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Canada Seeking 16-Year USMCA Renewal, Sector Tariff Discussions in Trade Talks
Canada sent a letter to the United States and Mexico on Tuesday outlining its recommendations to renew a trilateral trade agreement for 16 years while seeking parallel talks on sectoral tariffs ahead of a meeting between Canadian and U.S. trade … Source: Claims Journal
Read MoreReport: Extreme Weather to Drive $20 Trillion in Spending
Extreme weather will likely spur more than $20 trillion in global spending over the next decade, boosting sales and earnings for reinsurers and companies involved in energy efficiency and climate security, according to analysts at Bloomberg Intelligence. Returns for a … Source: Claims Journal
Read MoreTrump Administration to Ask AI Firms to Voluntarily Submit Models for Cybersecurity Tests
The Trump administration will ask leading AI developers to voluntarily submit their most capable models for government cybersecurity tests before releasing them to the public, according to an executive order released on Tuesday, as security fears mount in Washington over … Source: Claims Journal
Read MoreThe Iran War Is Pushing the Global Gas Trade into the Shadows
A day before crossing the Strait of Hormuz, an Indonesian seafarer aboard the Al Rayyan tanker published a picture of a rainbow cutting across the bow. “When the dream ship becomes reality,” he wrote on social media, thanking God for … Source: Claims Journal
Read MoreAmazon’s Ring Sued Over Facial Recognition Feature in Latest Privacy Concern for Doorbell Maker
Amazon was sued on Monday by a Virginia resident over what he said were privacy violations after the company’s Ring doorbell cameras at friends and family members’ homes collected and stored images of his face using facial recognition software. The … Source: Claims Journal
Read MoreThe Field Inspection Gap: A Growing Structural Risk in Claims Handling
In property/casualty claims, the initial inspection does more than document damage. It establishes the foundation for how the claim will be evaluated, reserved and ultimately resolved. When that inspection is incomplete, rushed, or performed without sufficient expertise, the effects rarely … Source: Claims Journal
Read MoreHanwha Aerospace Explosion Kills Five Workers, Lee Orders Probe
An explosion at Hanwha Aerospace Co.’s manufacturing facility in South Korea on Monday killed five employees, prompting President Lee Jae Myung to order a full investigation. Hanwha Group said it had set up an emergency response headquarters and was working … Source: Claims Journal
Read MoreStarbucks to Take AI Usage into Account in Tech Workers’ Bonuses
Starbucks Corp. is tying most tech workers’ bonuses to how much they’re using artificial intelligence as the coffee chain seeks to improve efficiency. A quarter of bonuses paid to tech employees will be pegged to department-wide goals that include AI … Source: Claims Journal
Read MoreFlorida Sues OpenAI, Sam Altman Over Chatbot Safety Concerns
The state of Florida sued OpenAI and Chief Executive Officer Sam Altman, accusing the artificial intelligence company of ignoring safety warnings and releasing its ChatGPT product while knowing it was harmful to users. The lawsuit, filed Monday in state court, … Source: Claims Journal
Read MoreSeagate Reaches $175M Settlement of Shareholder Claims It Concealed Sales to Huawei
Seagate Technology reached a $175 million settlement of a lawsuit claiming it defrauded shareholders by concealing it violated U.S. export control laws by selling more than $1.1 billion of hard disk drives to China’s Huawei Technologies. A preliminary settlement of … Source: Claims Journal
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