Erie Indemnity publishes first-quarter results

Most frequently cited vectors of attack identified Source link

“We had greenwashing a couple of years ago, where companies claimed to be more sustainable or environmentally conscious than they really were,” Shah said. “Now, we’re seeing AI-washing – companies talking about their use of AI or their research into it in a way that doesn’t necessarily reflect reality.” Source link

The sandbox’s entry requirements remain stringent. Applicants must submit a detailed technical and business plan, a $750 filing fee, demonstrate at least $25,000 in available funds, and provide extensive disclosures on financial backing and executive leadership. Crucially, innovations must offer consumer protections and pose “no unreasonable risk of consumer harm.” Source link

The fund operated effectively throughout the 1990s, insuring approximately 155,000 policyholders statewide by 1999. However, as private insurers gradually returned to the market, the HHRF ceased issuing new policies in December 2000 and became dormant by 2002. Despite its inactivity, the fund maintained a reserve balance to ensure readiness in the event of future market…

Insurance revenue reached €2.6 billion, up from €2.3 billion in the same period last year. Operating profit (EBIT) rose to €195 million, compared to €140 million in the first quarter of 2024. Net income grew to €141 million, from €104 million a year earlier. Source link

“This ruling upholds North Dakota’s right to protect and preserve its laws, regardless of who is violating them,” Godfread said in a statement. “My priority is to protect North Dakota consumers, and when a company is attempting to subvert our laws and undercut the state-based system of insurance regulation that has existed for the past…