INSURICA Risk Insights

Artificial intelligence (AI) technology has surged in popularity and usage among businesses and individuals. Many users have found ways to streamline commercial operations and personal hobbies using these programs; however, criminals have also developed means of weaponizing this technology, including by impersonating voices.

On July 17, 2023, OSHA announced a final rule that will require certain employers in designated high-hazard industries to electronically submit additional injury and illness information than what is currently required but employers are already required to keep. The final rule will become effective on Jan. 1, 2024.

The Stowers Doctrine holds that a liability insurer that undertakes the defense of an insured has a duty to act in good faith in settling a liability claim. It is named for a seminal Texas case, G. A. Stowers Furniture Co. v. American Indem. Co., 15 S.W.2d 544 (Tex. Comm’n App. 1929).

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Businesses | Employee Benefits | Personal Insurance

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