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OpenAI Commits $1 Billion to Cyberdefense Effort Amid Safety Scrutiny
OpenAI said on Sept. 3 it would commit $1 billion in subsidized access to its AI cybersecurity tools, training and technical support for organizations that protect critical services, as concerns grow over increasingly sophisticated AI-enabled cyberattacks. OpenAI has faced increased …
POSTED SEPTEMBER 04, 2026 11:50 AM |
People Moves: Ciak Joins Guy Carpenter’s Healthcare Team From BMS Group; CRC Specialty Makes Hires Across Underwriting and Brokerage Teams
Ciak Joins Guy Carpenter’s Healthcare Team from BMS Group Jessica Ciak joined the healthcare segment Guy Carpenter as the firm’s as a senior vice president, focusing on the U.S. medical professional liability sector. Based in Minneapolis, Minnesota, Ciak reports to …
POSTED SEPTEMBER 04, 2026 6:05 AM |
King Risk Partners Acquires New Jersey’s Conover Beyer Associates
King Risk Partners announced the acquisition of Conover Beyer Associates Insurance, an independent insurance agency based in Manasquan, New Jersey. Founded in 1882, Conover Beyer Associates is a family and veteran-owned agency offering business and personal insurance, employee benefits, commercial …
POSTED SEPTEMBER 04, 2026 5:00 AM |
Viewpoint: Global Reinsurance Pricing to Remain Under Pressure Through 2027
S&P Global Ratings maintains a stable view of the global reinsurance sector. Reinsurers entered the 2026 hurricane season from a position of strength, supported by record-high capital adequacy and strong year-to-date operating performance. Even so, near-term headwinds are emerging. Abundant …
POSTED SEPTEMBER 04, 2026 5:00 AM |
SAIF in Oregon Declares $50 Million Dividend
SAIF is distributing a $50 million dividend to its policyholders. The board of the Oregon not-for-profit workers’ compensation provider declared the dividend, making it the 17th straight dividend distributed to policyholders. The dividend reflects SAIF’s continued financial strength and it …
POSTED SEPTEMBER 04, 2026 5:00 AM |
Efforts Underway to Salvage Maine and Boston Schooners That Sank in NYC Canal
For more than a century, the Pilot and the Victory Chimes — two historic schooners with towering sails — have between them served the country in wartime, hosted the likes of Jacques Cousteau and graced the Maine state quarter. But …
POSTED SEPTEMBER 04, 2026 5:00 AM |
New Jersey Takes Fight Over Kalshi’s Prediction Market to US Supreme Court
New Jersey authorities on Wednesday asked the U.S. Supreme Court to resolve whether states have the power to police sports betting that occurs on prediction markets operated by Kalshi and competing platforms. The state asked the Supreme Court to overturn …
POSTED SEPTEMBER 04, 2026 5:00 AM |
EU Tweaks Antitrust Rulebook to Help Boost Bloc’s ‘Resilience’
The European Commission unveiled plans to give firms enjoying market dominance more leeway if they help boost the bloc’s “resilience,” as supply chains come under increased pressure from overseas threats. As part of a review of guidelines on the application …
POSTED SEPTEMBER 04, 2026 4:45 AM |
France Declares Fifth Heat Wave After Hottest Summer Ever
France is bracing for its fifth heat wave this year after the hottest summer in its history ravaged forests, hurt the tourism season and destroyed crops in Europe’s top agriculture producer. The new heat wave is due to start on …
POSTED SEPTEMBER 04, 2026 4:07 AM |
World Insurance Acquires New Jersey’s Pellechio Family Agency
World Insurance Associates announced it acquired the business of Pellechio Family Agency of Parsippany, New Jersey on May 1, 2026. The Pellechio agency was founded in 2107. It offers commercial and personal insurance. Terms of the transaction were not disclosed. …
POSTED SEPTEMBER 03, 2026 7:30 PM |
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