AM Best: US Mutual Insurers Doubled Net Income in 2025 September 25, 2026 By Chad Hemenway Total net income for U.S. property/casualty mutual insurers doubled compared to 2024 to about $42.6 billion in 2025 as underwriting...
Hurricane Nolo Threatens Hawaii With Catastrophic Flooding September 25, 2026 By Brian K. Sullivan and Mary Hui Hurricane Nolo is threatening Hawaii, a state already raked by multiple natural disasters since March that have caused hundreds of...
First US Trial Against TikTok to Test Claims Platform Fueled Teen Mental Health Crisis September 25, 2026 By Diana Novak Jones An Alabama jury will hear the state’s claims that TikTok and its Chinese parent company ByteDance made the platform addictive...
Crypto Exchange Bitget Says Hackers Stole $352 Million September 25, 2026 By Suvashree Ghosh Crypto exchange Bitget reported an estimated $351.6 million in unauthorized transfers from some of its wallets and temporarily suspended withdrawals....
Insurance Australia Group Settles $2B Credit Suisse Lawsuit Over Greensill Collapse September 25, 2026 Insurance Australia Group (IAG) said on Friday it had agreed to settle an A$2.8 billion ($1.96 billion) Credit Suisse lawsuit...
People Moves: Garcia Joins InsurBanc as President and CEO September 25, 2026 InsurBanc, headquartered in Farmington, Connecticut, named Lou Garcia as president and CEO. Garcia brings more than 25 years of leadership...
Markets/Coverages: Beazley Expands Cyber Protection for AI; Huntersure Launches Media E&O September 25, 2026 Beazley announced new cyber cover to support businesses manage the risks arising from their own use of AI. Beazley’s latest...
Here Are Some AI Doomsday Scenarios Researchers Say Could Put Humanity at Risk September 25, 2026 By Barbara Ortutay and Kelvin Chan For years, artificial intelligence researchers have warned of ways the technology could wipe out humanity: AI bots could design an...
Singapore’s Finance Firms to Train 80,000 Staff in AI Skills September 25, 2026 By Rthvika Suvarna Singapore’s major financial institutions pledged to train more than 80,000 local employees in AI skills as the country moves to...
Cybersecurity Stocks Are So Hot Investors Question Staying Power September 25, 2026 By Ryan Vlastelica Shares of cybersecurity companies have soared in recent months on bets that the threats posed by cutting-edge AI models will...