If it really didn’t matter, all this electioneering drama would be good fun, wouldn’t it? Throw in some sex and a car chase and this would work on Netflix! Regrettably, in the real world, it is less than entirely amiable.
It is probably true that most of us are anxious as the election carries so many notes
Every year after Labor Day, I take a step back to survey the most important current trends and developments in the world of Directors’ and Officers’ liability and insurance. This year’s review is set out below. As the following discussion shows, this is a particularly interesting time in the world of D&O.
In an era where technology advances at breakneck speed, the concept of a “photo” is rapidly evolving. Once, a photograph was a static representation of a moment in time, a slice of reality captured by a lens. Today, however, the boundaries between reality and artificiality are becoming increasingly blurred, especially with the advent of AI-driven
The SEC has already made it clear that it intends to pursue enforcement actions against firms that misrepresent their Artificial Intelligence (AI) capabilities. In the latest example of the SEC’s commitment in that regard, earlier this week the SEC filed an enforcement action against an investment advisory firm, its holding company, and the two firms’
Soon: A world where your best friend is a chatbot, your therapist is an algorithm, and your romantic partner exists only in code. You laugh – it’s very possible. As AI becomes more sophisticated, it’s not just enhancing our lives—it’s entwining itself into our most intimate relationships, creating an addictive pull that’s hard to resist.
If you have a baby today, it is highly likely the child will live until they are 125 years old. Many years ago, I used this teaser introduction slide in my presentations to shift the audience’s mindset about what incredible advances are to come overall with technology. Well, the technology is starting to align.
In
In July 2024 an industry guidance issued by the New York Department of Financial Services contains useful guidance (although not always directly related to our own Constitutional values) regarding the use of Artificial Intelligence Systems that External Consumer Data and Information Sources in insurance underwriting and pricing. The guidance arises from its commitment to innovation
At this point, there is nearly universal agreement that artificial intelligence (AI) is (or at least will be) transformative. It is also clear that as companies struggle to adapt to the new technology, they also face a host of challenges, including disclosure and regulatory risks, and the related risk of litigation. As a result, AI
Many financial services providers would be required to allow consumers seeking assistance to be connected to a “real person” by clicking on one button, under a new Biden Administration “Time is Money” initiative.
“Companies often deliberately design their business processes to be time-consuming or otherwise burdensome for consumers, in order to deter them from getting
The number of federal court securities class action filings in the year’s first half project to a year-end total roughly level with year-end total number of suit filings last year, while case resolutions (dismissals and settlements) are on track to exceed 2023 levels, according to a recent report from NERA. The August 6, 2024, report,