regulations News

Biden Signs Sweeping Executive Order Regulating Artificial Intelligence

President Joe Biden is directing the US government to take a sweeping approach to artificial intelligence regulation, his most significant action yet to rein in an emerging technology that has sparked both concern and acclaim. The lengthy executive order, released …

Europe Mulls New Tougher Rules for Artificial Intelligence

The European Union is considering new legally binding requirements for developers of artificial intelligence in an effort to ensure modern technology is developed and used in an ethical way. The EU’s executive arm is set to propose the new rules …

How Drones Are Accelerating Digital Transformation in the Insurance Industry

Somewhere in central Michigan, a pickup truck drives into a sleepy suburban neighborhood. An autonomous drone takes flight off the truck’s flatbed and, nearly silently, heads a half-mile east, slowing above a mid-20th century craftsman home that has clearly suffered …

Southern Illinois Village at Risk if no FEMA Levee Approval

PRAIRIE DU ROCHER, Ill. — The fate of a Mississippi River levee that’s awaiting a decision on federal accreditation could put a southern Illinois village at risk of destructive flooding, the village president says. If the levee in Prairie du …

Lessons from Fintech Applied to Insurtech

I’ve seen this story before. Having worked in fintech since 2005, I witnessed the fintech wave forming, cresting, and eventually crashing into the financial ecosystem. If there is a fraternal twin to banking, it’s the insurance industry. Both industries are …

Fatal Lion Attack Nets 3 ‘Serious’ Violations for Center

RALEIGH, N.C. — North Carolina labor officials have cited an animal sanctuary for safety violations after a lion fatally mauled a 22-year old intern last December. The state Occupational Safety and Health Division issued a citation Thursday for three “serious” …

New Tool for Comparing Workers’ Comp Laws Across U.S. and Canada

A tool for researching and understanding the distinctions among workers’ compensation laws in all U.S. states and certain Canadian provinces is now available from the International Association of Accident Boards and Commissions (IAIABC) and the Workers Compensation Research Institute (WCRI). …

President Signs Pipeline Safety, Airport Security Laws

President Barack Obama has signed legislation to toughen oil and gas pipeline regulations and another to ease airport security procedures for members of the military on official travel. The president signed the legislation Tuesday as part of a post-holiday, back-to-business …

Senator Blocks Pipeline Safety Bill on Principle

A single senator is using his power to block legislation that would toughen safety regulations for pipelines even though the pipeline industry, safety advocates and even companies in his state support the measure. Republican Sen. Rand Paul of Kentucky hasn’t …

FAA to Increase Checks of Glider Flights in Hawaii

The Federal Aviation Administration is stepping up enforcement of flight regulations of powered hang gliders in Hawaii. A stricter surveillance plan was announced Friday by officials in the wake of several recent crashes. Nick Reyes, FAA western-Pacific flight standards manager, …