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1 month ago | 
lexology.com | Geoffrey B. Fehling |Michael Levine |Alex Pappas
Artificial intelligence (AI) is en vogue. As it rapidly reshapes industries, companies are racing to integrate and market AI-driven solutions and products. But how much is too much? Some companies are finding out the hard way. The legal risks associated with AI, especially those facing corporate leadership, are growing as quickly as the technology itself.
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Dec 10, 2024 | 
law360.com | Michael Levine |Latosha M. Ellis |Alex Pappas
By Michael Levine, Latosha Ellis and Alex Pappas ( December 10, 2024, 3:12 PM EST) -- Artificial intelligence is transforming industries at an unprecedented pace, and the insurance industry is trying to keep up.... Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence.
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Dec 10, 2024 | 
law360.com | Michael Levine |Latosha M. Ellis |Alex Pappas
Best Practices For AI Disclosures In Insurance Applications By Michael Levine, Latosha Ellis and Alex Pappas · December 10, 2024, 3:12 PM EST Artificial intelligence is transforming industries at an unprecedented pace, and the insurance industry is trying to keep up.... To view the full article, register now.
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Dec 9, 2024 | 
dedola.com | Alex Pappas
As the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) prepare to resume contract negotiations in early 2025, the stakes are high. The recent tentative wage agreement was a step forward, but the primary sticking point remains the potential automation of U.S. port operations. This ongoing debate has far-reaching implications—not only for the livelihoods of dockworkers but for U.S. importers reliant on efficient, stable port operations.
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Oct 10, 2024 | 
rmmagazine.com | Syed S. Ahmad |Rachel E. Hudgins |Alex Pappas
On August 2, 2024, Illinois Governor J.B. Pritzker signed amendments to the Illinois Biometric Information Privacy Act (BIPA) that introduce changes that mitigate, but do not eliminate, some potential liabilities. As BIPA exposures persist, businesses must continue to evaluate how their insurance might respond to related lawsuits. Navigating insurance availability in this context presents complex, evolving challenges that often defy straightforward answers.
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Aug 14, 2024 | 
americanbar.org | Michael Levine |Alex Pappas |Shivakumar Balasubramaniyan |Iris Devriese
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AI is poised to have a significant and lasting effect on the insurance industry. The use of AI algorithms can streamline processes, improve customer experiences, and facilitate the development of innovative insurance products. It also raises legal challenges, such as the potential for biased algorithms, data privacy concerns, and questions around the accountability and transparency of AI decisions.
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Jun 18, 2024 | 
lexology.com | Geoffrey B. Fehling |Philip Guffy |Alex Pappas
Because insurance law is a creature of state law, it is rare for the United States Supreme Court to wade into insurance matters. But as our colleagues explained last fall, the Supreme Court agreed to do just that when it granted certiorari in Truck Insurance v. Kaiser Gypsum, a Fourth Circuit bankruptcy case. On June 6, 2024, the Supreme Court issued an opinion unanimously reversing the Fourth Circuit.
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Jun 18, 2024 | 
lexology.com | Michael Levine |Alex Pappas
Insurance coverage lawsuits often hinge on the plain and ordinary meaning of specific words or phrases. But not every word in an insurance policy can be defined. Yet without stable and predictable definitions, neither policyholders nor insurers can establish a clear and consistent scope of coverage. In a recent concurring opinion, Eleventh Circuit Judge Kevin Newsom suggests that artificial intelligence (AI) large language models (LLMs) could help resolve these definitional debates.
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Jun 17, 2024 | 
lexology.com | Geoffrey B. Fehling |Michael Levine |Alex Pappas
We have previewed in prior posts the ways artificial intelligence is rapidly changing the way business operate, including the many ways AI has influenced the insurance market, creating both opportunities and risks for policyholders.
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May 22, 2024 | 
dedola.com | Alex Pappas
In 2024, the European Union will introduce several significant changes to its shipping regulations, impacting companies importing and exporting goods to the EU. This comprehensive overview highlights the new requirements that logistics and supply chain professionals need to know to ensure their operations remain compliant and efficient.
