Mon.Oct 28, 2024

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The Three Principles of Responsible AI Development, and Other Takeaways from the Everlaw Summit

Law Sites

At the Everlaw Summit in San Francisco last week, the annual customer conference of the e-discovery company Everlaw, founder and CEO AJ Shankar delivered a keynote address in which he announced the general availability of three generative AI features the company first introduced last year and had been developing in beta ever since.

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Deep Dive Recap: Game-Changing Workflows from Real Lawmatics Users

Lawmatics

This month, we’re pulling back the curtain on the workflows and go-to tools that help three attorneys — and Lawmatics power users — run their firms with efficiency. These experts share their secrets to mastering three critical stages of the client journey: attracting qualified leads, nurturing them into clients, and onboarding new clients seamlessly.

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What Intellectual Property Policy Should Look Like in the Age of AI

IP Watchdog

As artificial intelligence (AI) technology continues to evolve at an unprecedented pace, it brings with it numerous questions regarding the application of intellectual property (IP) laws. The intersection of AI and IP raises critical considerations about the rights of creators and innovators, the interpretation and enforcement of established laws, and the potential impact on the future of creativity and innovation.

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Dozens of Alleged Looters, Unlicensed Construction Workers Arrested in Florida

Insurance Journal

More than 100 people were arrested late last week in storm-ravaged Pinellas County, Florida, charged with looting homes and working as unlicensed contractors, two weeks after Hurricane Milton forced many residents to evacuate.

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Visibility Into the Strategy & Supporting Documents of Major US Law Firms

Law Firm Intelligence by Trellis aggregates state trial court data across the Trellis platform enabling users to: look up a particular metric related to a specific law firm (such as, how many cases a law firm had or has against another law firm), and see the actual dockets and documents supporting the metric. Trellis data is maximized in a revolutionary and unique way to provide users an exclusive look into a law firm litigating in state trial courts.

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Debunked: USPTO Findings Should End False Pharma Patent Narratives

IP Watchdog

One of the more interesting public policy reads of 2024 comes from the U.S. Patent and Trademark Office (USPTO), whose “Drug Patent and Exclusivity Study” effectively debunks the false narratives and bogus statistics that have been levied against pharmaceutical patents with significant effect in recent years. The inescapable takeaway from the USPTO study is that activists have manipulated data to inflate the effects of patents and other exclusive rights on competition.

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Crews Fight Large Brush Fire in Massachusetts; Separate Fire Kills 1

Insurance Journal

A woman died in an outdoor fire in Massachusetts at an encampment in Millbury on Saturday night and crews on Sunday were still fighting a large overnight brush fire in Salem as dry and windy conditions have raised the risk …

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Lyft to Pay $2 Million to Resolve FTC Suit Over Driver Pay

Insurance Journal

Lyft Inc. agreed to pay $2.1 million to resolve a lawsuit by the US Federal Trade Commission accusing the ride-hailing company of deceiving drivers about how much they would earn when consumer demand picked up after the pandemic.

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Five Great Reads on Cyber, Data, and Legal Discovery for October 2024

Complex Discovery

Editor’s Note: Five Great Reads is a monthly newsletter that focuses on cybersecurity, information governance, and eDiscovery. This month’s edition offers timely insights into the evolving realms of cybersecurity, AI, and data governance—fields where challenges are growing in both complexity and scale. From declining internet freedoms to the ethical integration of AI in workplaces, the topics we cover here underscore the responsibilities that come with technological progress.

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US Nuclear Regulator Begins Review on Three Mile Island Restart

Insurance Journal

U.S. nuclear regulators kicked off a long-winding process to consider Constellation Energy’s unprecedented plans to restart its retired Three Mile Island nuclear power plant in an initial public meeting held on Friday.

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Amazon, Google sue over fake online reviews

Legal Dive

The dual complaints in federal court target sellers of fake reviews for retailers and local businesses that market on the web giants.

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Stay On Top of Newly Filed State & Federal Litigation: Curated Just for You!

With Daily Filings Report by Trellis you will receive an email and csv file daily with all new cases filed in the jurisdictions you're tracking. Each new case will include all case metadata like judge, parties, counsel, practice area, and even direct links to the full docket and complaint. Trellis Daily Filings Reports provide direct access to newly filed state and federal litigation curated just for you.

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Homeowners Insurance Does Not Cover Cryptocurrency Theft, 4th Circuit Affirms

Insurance Journal

A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the loss of a digital currency does not involve a “direct physical loss” as required by the policy.

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Delta, CrowdStrike file dueling lawsuits as squabble continues

Legal Dive

The airline seeks to recover damages of more than $500 million in the aftermath of a disruptive IT outage in July. The software provider is looking to hold its liability to the terms of its service agreement.

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Report: Climate Risks Increasing Insurance Rates and Hurting CRE Returns

Insurance Journal

Costly reinsurance, inflation, tough regulations, and increasing weather-related claims are driving up property insurance prices—and in turn, that is impacting commercial real estate returns, valuations, and transactions, a new report shows.

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How to Create an Effective Law Firm Client Intake Form

Practice Panther

Managing legal client intake can be a balancing act for many attorneys. Ask too much, and clients may abandon the form halfway through; ask too little, and you end up scrambling for details right when you’re deep into a case. Even seemingly minor oversights — like not getting a client’s preferred communication method or not capturing all opposing parties involved — can lead to delays, frustrating back-and-forth communication, or gaps in your records.

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Broker Insights’ ‘Decision Intelligence’ Officially Heads to the US

Insurance Journal

After building it business up in the United Kingdom, Broker Insights said it is ready to officially bring its commercial insurance placement analytics to the United States.

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PERSONAL INJURY DAMAGES: COURT OF PROTECTION RELEASES CLAIMANT FROM “PETERS” UNDERTAKING

Civil Litigation Brief

I am grateful to my colleagues Sam Karim KC and Fay Collinson for pointing out the decision of BJB, In the Matter Of [2024] EWCOP 59 (T2). In that case HHJ Hilder granted the claimant’s application that she be released.

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Soft Commercial Market Ahead: Prepare for Underwriter ‘Herd Behavior’

Insurance Journal

Executive Summary: During the period 2013 through 2018, the U.S. did not become less litigious nor did Atlantic sea surface temperatures get less warm. Yet rates for U.S. excess liability and Atlantic hurricane both reduced, observe the co-founders of UWX.

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US to Extend Plea Offer to Alleged Hacker of SEC’s X Account

Securities Docket

Federal prosecutors plan to offer a plea deal to an Alabama man accused of participating in the January hack of the US Securities and Exchange Commission’s X account and a fake social media post about authorization of the first-ever spot Bitcoin exchange-traded funds. “We will extend a plea,” assistant US attorney Kevin Rosenberg told US District Judge Amy Berman Jackson on Friday at a hearing in Washington federal court.

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Brazil Seals $30 Billion Compensation Deal With BHP, Vale Over 2015 Dam Collapse

Insurance Journal

Brazil on Friday signed a 170 billion reais ($29.85 billion) compensation agreement with miners BHP, Vale, and Samarco for the Mariana dam collapse in 2015, one of the country’s worst environmental disasters.

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ADVOCACY THE JUDGE’S VIEW 4: “AVOID B T, SMOKE AND MIRRORS” (OH AND BEWARE OF “WELL PADDED VANITY”)

Civil Litigation Brief

Australia and looking at the guidance given by the Hon Chief Justice Pat Keane in his keynote address to the Australian Lawyers Alliance Queensland State Conference in February 2013. (At the moment I cannot find a link to the original.

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People Moves: Novatae Risk Group Hires Catrabone as Carrier Relations VP

Insurance Journal

Novatae Risk Group, headquartered in Dallas, named John Catrabone as vice president of carrier relations. Based in Ohio, Catrabone comes to Novatae with more than 30 years of experience in various insurance industry sectors.

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Chopra defends CFPB open banking rule in face of lawsuit

Legal Dive

Consumer Financial Protection Bureau Director Rohit Chopra called out bank litigants that sued over the rule, saying he didn’t think they’d even read it.

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UN Climate Chief Warns of Looming ‘Trainwreck’ as 1.5C Warming Limit in Doubt

Insurance Journal

The world is on course to miss a target for cutting emissions this decade by an overwhelming amount, new UN analysis shows, meaning more dangerous global warming is likely.

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NLRB can’t order deletion of Musk’s anti-union tweets, 5th Circuit says

Legal Dive

The court held that an employer’s speech, even that which presumably violates the NLRA, is protected by the First Amendment.

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McDonald’s E. Coli Crisis Reveals Vegetable Contamination Is Harder Problem Than Beef

Insurance Journal

Moves by major U.S. fast-food chains to temporarily pull fresh onions off their menus on Thursday, after the vegetable was named as the likely source of an E.

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Carrier proposes $730M PFAS settlement with Kidde-Fenwal

Legal Dive

The firefighting foam manufacturer will use some of the funds from the settlement to pay its creditors as part of a bankruptcy plan.

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IGI Expands in London Underwriting Hub Into Larger Offices

Insurance Journal

International General Insurance Holdings Ltd. announced it will move its London operations to new offices on the 15th floor of the so-called “Walkie-Talkie” building at 20 Fenchurch Street, London, EC3M 3BY on Monday, Oct. 28, 2024.

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Business insight gives in-house counsel their edge, veteran GC says

Legal Dive

More than just the contract terms, counsel should know the strategy driving the deal, according to Robert Ball of Enlace Health.

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People Moves: Price Forbes Bermuda Promotes Kelley to CEO; WTW Gets Saudi Arabian License, Names Chubb’s Bahafi as Head of Insurance Broking

Insurance Journal

This edition of Interational People Moves details appointments at the brokers Price Forbes and WTW. A summary of these new hires follows here.

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SEC Charges Four Companies for “Downplaying” Cyber Incidents | The D&O Diary

Securities Docket

As Ervine noted in the post, the dissenting commissioners take the position that the SEC is regulating by enforcement action and cited immaterial undisclosed details to support the charges. The dissent asserts that the level of detail the SEC charges that the four companies omitted will motivate companies to fill their disclosures with “immaterial details about an incident, or worse, provide disclosures [about] immaterial incidents.

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Liberty Mutual Estimates Up to $900M in Losses From Helene and Milton

Insurance Journal

Liberty Mutual Insurance today said it expects up to $900 million in losses from hurricanes Helene and Milton.

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Elon Musk Offer to Pay $2,923 for Missed Meeting Not Enough, SEC Says – Bloomberg

Securities Docket

The US Securities Exchange Commission says Elon Musk’s offer to pay $2,923 isn’t enough for standing up three agency lawyers who were set to question him last month in an investigation of his 2022 purchase of Twitter Inc. Instead of rubber-stamping the billionaire’s proposal to reimburse the agency for flying the lawyers to Los Angeles in September while he was off in Florida to watch a SpaceX rocket launch, a judge should formally sanction Musk so he realizes his conduct is not a “trivial matte

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Texas Department of Insurance OKs Porch Group’s Reciprocal Exchange

Insurance Journal

The Texas Department of Insurance approved an application from Porch Group Inc. to form and license Porch Insurance Reciprocal Exchange, a homeowners insurance reciprocal exchange.

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What Is the Purpose of a Legal Case Management System?

Practice Panther

A legal case management system acts as a supporting pillar for each step of a case, from intake to invoice. Typically, these systems come in the form of software, which is also known as legal case management software (LCMS). The main functions of LCMS are to: Manage multiple aspects of your firm’s caseload, including billable hours Provide records for your firm’s cases, expenses, and various business KPIs Organize, share, and protect your firm’s information and resources It’s no exaggeration to

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Gas Stoves Linked to 40,000 Premature Deaths in Europe Annually

Insurance Journal

Gas stoves in European homes are associated with tens of thousands of premature deaths, a study has found.

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