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Markets/Coverages: Beazley Confirms Affirmative AI Cyber; CFC Strengthens FI Suite With Upgrades, Affirmative AI Cover
Beazley Confirms Affirmative AI Cyber Cover Beazley on Sept. 17 confirmed affirmative artificial intelligence cover in its cyber and tech E&O policies. As businesses adopt AI and cyber criminals increasingly use it to magnify the scale and speed of their …
POSTED SEPTEMBER 17, 2026 3:01 PM |
AIG’s Hancock to Retire as Head of General Insurance
Jon Hancock, CEO of General Insurance at American International Group (AIG), will retire at the end of the year. The announcement is the newest change for AIG’s C-suite, which experienced several shake-ups including the one leading to Hancock’s latest role …
POSTED SEPTEMBER 17, 2026 12:52 PM |
DOJ Wants States to Post Bond Over Paramount Deal Challenge
The US Justice Department is urging a federal judge to order the states and trade union challenging Paramount Skydance Corp.’s $110 billion takeover of Warner Bros. Discovery Inc. to post a bond to cover any potential late fees that result …
POSTED SEPTEMBER 17, 2026 12:20 PM |
GE Vernova, Vineyard Wind Settle Legal Battle Over New England Wind Farm
Wind farm developer Vineyard Wind said on Wednesday it had resolved a legal dispute arising from turbine supplier GE Vernova’s effort to walk away from its $4.5 billion project in New England over claims it was owed more than $300 …
POSTED SEPTEMBER 17, 2026 12:16 PM |
Russia’s Attacks on Europe Are Getting More Brazen and More Dangerous
Over the course of the summer, Russian attacks have been pushing ever deeper into European territory. On Aug. 11, military divers destroyed two drones floating off the coast of Romania near a €4 billion ($4.7 billion) energy project. Nine days …
POSTED SEPTEMBER 17, 2026 10:03 AM |
El Niño, War Raise Asia’s Food Security Risks, Verisk Maplecroft Says
Severe weather disruptions will amplify food security risks in Asia, potentially triggering civil unrest and political instability in vulnerable countries such as India, Indonesia and the Philippines, according to consultancy Verisk Maplecroft. The warning comes as the war in Iran …
POSTED SEPTEMBER 17, 2026 9:24 AM |
Climate, Seismic Factors Primed ‘Unprecedented’ Nepal Disaster
The catastrophic mountain flooding in Nepal that killed more than 1,300 people was driven by a complex web of climate and seismic processes that made it nearly impossible to predict, according to an international team of scientists. Rising global temperatures …
POSTED SEPTEMBER 17, 2026 8:44 AM |
First Solar Drops ITC Patent Case, Shifts Focus to Lawsuits Against Rivals
U.S. solar panel maker First Solar Inc said on Sept. 16 it would withdraw a patent infringement complaint before the U.S. International Trade Commission and instead focus on pursuing lawsuits in federal court against rivals over a leading solar technology. …
POSTED SEPTEMBER 17, 2026 5:28 AM |
House Committee Advances Bill to Curtail CFPB’s Insurance Regulation
The U.S. House Financial Service Committee on Sept. 16 advanced a bill to limit the authority of the Consumer Financial Protection Bureau, which the insurance industry said has crept over the years into insurance regulation. Within the Consumer Financial Protection …
POSTED SEPTEMBER 17, 2026 5:13 AM |
OpenAI’s Rogue Agents Probed Hugging Face for 2 Months Before Major Hack
Rogue AI agents from OpenAI hijacked Hugging Face user accounts and probed the site itself for vulnerabilities as early as May, nearly two months before the July breach of the open-source repository drew global attention, according to researchers who reviewed …
POSTED SEPTEMBER 17, 2026 5:06 AM |
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