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Beacon Mutual CEO Spero to Retire in 2027; Vitale Named Successor
Rhode Island-based Beacon Mutual Insurance Co. reported that President and Chief Executive Officer Brian J. Spero will retire effective March 31, 2027, after more than 18 years of service to the company. Amy C. Vitale, Esq., executive vice president and …
POSTED FEBRUARY 17, 2026 6:30 AM |
UK Eyes Rapid Ban on Social Media for Under 16s, Curbs to AI Chatbots
Britain could bring in an Australian-style ban on social media for children under 16 as early as this year and close a loophole that left some AI chatbots outside safety rules, as part of government efforts to respond more quickly …
POSTED FEBRUARY 17, 2026 6:20 AM |
Preparing for an AI Native Future
Artificial intelligence is becoming a core competency for insurers that want to stay competitive in the face of geopolitical volatility, shifting claims patterns, persistent cost pressures and rising customer expectations. But to unlock AI’s full potential, carriers need to first …
POSTED FEBRUARY 17, 2026 6:20 AM |
Jury Finds Johnson & Johnson Liable for Cancer in Latest Talc Trial
A jury in Pennsylvania state court on Friday awarded $250,000 to the family of a woman who sued Johnson & Johnson alleging its talc-based baby powder was to blame for her ovarian cancer. The jury in the Philadelphia Court of …
POSTED FEBRUARY 17, 2026 6:20 AM |
French Prosecutor Opens Probe Into Baby Milk Brands Over Contamination
The Paris public prosecutor has opened five investigations into baby milk brands distributed by Nestle, Lactalis, Danone, Babybio and La Marque en moins after contamination with toxin cereulide, it said on Friday [Feb. 13]. Cereulide, which can cause nausea and …
POSTED FEBRUARY 17, 2026 6:15 AM |
São Paulo Battles Drought and Floods Together in Climate Paradox
São Paulo, one of the world’s largest metropolitan areas housing 21 million people, is living through its largest climate-induced stress test in more than a decade as deadly flash floods collide with a severe drought. Water in the region’s largest …
POSTED FEBRUARY 17, 2026 6:05 AM |
Rampant AI Demand for Memory Is Fueling a Growing Chip Crisis
A growing procession of tech industry leaders including Elon Musk and Tim Cook are warning about a global crisis in the making: A shortage of memory chips is beginning to hammer profits, derail corporate plans and inflate price tags on …
POSTED FEBRUARY 17, 2026 6:05 AM |
UK Legal Funder Stung by Car Finance Saga Is Raising Cash Again
A UK litigation funder is seeking fresh capital less than six months after it liquidated a key fund, the latest twist for a firm that’s navigated a bumpy year. Katch Investment Group is raising new money for its open-ended Katch …
POSTED FEBRUARY 17, 2026 6:02 AM |
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup
Insureds cannot rely on the word of an insurance adjuster—even one hired by the insurer—to show that a homeowners’ policy covers sewage backup, a federal appeals court said in a case that underscored the sanctity of policy exclusions but also …
POSTED FEBRUARY 17, 2026 6:01 AM |
OSHA Flags Safety Issues That ‘Exposed’ Workers to Explosion at US Steel Plant
A federal safety agency investigating an August blast at a U.S. Steel plant near Pittsburgh that left two workers dead said it found a series of incomplete, outdated or inadequate procedures and practices that “exposed” employees to the explosion, which …
POSTED FEBRUARY 17, 2026 6:00 AM |
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