22 05, 2026

Waymo Suspends Service in Atlanta as Robotaxis Stumped by Floods

By | May 22nd, 2026|Uncategorized|Comments Off on Waymo Suspends Service in Atlanta as Robotaxis Stumped by Floods

Waymo has temporarily halted service in Atlanta over concerns that its robotaxis may attempt to drive on flooded roads, the latest setback over an issue that recently led the company to recall thousands of vehicles. It’s the second city where …

22 05, 2026

What to Know About Midair Collision Between Navy Jets At Idaho Air Show

By | May 22nd, 2026|Uncategorized|Comments Off on What to Know About Midair Collision Between Navy Jets At Idaho Air Show

After the two Navy jets collided in midair, the planes sandwiched together, all four crew members were able to eject and deploy their parachutes, floating down to safety as the aircraft careened into a field, exploding into a fireball. The …

22 05, 2026

Tackling The Growing Threat of Legal System Abuse

By | May 22nd, 2026|Uncategorized|Comments Off on Tackling The Growing Threat of Legal System Abuse

Severity, not frequency, is driving the rise in claims costs today. While the number of claims has generally declined, the average cost per claim has soared. From 1994 to 2008, claim frequency declined and lawsuits tracked that trend, falling from …

22 05, 2026

Shareholders Press Big Tech Over AI Energy Use and Climate Goals

By | May 22nd, 2026|Uncategorized|Comments Off on Shareholders Press Big Tech Over AI Energy Use and Climate Goals

Activist investors are pushing technology companies to explain how they’re reconciling surging electricity demand for AI with their climate commitments. Shareholders at Amazon.com Inc. voted on a proposal asking the firm to disclose more information. Voting is open for shareholders …

22 05, 2026

Meta Settles First Case Over School Costs Tied to Youth Mental Health: Court Filing

By | May 22nd, 2026|Uncategorized|Comments Off on Meta Settles First Case Over School Costs Tied to Youth Mental Health: Court Filing

Meta Platforms on May 21 settled the first case set for trial seeking to make social media companies cover the costs that school districts say they have incurred to combat a mental health crisis allegedly fueled by platforms. The agreement …

22 05, 2026

Goldman Sachs Paying $500M to Settle Shareholder Suit Over 1MDB Scandal

By | May 22nd, 2026|Uncategorized|Comments Off on Goldman Sachs Paying $500M to Settle Shareholder Suit Over 1MDB Scandal

Goldman Sachs has agreed to pay $500 million to settle a class action lawsuit accusing the Wall Street bank of defrauding shareholders about its work for 1MDB, a Malaysian sovereign wealth fund that became embroiled in a corruption scandal. The …

22 05, 2026

People Moves: Commissioner Kuderer to Chair NAIC’s Child Care Insurance Working Group

By | May 22nd, 2026|Uncategorized|Comments Off on People Moves: Commissioner Kuderer to Chair NAIC’s Child Care Insurance Working Group

Washington Insurance Commissioner Patty Kuderer has been selected to chair the National Association of Insurance Commissioners’ new Child Care Insurance Working Group. The new working group will explore possible solutions and make recommendations for state insurance regulators to use with …

22 05, 2026

Lake Tahoe Power Crunch Shows AI’s Growing Energy Toll in West

By | May 22nd, 2026|Uncategorized|Comments Off on Lake Tahoe Power Crunch Shows AI’s Growing Energy Toll in West

Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market, pushing up costs for residents in …

22 05, 2026

Reaction Muted After Former Staffer Details Texts from NC Insurance Commissioner

By | May 22nd, 2026|Uncategorized|Comments Off on Reaction Muted After Former Staffer Details Texts from NC Insurance Commissioner

Reaction to allegations that North Carolina Insurance Commissioner Mike Causey sent suggestive texts to a staff member over several years has been muted. Causey declined to comment to Insurance Journal a day after the Raleigh News & Observer reported that …

22 05, 2026

‘Decisive Sign of a Softened Market’: Premiums Decreases Across All Accounts, Says CIAB

By | May 22nd, 2026|Uncategorized|Comments Off on ‘Decisive Sign of a Softened Market’: Premiums Decreases Across All Accounts, Says CIAB

For the first time since the third quarter 2017, respondents to a recent quarterly survey said average premiums decreased across all account sizes. During the first three months of 2026, The Council of Insurance Agents & Brokers (CIAB)’s market survey …