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Washington Commissioner Convenes Advisory Board to Eye Insurer AI Use
Washington Insurance Commissioner Patty Kuderer convened her first Artificial Intelligence Advisory Board meeting in Seattle this week to look at the insurance industry’s use of AI and to get recommendations on policy development, regulatory oversight and consumer education efforts. The …
POSTED JULY 02, 2025 8:51 PM |
US Probes Ex-Ransom Negotiator Accused of Scheming With Hackers
Law enforcement officials are investigating a former employee of a company that negotiates with hackers and facilitates cryptocurrency payments during ransomware attacks, according to a statement from the firm, DigitalMint. DigitalMint President Marc Jason Grens this week told organizations it …
POSTED JULY 02, 2025 7:00 PM |
Texas Braces for Budget Constraints as Federal Funding Dries Up
The era of massive state budget surpluses in Texas could be coming to an end. As the last of the federal government’s COVID-19 emergency funds are spent and sales tax revenues return to historic averages after a large spike, budget …
POSTED JULY 02, 2025 4:28 PM |
Legacy Specialist Enstar Goes Private on Completed Acquisition by PE Firm Sixth Street
Sixth Street, the San Francisco-based private equity firm, has completed its $5.1 billion acquisition of Bermuda legacy specialist Enstar Group. Enstar’s ordinary shares will no longer be listed publicly, and Enstar will continue operations as a privately held, standalone company, …
POSTED JULY 02, 2025 3:49 PM |
Trump Hotel Pays $4.8 Million to Resolve Complaint Over Killing Fish in Chicago
Trump International Hotel & Tower Chicago will pay $4.8 million to resolve a complaint that it was killing fish in the Chicago River. A system used to cool the building by drawing in river water was sucking in thousands of …
POSTED JULY 02, 2025 3:45 PM |
NOAA Delays Cutoff of Key Satellite Data for Hurricane Forecasting
The National Oceanic and Atmospheric Administration said Monday it is delaying by one month the planned cutoff of satellite data that helps forecasters track hurricanes. Meteorologists and scientists warned of severe consequences last week when NOAA said, in the midst …
POSTED JULY 02, 2025 2:53 PM |
Expansion of Washington Workers Equal Pay Law Starts Today
A new law in that expands Washington workplace protections involving equal pay and promotion discrimination takes effect today. The law legislation passed in 2024 expands the Equal Pay and Opportunities Act from gender discrimination to also include: Sex, marital status, …
POSTED JULY 02, 2025 1:47 PM |
Marsh McLennan Buys Excel Agency in South Florida
Marsh McLennan Agency, part of the global Marsh insurance brokerage and services companies, has acquired Excel Insurance, an insurance agency in Medley, Florida. Excel was founded in 2020 and provides property/casualty solutions, including auto, watercraft, commercial coverage, homeowners and workers’ …
POSTED JULY 02, 2025 1:43 PM |
NYC Commutes Resume After Midtown Bus Terminal Crash Chaos
Bus service into New York City from New Jersey has resumed after commuters faced delays and diversions on Wednesday morning due to a multi-bus accident at the Port Authority terminal in midtown, according to transit authorities. The express bus lane …
POSTED JULY 02, 2025 1:26 PM |
Explosion at California Fireworks Warehouse Sets Off Fires, Forces Evacuations
An explosion at a fireworks warehouse in northern California caused several fires, sending black smoke into the air and forcing evacuations, authorities said. There were no immediate reports of injuries. People were urged to avoid the area of Esparto and …
POSTED JULY 02, 2025 1:20 PM |
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