11 03, 2024

Yemen’s Rebels Target Singapore-Flagged Ship in Gulf of Aden

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An attack by Yemen’s Houthi rebels set off explosions ahead of a Singapore-flagged vessel in the Gulf of Aden, authorities said, the latest in a campaign of assaults by the Iranian-backed group over Israel’s war on Hamas in the Gaza …

11 03, 2024

New York Inspector General Reports on 2 Workers’ Compensation Fraud Cases

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New York State Inspector General Lucy announced a sentencing and a guilty plea in two separate workers’ compensation fraud cases. Lang announced the sentencing of Brian Simpson, 55, of Monroe County, who defrauded the workers’ compensation system of more than …

11 03, 2024

Italy’s Data Watchdog Probes Open AI Tool That Turns Text Into Video

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Italy’s data protection agency said on Friday it had opened an investigation into a service developed by Microsoft-backed Open AI that can generate videos based on text prompts. The regulator, known as Garante, asked Open AI to clarify whether the …

11 03, 2024

Industry Trades Applaud New FIO-NAIC Partnership on Data Collection

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The U.S. Treasury late last week backed off a 2022 plan to have the Federal Insurance Office (FIO) collect data on climate-related risks from property/casualty insurers—an outcome that had been sought by the insurance industry since the proposal was published …

18 03, 2024

Six Defendants to Stand Trial for Michigan Auto Insurance Fraud Scheme

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Six defendants will stand trial on charges alleging the group operated an auto insurance fraud scheme targeting Michigan residents involved in automobile collisions, Michigan Attorney General Dana Nessel and Anita Fox, Director of the Michigan Department of Insurance and Financial …

11 03, 2024

Towers Watson Again Denied Coverage for $90M Settlements Over 2016 Willis Merger

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Towers Watson has been hit with another roadblock on its long and winding road to reach coverage for $90 million in settlements of two lawsuits related to its merger with broker Willis in 2016. A Virginia federal district judge in …

11 03, 2024

Trial of Armorer in New Mexico Movie Set Shooting Gives Baldwin’s Team Window into How His Trial Could Unfold

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The trial and conviction of a movie armorer in connection with a fatal shooting on the set of the Western movie “Rust” has given Alec Baldwin and his legal team a unusual window into how his own trial in the …

11 03, 2024

New York Police Target Critics, Including Judges and Journalists, Using Social Media

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The first “NYPD: Most Wanted” video was meant to be intimidating. Over a pounding soundtrack, the montage cuts among stock images and body-camera footage of actual police raids. A fake gun discharges. Real officers break down a door, barking orders …

11 03, 2024

FEMA Adds $575M Reinsurance Coverage for NFIP

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The Federal Emergency Management Agency (FEMA) late last week said that for the seventh time it went to the insurance-linked securities reinsurance markets to secure $575 million in coverage for the National Flood Insurance Program (NFIP). FEMA entered in a …

11 03, 2024

Lawsuit Accuses MIT of Allowing Antisemitism on Campus

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Two Jewish students filed a federal lawsuit Thursday against the Massachusetts Institute of Technology accusing the university of allowing antisemitism on campus that has resulted in them being intimidated, harassed and assaulted. The lawsuit mirrors similar legal actions filed since …