Axa Braces for Loss of Paschi Contract as Italy Bank Deals Swirl October 16, 2026 By Claudia Cohen and Sonia Sirletti Axa SA expects to lose its distribution partnership with Banca Monte dei Paschi di Siena SpA next year, potentially putting...
IMF Chief: AI Risks May Exceed Opportunities Without Safeguards, Ethics Framework October 16, 2026 By Maria Martinez and Andrea Shalal The risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place,...
AI Credit Worries Send Default Insurance to Record High October 16, 2026 By Tom Westbrook and Amanda Cooper The cost of insuring against tech defaults struck record highs on Thursday, as investors rushed to hedge against the risk...
People Moves: OneShield Appoints Brown as Chief Insurance Officer October 16, 2026 Insurance technology company OneShield, headquartered in Marlborough, Massachusetts, appointed Terry Brown as chief insurance officer. In this newly created role,...
Cyber Rates Are Down, Risks Are Up but Small Businesses Slow to Adopt October 16, 2026 The commercial cyber insurance market is strong and growing, but small to midsize businesses may be falling behind as cybercriminals...
Broad AI Exclusions in Insurance Policies Could Create Uncertainty, Marsh CEO Says October 16, 2026 By Manya Saini A broad-based AI exclusion in insurance policies could create “real confusion and uncertainty,” Marsh CEO John Doyle said, calling for...
Viewpoint: Model Independence Is the AI Strategy Insurers Can’t Afford to Ignore October 16, 2026 By Sandeep Haridas Right now, many enterprises are approaching AI adoption like a vendor selection exercise. Which model should we partner with? Which...
CCC Intelligent Solutions Agrees to $6.1B Take-Private Deal with GTCR, Elliott October 16, 2026 By Milana Vinn CCC Intelligent Solutions said on Thursday it agreed to be acquired by a consortium of private investment firms led by...
All in the Family: Husband, Wife and Daughter Indicted for Insurance Fraud and Bribery October 16, 2026 Three members of a New Jersey family have been charged for their alleged roles in a homeowners’ insurance fraud scheme...
Anthropic Stands Alone as Rest of IPO Market Slows to a Crawl October 16, 2026 By Anthony Hughes and Bailey Lipschultz A cocktail of risks is threatening to stall the US IPO pipeline, leaving Anthropic PBC’s potential blockbuster debut as one...