At the Most Powerful Women in Banking conference this week, New York's top banking regulator said banks need to take full responsibility for the artificial intelligence models they use, even if they bought them from a third party.

The Federal Deposit Insurance Corp. projected its Deposit Insurance Fund reserve ratio is expected to reach the statutory minimum of 1.35% by 2026 thanks to slower-than-expected insured deposit growth and a $7.5 billion increase in the DIF balance.

Young British drivers who have just passed their test should be banned from carrying passengers of a similar age and should display special plates, according to the chief executive officer of the AA car breakdown service.

The state has consistently ranked in the top two of the Insurance Institute for Business & Home Safety ratings for the past 12 years. Some of its building code rules are even stricter than internationally accepted standards.

The state's governor and a challenger running for insurance commissioner are calling for a new look at building codes that were weakened by the state's legislature in the past couple years.

Public policy and tax experts from the consultancy said local ties may help insurers' standing with Congress, and Republicans' push for tax cuts could negate party members' negative views of big business.

By using technological strategies insurers can stay ahead of regulatory changes.

Federal Reserve Gov. Lisa Cook called for weighing the costs and benefits of artificial intelligence, and flagged bias and fraud as areas of concern.

The program lapsing would've precluded mortgage applicants from closing on home loans without the required coverage in federally designated flood zones.

A member of a homeowners association explained the higher cost, lower coverage plan it now has, and supported Consumer Watchdog's advocacy.