Chinese fast-fashion giant Shein has agreed to pay $100 million to settle an investigation by the U.S. Federal Trade Commission over delivery delays and other customer complaints, a source with direct knowledge told Reuters on Friday. The settlement, equivalent to …
AI safety research group METR said on Thursday a pilot exercise to stress-test OpenAI’s internal monitoring system uncovered several new vulnerabilities, including an exploit that AI agents could have used to keep hundreds of their recent actions from being monitored. …
New claims handling rules in Washington require insurers to follow updated rules that establish deadlines for responding to policyholders, conducting investigations, issuing denials and making payments. The rules, which took effect Oct. 18, require insurers to notify policyholders within 30 …
According to recent report from AM Best, commercial auto liability insurance coverage has continued to bear the brunt of rising litigation costs, outpacing economic inflation. Social inflation has negatively affected commercial auto liability ultimate claim costs for several years, which …
Storm Austen knocked out electricity to almost 300,000 customers in western France on Friday as hurricane-force winds battered the region, disrupting roads, railways and other transport links. Brittany was hardest hit, with almost 150,000 customers without power, according to distributor …
Rimkus named Chris Rayasam CEO and president. Rayasam, who will also join the board of directors, will be in charge of Rimkus’ reinforcement of its global forensic engineering capabilities, which include vehicle accident reconstruction and digital forensics, and he will …
Rimkus named Chris Rayasam CEO and president. Rayasam, who will also join the board of directors, will be in charge of Rimkus’ reinforcement of its global forensic engineering capabilities, which include vehicle accident reconstruction and digital forensics, and he will …