PG&E Corp. missed first-quarter profit estimates on Thursday, as the power company was hurt by higher operating and interest expenses. Higher-for-longer interest rates push up borrowing costs for utility companies, which typically need more capital for expenses such as maintaining the grid. Related: Lawsuits Accuse Insurers of Colluding to Drop Coverage in Fire-Prone Parts of … Read more
“Vibe coding,” a recent trend of using large language models (LLMs) to generate code based on plain-language prompts, can yield code that is vulnerable to up to nine out of the top 10 weaknesses in the Common Weakness Enumeration (CWE), according to Backslash Security.Vibe coding, while only gaining popularity within the last few months, is … Read more
Editor’s note: This post is part of the EJIL:Talk! Symposium on ‘Expanding Human Rights Protection to Non-Human Subjects? African, Inter-American and European Perspectives.’ As in previous industrial revolutions –bolstered by scientific discovery– bold entrepreneurs seek to influence decision-makers and shape social and legal rules to achieve the precarious assembly of raw materials, energy, labour, and … Read more
The Institutes’ Pete Miller and Francis Bouchard of Marsh McLennan discuss how AI is transforming property/casualty insurance as the industry attacks the climate crisis. “Climate” is not a popular word in Washington, D.C., today, so it would take a certain audacity to hold an event whose title prominently includes it in the heart of the … Read more