Broker WTW Beats Q2 Profit Estimates on Robust Product Demand July 31, 2025 Willis Towers Watson beat Wall Street estimates for second-quarter profit on Thursday, driven by a strong performance in its risk...
AI, Crypto Securities Class Actions on Track for Highs in 2025: Cornerstone July 31, 2025 Overall numbers of securities class actions filed in the first half of 2025 are in line with last year, but...
Markel Insurance Selling Reinsurance Renewal Rights to Nationwide July 31, 2025 Markel Insurance is running off its global reinsurance business and selling renewal rights to the $1.2 billion book to Nationwide,...
Viewpoint: ‘AI Action Plan’ Does Not Address AGI, Superintelligence, or Alternate Intelligence July 31, 2025 By Vincent J. Vitkowsky On July 23, 2025, the White House released its policy document entitled Winning the Race: America’s AI Action Plan. The...
Dating Advice App Tea Suspends Messaging After Breaches July 31, 2025 By Raphael Satter The women-only U.S. dating advice app Tea has suspended direct messaging following a series of security breaches that exposed its...
Allstate Q2 Income Eclipses $2B as Auto Turns in Combined Ratio of 86 July 31, 2025 By Chad Hemenway Allstate Corp. second quarter 2025 net income applicable to common shareholders was about $2.1 billion, far exceeding the $301 million...
Verisk’s $2.35B Buy of AccuLynx ‘Natural Fit’ for Claims Management Solutions July 30, 2025 By Chad Hemenway Insurance data analytics and technology firm Verisk said it has an agreement in place to acquire AccuLynx, a software-as-a-service platform...
Palo Alto Networks Reaches $25 Billion Deal for CyberArk July 30, 2025 By Liana Baker and Jake Bleiberg Palo Alto Networks Inc. agreed to buy CyberArk Software Ltd. in a cash-and-stock deal valuing the Israeli cybersecurity company at...
Fermi National Accelerator Laboratory Hit in Cyberattack Targeting SharePoint July 30, 2025 By Cameron Fozi The Fermi National Accelerator Laboratory, one of the Department of Energy’s 17 national labs, was attacked by hackers as part...
‘New Normal’ Sets in as Pace of Insurance Agency M&A Becomes Clear July 30, 2025 By Chad Hemenway Insurance agency mergers and acquisitions during the second quarter 2025 were up 11% over the prior quarter, but M&A activity...