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Tutoring Firm Settles EEOC’s First Bias Lawsuit Involving AI Software
Aug 11 2023 // A China-based tutoring company has agreed to settle a U.S. government agency’s novel lawsuit claiming it used hiring software powered by artificial intelligence to illegally weed out older job applicants. The 2022...
Takeaways from Our Conversation on Insurtechs in Cannabis
Aug 11 2023 // Powered by InsuranceJournal.tv You don’t hear a lot about insurtechs and cannabis, but one firm aims to change that paradigm. SquareRisk principals say they aim to transform the wholesale distribution model for...
Connecticut, Other States’ Lawmakers Have a Lot of Questions About AI
Aug 9 2023 // As state lawmakers rush to get a handle on fast-evolving artificial intelligence technology, they`re often focusing first on their own state governments before imposing restrictions on the private sector. Legislators are...
Investors Double-Down on Cyber Insurtech Resilience With $100M Series D Round
Aug 7 2023 // Investors in cyber risk solution company Resilience have contributed again – $100 million in a series D equity financing round – a testament to the company’s business model and results, its leaders said. With...
Fintech Vesttoo to Slash Jobs After Fake Collateral Scandal
Aug 2 2023 // Financial services company Vesttoo said on Tuesday it was laying off about 75% of its staff and closing some offices in Asia, as it tries to recover from a scandal over a fraudulent letter of credit used as collateral in a...
Viewpoint: Innovation Trends Through the Lens of Qorus-Accenture Innovation Awards
Aug 1 2023 // The winners of the Qorus-Accenture Innovation in Insurance Awards were announced recently at a live ceremony in Milan, bringing together the industry’s trendsetters and pioneers. Now in its eighth year, this program...
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