Global Insured Catastrophe Losses Expected to Average $171 Billion Annually: Verisk September 1, 2026 By L.S. Howard The insurance industry should be prepared to withstand $171 billion in insured catastrophe losses, on average in a given year,...
Markets/Coverages: Insurtech Foxquilt Launches E&O Product September 1, 2026 Small business focused insurtech Foxquilt said it has launched an admitted errors & omissions product with a rollout to 10...
Guy Carpenter Rebranded as Marsh Re September 1, 2026 By L.S. Howard Guy Carpenter, the reinsurance arm of Marsh, has been rebranded Marsh Re — retiring a name that has been in...
Amazon Sued by FTC Over Claims It Misled Advertisers on Pricing September 1, 2026 By Erik Larson, Spencer Soper and Josh Sisco The US Federal Trade Commission and 22 US states sued Amazon.com Inc. over claims the e-commerce giant systematically overcharged advertisers...
Russian-Speaking Cybercriminals Used SpaceX’s Cursor AI Tool to Hack 7 Companies September 1, 2026 By Raphael Satter Russian-speaking hackers used SpaceX’s AI coding assistant, Cursor, to help break in to a Belgian chemical company and at least...
Viewpoint: Subsidized Immigration Enforcement Insurance – What Could Go Wrong? September 1, 2026 By Jerry Theodorou On August 18 the Immigration and Customs Enforcement (ICE) agency announced a plan to provide subsidized personal liability insurance for...
Sony, Warner Music Sue Anthropic Over Songs Used in AI Training September 1, 2026 By Blake Brittain The music publishing branches of Sony Music and Warner Music have sued Anthropic in California federal court for allegedly misusing...
KKR Scores Windfall in $17 Billion Sale of USI Insurance August 31, 2026 By Allison McNeely and Steve Dickson KKR & Co. is set to reap a $3.3 billion windfall from its deal to sell USI Insurance Services to...
US Expanding Long-Range Commercial Drone Testing Program August 31, 2026 By Allyson Versprille The US government is expanding a program for testing out drones in real-world scenarios, focusing on more advanced use cases...
FTC Probing YouTube Over Social Media Policies August 31, 2026 By Leah Nylen and Josh Sisco The US Federal Trade Commission has been investigating whether Alphabet Inc.’s YouTube violated consumer protection laws when it suspended the...