Firefighters in Spain and France are racing to contain wildfires threatening Madrid and Bordeaux, as Europe’s fourth heat wave of the summer hinders efforts to bring the blazes under control....
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It’s no surprise given the penetration of artificial intelligence into lives and businesses that it appears insurers are gearing up to exclude AI risk in some of their commercial liability...
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Looking at non-catastrophe claims that closed with a payment last year, the median paid loss hovered around $9,000 regardless of when the house was built.
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