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Auto-insurer Geico reported a full-year underwriting loss of almost $1.9 billion as inflation ate into margins alongside elevated claim frequency and severity.

Amazon Web Services will make Hugging Face's products, which include a language generation tool, available to cloud customers who want to use these tools as the building blocks of their own applications.

The government set forth five principles companies should follow when they use artificial intelligence. Chintan Mehta, CIO of strategy, digital and innovation at Wells Fargo, shares how one of the largest banks does it.

The notice contains interim guidance for insurance companies ahead of proposed regulations on the 15% minimum tax under the Inflation Reduction Act.

The union asked the labor board to seek a federal court injunction "to prevent irreparable destruction of employee rights resulting from Tesla's unlawful conduct."

After months of speculation, Truist Financial has agreed to sell 20% of its insurance brokerage subsidiary to the private-equity firm Stone Point Capital for $1.95 billion. The deal was touted as a way to provide capital for expansion and increase earnings over time.

The employees, who label data for Tesla's Autopilot technology at the company's plant in Buffalo, New York, sent an email to Musk early Tuesday with their intent to unionize.

Water leak and freeze sensors designed by the insurer's IoT subsidiary, Meshify, will connect through the shared network.

The difficult showing comes even as the company continues to enact a multiyear strategy meant to streamline the business and increase growth.

Wells Fargo will pay $300 million to settle a lawsuit claiming it improperly charged customers for unneeded auto-collision protection insurance — and hid the practice from investors.

Corporate insurance coverage for legal liabilities may change in wake of Meta, Google cases

The product also has sensors to detect motion within the vehicle and external disturbances, such as when the car is hit or broken into.

Evan and his older brother Jeffrey are scions of the AIG insurance fortune: Their father, Maurice "Hank" Greenberg, built American International Group into a global colossus.

The largest U.S. bank's new digital money coach, embedded in its Chase app, has a referral feature designed to capture more business for wealth managers and contribute to attracting talent.

The National Flood Insurance Program is a primary source of flood insurance but Risk Rating 2.0, could change that.

Regions and PNC are two banks that have expanded the use of their mobile branches in recent years.

A blueprint for a shared ledger for digital money would include central bank digital currencies, bank deposits and e-money from companies like PayPal — but not unsupervised cryptocurrencies.

As the use of AR and VR technologies continues to accelerate, insurance businesses may be able to perform more critical operations in the metaverse.

Until now, some paying customers have been blocked from accessing the feature known as FSD because they didn't score high enough on metrics Tesla uses to set insurance rates.

The conglomerate held more than 433,000 shares of Jefferies, the New York-based investment bank, as of Sept. 30, according to a quarterly filing Monday.