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FTC opens investigation into OpenAI over misleading statements

by AIP Online Bureau | Jul 13, 2023 | Eco/Invest/Demography, Regulation, Technology

The FTC this week sent a 20-page demand for records about how OpenAI addresses risks related to its AI models. The agency is investigating whether the company engaged in unfair or deceptive practices that resulted in “reputational harm” to consumers The...
IRDAI announces 3 winners for its first hackathon – “Bima Manthan 2022”

IRDAI announces 3 winners for its first hackathon – “Bima Manthan 2022”

by AIP Online Bureau | Jul 13, 2023 | Indian News, Life, Non-Life, Regulation, Technology

The winners are- AiBorne Tech, which has won the contest for its ` Motor Fraud Prevention/Mitigation’ project, Policybazaar Insurance Brokers Private Limited has become the 1st runner in the contest for its project `Last mile insurance coverage’ while Vlinder is the...
Govt seeks Cabinet nod to table `Insurance Act 2023′ in Parliament, `Insurance Act, 1938’ to be repealed

Govt seeks Cabinet nod to table `Insurance Act 2023′ in Parliament, `Insurance Act, 1938’ to be repealed

by AIP Online Bureau | Jul 13, 2023 | Indian News, Life, Non-Life, Policy

From the legislative point of of view, enacting `Insurance Act 2023’ by repealing `Insurance Act 1938′ will be a simple exercise as its doesn’t involve any major changes Earlier, the government dropped all its plans to bring in much talked about major...

Property insurers’ ratings under pressure as risk rises: Morningstar

by AIP Online Bureau | Jul 13, 2023 | International News, Non-Life, Reinsurance

Insurers can opt to pay more for the same reinsurance package, or cut costs by restricting new business, withdrawing from certain regions or business lines or adjusting their strategy, such as by cutting costs on more frequent but less severe perils, Morningstar said....

Climate change has shifted colour of over half of world’s oceans: Study

by AIP Online Bureau | Jul 13, 2023 | Climate, Environment, Renewable Energy, Facts

These colour changes, subtle to the human eye, cannot be explained by natural, year-to-year variability alone, the researchers from the Massachusetts Institute of Technology (MIT), US, and other institutes write in their paper published in the journal Nature New...
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