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AI in insurance market is expected to grow from $8.13bn in 2024 to $141.44bn by 2034, driven by investments in AI-powered risk assessment and automationAI is transforming underwriting, claims processing, and fraud detection, with productivity having increased and operational costs expected to drop by 40% by 2030AI-driven personalisation remained in high demand, with 80% of consumers preferring tailored insurance servicesAI in insurance market is expected to grow from $8.13bn in 2024 to $141.44bn by 2034, driven by investments in AI-powered risk assessment and automationAccording to the Artificial Intelligence (AI) in Insurance Market report by Precedence Research, the market is set…
NASHVILLE, Tenn. (AP) — They called it the “monkey trial.” It was supposed to be a publicity stunt. A hundred years later, it is remembered as far more.In March 1925, Tennessee became the first state in the country to ban the teaching of evolution in public school classrooms. Strong reactions rippled across the United States. The eventual upshot: a legal battle that became one of the most renowned in the nation’s history.Historians say the trial started as a tourism gambit on behalf of the small town of Dayton, Tennessee — where the landmark case unfolded. The town’s leaders were eager…
Majority of Americans disapprove of Trump’s economic management amid stock market turmoil, polls show.United States President Donald Trump’s handling of the economy is facing growing pushback from Americans amid wild swings in the stock market and growing fears of a recession, new polling shows. In a CNN/SSRS poll released on Wednesday, 56 percent of respondents said they disapproved of Trump’s economic management – higher than at any point during his first term in office. The poll had better news for Trump on his other signature issue of immigration, with 51 percent of respondents expressing support for his strict enforcement policies.…
Taipei, Taiwan – Until recently, Southeast Asia’s Mekong sub-region seemed to be on track to reach its goal of eliminating malaria by 2030. Named for the 4,900-kilometre (3,000-mile) river that runs from southwest China through Myanmar, Thailand, Cambodia, Laos and Vietnam, the area has long been afflicted by the mosquito-borne illness. From 2010 to 2023, the number of cases caused by the most common malaria parasite declined from nearly half a million to fewer than 248,000, according to the Global Fund, a United States government-funded organisation that is the world’s largest financier of programmes to prevent, treat and care for…
LUBBOCK, Texas (AP) — An explosion inside a maintenance hole on the Texas Tech University campus in Lubbock set off fires and power outages, leading school officials to issue evacuation orders for several buildings and cancel classes for the rest of the week, university police said.The explosion happened Wednesday evening at the Engineering Key section of campus, which was evacuated.“I heard an explosion and then saw a smoke ring, almost like a cartoon or something,” doctoral degree student Robert Gauthreaux III told KCBD-TV. “It traveled about 200 feet in the air.” Gauthreaux said he went inside the architecture building, which…
Release of prisoners comes amid push by Trump administration to bring home US citizens jailed overseas.Kuwait has released a group of American prisoners, including veterans and military contractors jailed for years on drug-related charges, in a move seen as a gesture of goodwill between two allies, a representative for the detainees told The Associated Press news agency on Wednesday. The release follows a recent visit to the region by Adam Boehler, the Trump administration’s top hostage envoy, and comes amid a continued US government push to bring home American citizens jailed in foreign countries. Six of the newly freed prisoners were…
DUBAI: The International Cricket Council (ICC) on Wednesday thanked the Pakistan Cricket Board (PCB) for “successfully hosting” the recently concluded ICC Champions Trophy. In a press release, the global governing body of the sport also thanked the Emirates Cricket Board (ECB) for the staging of India’s matches of the tournament. India played their matches in Dubai after the country’s government refused to send its team to Pakistan, the original hosts of the tournament. Playing all their five matches — including a semi-final and the final — at the venue, Rohit Sharma’s men claimed the Champions Trophy title for the third…
ISLAMABAD: Germany hockey great Christian “Büdi” Blunck gestures during an event hosted by the German Embassy on Wednesday.—Tanveer Shehzad/White Star ISLAMABAD: Impressed with present hockey talent in Pakistan, German legend Christian “Büdi” Blunck on Wednesday said that by increasing the pool of players and developing required facilities the country could regain its glory in the game. The 56-year-old Blunck, who was part of the gold medal-winning team at the 1992 Barcelona Olympics and is currently on a short tour of Pakistan, insisted that the country’s current hockey players had talent while adding that “lot of work is required to be…
The prime minister of Ireland, Michael Martin, is the latest European leader to visit United States President Donald Trump during his second term in the White House. But the occasion was a markedly light-hearted one: to hold receptions and events in advance of St Patrick’s Day, a popular Irish holiday held each year on March 17. Still, Wednesday’s visit was clouded by many of the same looming issues that accompanied other European leaders to the White House, among them Russia’s war in Ukraine and the fate of the delicate ceasefire in Gaza. Trump took up much of the spotlight, holding…
LONDON (AP) — It may be winter and there may be a biting chill in the air, but the dozen men and women who have packed this small sauna room in east London are happily sweating away in their swimwear. It’s more than 90 degrees Celcius (194 Fahrenheit) in here — and it’s about to get even hotter.As ice blocks infused with lavender oil melt over sizzling hot stones, releasing fragrant steam, “sauna master” Oliver Beryl turns on some ambient music and starts to vigorously wave a towel in a circular motion above his head to spread overpowering waves of…