California was already contending with a home insurance crisis due to unpredictable weather events. Then came this week’s fires.
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So far this year, hurricanes, thunderstorms, and floods have cost the insurance industry a collective $135 billion in losses.
A single point of software failure can turn entire industries into teetering Jenga towers. Next time could be a lot worse.
When it hits Florida, Hurricane Milton is expected to cause anywhere between $60 billion and $100 billion in insured losses.
The insurance industry needs to be careful when using AI, or else AI black boxes could render consumers uninsurable without any explanation.
American Transit Insurance Company (ATIC) insures over 60% of 117,000 taxis and for-hire vehicles. And it’s insolvent.
US antitrust enforcement against Big Tech kicked up a gear in 2024 when the DOJ won its case against Google. Does Big Tech need to worry?
This year Big Tech got into the energy game in a big way, and if it wants to chase AI it’ll need even more energy in years to come.
Across-the-board inflation — including food costs, labor costs, and real estate costs — is pummeling restaurants. Can the industry survive?