Latest news with #NCCI
Yahoo
4 days ago
- Business
- Yahoo
Cherokee Insurance Company Selects Origami Risk's Cloud-Native Core P&C Platform to Transform Policy Admin, Billing and Claims
STERLING, Mich., June 24, 2025--(BUSINESS WIRE)--Cherokee Insurance Company, which provides a spectrum of casualty insurance coverages to transportation companies across the U.S. and Canada, today announced a major upgrade to its core processes with the selection of Origami Risk's cloud-native Software-as-a-Service (SaaS) platform for policy administration, billing and claims. "Origami's versatile, state-of-the-art solution will enable us to transform the core processes supporting all our business lines," said Brennan Lee, Executive Vice President, Cherokee Insurance. "In addition to gaining speed, efficiency and enhanced decision-making, we expect our adoption of Origami's scalable platform will enable us to deliver elevated service to our policyholders, agents and business partners throughout the U.S. and Canada." "We're pleased that Cherokee Insurance has selected our full suite of solutions, which facilitates more robust integration that will enable their teams to quickly achieve wider efficiencies across all their core processes," said Mike Kaplan, Chief Client Officer, Origami Risk. "Origami's innovative solutions have been developed to help carriers and other insurance providers drive efficiencies across critical functions, meet customer needs and improve overall performance." Origami Risk offers a full suite of end-to-end, integrated SaaS solutions for policy, rating, billing, loss control, claims administration, reporting and analytics. It also offers a full-service ISO and NCCI bureau content management solution and a comprehensive digital engagement experience for all internal and external stakeholders. About Cherokee Insurance Company For over 25 years, Cherokee Insurance Company has protected transportation businesses with our broad range of property and casualty insurance products. Cherokee is currently licensed by 47 states and the United States Department of Treasury. In addition, Cherokee's Canada Branch has Canadian federal and provincial insurance authorities. Since 2010, Cherokee's A.M. Best Company rating has been "A" (Excellent); the "A" rating is an independent opinion of Cherokee's financial strength and ability to meet ongoing insurance obligations. Cherokee currently manages over three quarters of a billion dollars of invested assets and writes over a quarter billion dollars in premiums annually. About Origami Risk Origami Risk empowers leaders in insurance, risk, and safety with a purpose-built, cloud-native platform that optimizes workflows for better data, better insights, and better collaboration. Through highly configurable solutions integrated on a single platform, Origami Risk supports the management of the full lifecycle of risk, from prevention to recovery — helping the experts reduce harm and loss, and respond more rapidly and effectively when it happens. Grounded in continuous innovation and a foundational focus on client success, Origami Risk is trusted by leading organizations to enable greater resilience as they build for the future. For more information, visit View source version on Contacts Al Modugno, 917-414-4569,
Yahoo
20-05-2025
- Politics
- Yahoo
New federal law targets deepfake porn, non-consensual image sharing
HOUSTON - A new bipartisan law signed by President Donald Trump aims to crack down on the growing threat of deepfake images and revenge porn, offering new protections to victims of non-consensual image sharing (NCCIs). The "Take It Down Act," co-sponsored by Republican Sen. Ted Cruz of Texas and Democratic Sen. Amy Klobuchar of Minnesota, criminalizes the distribution of intimate images without a person's consent — including AI-generated or digitally altered content. "The Take It Down Act is an historic win for victims of revenge porn and deepfake image abuse," Senator Cruz wrote in a Monday post on X. "Predators who weaponize new technology to post this exploitative filth will now rightfully face criminal consequences, and Big Tech will no longer be allowed to turn a blind eye to the spread of this vile material." Sharing sexually explicit images without consent is now a federal crime. Deepfake and AI-generated explicit imagery are included in the legislation's scope. Online platforms are required to remove flagged content within 48 hours. Violators face up to three years in prison, hefty fines, and may also be subject to civil lawsuits from victims seeking damages. The legislation passed both chambers of Congress with broad bipartisan support amid rising concerns over the misuse of artificial intelligence to create realistic but fake explicit content. Advocates say it fills critical gaps left by many state-level laws, which often don't cover manipulated or synthetic media. Tech experts, however, warn the new rules could present significant enforcement challenges. "It seems like a good idea on the surface, but it could be a nightmare to implement," said Juan Guevera-Torres, a Houston-based tech expert. "There are real questions about who decides what qualifies as a deepfake and whether this could lead to unintended censorship." Still, supporters say the law is overdue. The law has particular relevance in states like Texas, where cases of minors being targeted with explicit content have drawn national attention in recent years. Online platforms found in violation of the 48-hour removal requirement could also face legal consequences, intensifying pressure on social media companies and content hosts to respond swiftly to reports of alleged abuse. The Source Fox 26 gathered information from recent press conferences including Senator Ted Cruz, President Trump and tech expert Juan Guevera-Torres.
