the AXA Group and AXA XL Ceded Reinsurance teams to create a unified Ceded Re team, effective July 1, 2025. The unified Ceded Re team will operate under the leadership of Guy Van Read more…