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US jury finds Meta and Google liable for damages in social media addiction trial, to pay $3 million

US jury finds Meta and Google liable for damages in social media addiction trial, to pay $3 million

by AIP Online Bureau | Mar 25, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

The case involves a 20-year-old woman who said she became addicted to Google’s YouTube and Meta’s ⁠Instagram at a young age because of their attention-grabbing design. The jury found Google and Meta were negligent in the design ​of both apps and failed to...
Chinese Insurer Ping An’s offshore unit reconsiders US exposure

Chinese Insurer Ping An’s offshore unit reconsiders US exposure

by AIP Online Bureau | Mar 23, 2026 | Eco/Invest/Demography, International News, Life, Non-Life

Ping An Overseas Holdings is building a portfolio of around $60 billion overseas, with some of that going to investment assets in the US, Tung said. “Now, we think about whether we should trim down a bit, even though the overall portfolio is still very small anyway.”...
Musk found liable to Twitter shareholders in fraud lawsuit over $44 billion takeover

Musk found liable to Twitter shareholders in fraud lawsuit over $44 billion takeover

by AIP Online Bureau | Mar 22, 2026 | Eco/Invest/Demography, International News, Technology

The verdict from a jury in San Francisco federal court came in a closely watched civil trial where Musk, the world’s richest person, was accused of falsely claiming on ​social media that Twitter underreported how many fake and spam accounts, known as bots, were...
US allies see no way of opening Hormuz Strait during war

US allies see no way of opening Hormuz Strait during war

by AIP Online Bureau | Mar 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

European capitals are preparing to combine military and insurance options for a post-conflict transition period.The UK has been in talks with Lloyds of London — the world’s largest insurance market — about insurance products and prices for when that happens, according...

US sending Marines and amphibious assault ship to Middle East, officials say

by AIP Online Bureau | Mar 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Even if the conflict does stop soon, there will be no rapid recovery from the upheaval caused by airstrikes and Iran’s virtual closure of the Strait of Hormuz, the conduit for 20% of the world’s oil and liquefied natural gas The U.S. military is deploying a large...
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