After years of discussions, a new law on "plain" cigarette packages iscoming in on Friday.It will mean an end to white packs with company logos in the UK.Four of the world's biggest tobacco firms wanted the plans overruledat the last minute.They took legal action at the High Court in London but have lost theircase, which means they'll have to stop making their old cigarettepackaging from ...
Finance Minister Michael Noonan has been warned squeezedmotorists and businesses cannot afford to wait until the end of theyear for a review of spiralling insurance costs to be published.The Department of Finance is undertaking a review of the motorinsurance market after rapid price increases over the past 12 monthshave seen premiums surge 34%.Speaking in the Dáil in response to a query ...
UberX drivers using personal policies while operating as a paid ride-share operative are breaking the law and need to check with theirinsurance providers to ensure they have appropriate coverage,suggests Shop Insurance Canada.“If a vehicle is used for any kind of business, insurance companieswill expect customers to take out a commercial auto policy,” notes astatement Wednesday from the ...
The European Union expressed concern Wednesday about the rule oflaw in Poland and warned that it will take action by next week unlessWarsaw makes progress on fixing the problem.The EU's executive Commission has been holding informal talkswith Warsaw since November amid concerns about the conservativegovernment's respect for Poland's Constitutional Court and the wayjudges are appointed.The ...
Mass strikes against proposed changes to labour laws in Franceshow no signs of ending, with thousands taking to the streets ofParis for the sixth day in a row.Tuesday's rally was part of a series of planned protests called byunions and student organisations hoping to pressure the Frenchgovernment into scrapping the planned overhaul.About 1,000 people have been arrested since protests beganseveral ...

Lawyers at the larger firms usually have to deal with long work
hours, few vacations and difficulties in achieving a fair work-
life balance. And the entry level workers at law firms typically
spend hundreds of hours sifting through thousands of
precedents and articles to prepare for cases. BakerHostetler, an
Ohio-based law firm founded in 1916, is taking an innovative
approach to make life easier for its employees by hiring a
robotic legal researcher called ROSS. Specifically, ROSS will
start out by working for the bankruptcy team at BakerHostetler.
ROSS Intelligence co-founder Andrew Arruda told Quartz that
other law firms are also planning to sign licenses for using the
artificial intelligence research program as well.
ROSS was built on IBM Watson, a cognitive
system that can answer questions in natural language. ROSS
will be able to quickly respond to questions after searching
through billions of documents. Lawyers can ask ROSS
questions in plain English such as “what is the Freedom of
Information Act?” And ROSS will show users what the citations
are for its responses. The more ROSS is used by lawyers, the
more it improves its responses. If the laws change, then ROSS
will be able to track whether it affects the case. Essentially,
lawyers will be able to avoid some of the mundane tasks in
favor of being able to focus on the nitty gritty aspects of each
case.
“At BakerHostetler, we believe that emerging technologies like
cognitive computing and other forms of machine learning can
help enhance the services we deliver to our clients,” said
BakerHostetler Chief Information Officer Bob Craig in a
statement . “We are proud to team up with innovators like ROSS
and we will continue to explore these cutting-edge technologies
as they develop.” BakerHostetler has been testing out ROSS
since it was first deployed.
ROSS Intelligence started out as a research project at the
University of Toronto in 2014. And the goal of ROSS
Intelligence from the beginning was to build a legal research
assistant to help scale the abilities of lawyers through artificial
intelligence technology.
Backed by the Y Combinator startup accelerator, ROSS
Intelligence moved from Toronto to Palo Alto in June 2015. It
took about ten months for ROSS to learn bankruptcy law before
it commercially rolled out. Now ROSS Intelligence is building
more legal practice modules into the ROSS system beyond
bankruptcy.
The director-general of the Nigeria InsurersAssociation (NIA), Sunday Thomas has saidthat the industry was set to achieve apremium volume of N6trillion and totalmarket asset base of N16trillion by the year2020.Thomas, who made the disclosure at anInsurance forum organised by Access BankPlc also said the industry was expected tomove from current employment of about10,000 to generate employment ...
The country’s insurance industry has latelybeen plagued with a myriad of challengesranging from low penetration, inadequatetraining of staff to lack of actuaries.Chairman/Consulting Actuary, TAFConsulting Group, Mr. Debo Ajayi, in thisinterview with ODIRI UCHENUNU, profferssolutions to some of the challengesconfronting the insurance industry.Why, in your view, don’t many Nigerians buyinsurance ...
The Federal Government will soon release a new blueprint toreposition the country’s insurance industry, Minister of Finance,Mrs Kemi Adeosun has said.The minister announced this at the 38th Annual General Meetingand Education of West Africa Insurance Companies Association,WAICA, in Lagos yesterday.Adeosun, who was represented by Mrs. Patience Oniya, aDirector in Efficiency Department in ...
The Federal Inland Revenue Service (FIRS) Thursday shut down theAbuja Head offices of Nicon Insurance plc and other businessesowned by Barrister Jimoh Ibrahim over tax liability in excess ofN6.2 billion.FIRS tax enforcement team arrived both NICON Insurance plaza atthe Central Business District and Nicon Luxury Apartment at Area11 Garki about noon Thursday. The two businesses concerns thetax ...