Search results for Verisk
Industry
AI data centre equipment targeted in U.S. thefts exceeding $100 million
Cargo thefts targeting high-priced equipment used to build AI data centres are rising in the United States, with verified losses since June exceeding $100 million. Media reports describe trailers carrying data centre gear disappearing during transport after escort vehicles were stopped in crashes. Criminals are also using phishing and impersonation to obtain shipping schedules and take control of shipments. Verisk CargoNet says overall cargo theft cases fell in North America, but estimated losses more than doubled.
AI & Enterprise
No insurance fits AI firms as mega-lawsuit risk grows
As the AI industry expands rapidly, insurers are struggling to offer products that cover legal liabilities from AI safety incidents, according to reports cited in the article. Lawsuits over chatbot harms and copyright in model training are rising, and incidents involving out-of-control AI agents add to litigation risks. Some specialised coverage exists but with limited caps, while optional AI exclusions are spreading in policies. Brokers warn exclusions increase uncertainty and disputes.
Industry
Automakers make money selling vehicle data as U.S. car privacy row spreads
A growing privacy debate in the United States is focusing on who should control location and driving-habit data collected by cars, after it emerged that such data was used in setting insurance rates. The U.S. Federal Trade Commission in January issued a final order barring General Motors and OnStar for five years from providing consumer location and driving-behavior data to consumer reporting agencies. Scrutiny is also widening to other automakers as lawmakers weigh new measures.
