Daily news across AI, technology, finance, insurance, healthcare, automotive, real estate, and government
Chip technology supplier Arm Holdings breached a licensing agreement with Qualcomm and intentionally interfered with the chipmaker’s business relationship with Meta Platforms, a Delaware jury fo
NFP research finds only 26% of employers are very confident in their leave administration as programs expand
The deal extends a Latin American surety strategy Liberty Mutual built around infrastructure growth
New research shows people in New Zealand are increasingly turning to insurance brokers for help as concerns about natural hazard risks make general insurance more expensive and harder to secure. The I
Howden Australia has named Catherine Osbourne as its new head of technical and claims in the Pacific, according to a LinkedIn update on Thursday. Sydney-based Osbourne has joined Howden from Marsh, wh
AM Best has revised the outlooks to positive from stable for the members of the New York-based AmTrust Group. The ratings firm also affirmed the Financial Strength Rating (FSR) of A- (Excellent) and t
Marsh said Michael Crowley has joined the firm as senior enterprise risk advisor for digital infrastructure. In this newly created role, Crowley will help digital infrastructure clients manage risk an
The International Group of P&I Clubs (IG) has received a formal application for membership from the Chinese marine mutual, China P&I Club (CPI), according to a press release. “The group was pl
New research finds leave programs are expanding faster than the administrative capacity to run them compliantly
Markel Insurance announced two key appointments within its marine & energy liability underwriting team in London, appointing Josephine Stroud as head of energy liability and Jenny McFarlane as sen
The proposed introduction of protected cell companies (PCC) in Hong Kong and Singapore promises to unleash growth and development in Asia’s sidecar market, with the reinsurance industry seeing huge po
Peak Re has joined Singapore-based policy think tank Global Asia Insurance Partnership (GAIP) as a principal partner, reinforcing its commitment to addressing protection gaps and strengthening risk re
Catastrophe risk management firm Karen Clark & Co. (KCC) said privately insured losses from wind and storm surge during Hurricane Isaias will be about $3 billion, making the storm one of the most
A bipartisan group of eight states said on Wednesday they had sued OpenAI in courts across the country over harms they say ChatGPT has caused to their residents, alleging the chatbot has coached its u
The Novacap-backed actuarial firm adds complex claims, litigation support and run-off administration in its third acquisition since 2023
October 15 is the Great ShakeOut, a day when millions of Americans participate in earthquake drills while at school, work or home. The Missouri Department of Commerce and Insurance (DCI) is using Octo
TD Cowen sees mid-single-digit organic growth holding despite softening property rates and AI fears
They include a new chief risk officer and a new head of finance
A Higginbotham benefits advisor who battled cancer at 17 now fights for every group member
As clients reroute supply chains and change suppliers, coverage gaps are widening
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