UK Judge Warns of Risk to Justice After Lawyers Cited Fake AI-Generated Court Cases June 10, 2025 By Jill Lawless Lawyers have cited fake cases generated by artificial intelligence in court proceedings in England, a judge has said — warning...
Fitch Warns of Rising Mortgage-Bond Risk Due to Extreme Weather June 10, 2025 By Frances Schwartzkopff For analysts at Fitch Ratings, the recent demolition of a Swiss village by a glacier is fresh proof that climate...
Financier Lex Greensill Decries ‘Code of Silence’ Around SoftBank Deals June 10, 2025 By Jonathan Browning Financier Lex Greensill said there was a “code of silence” around a series of transactions with SoftBank Group Corp. to...
Howden Acquires Peruvian Reinsurance Broker Innova Re June 9, 2025 Howden, the London-based insurance intermediary group, announced it has acquired Innova Re, a market leading, independent reinsurance broker headquartered in...
Chevron CEO Warned Staff of Rising Safety Issues Before Fatal Angola Platform Fire June 9, 2025 By Sheila Dang Chevron CEO Mike Wirth told employees they needed to reinforce safety standards after a growing number of injury near-misses in...
South African Insurers to Face Climate Stress Test, SARB Says June 9, 2025 By Adelaide Changole South Africa’s central bank plans to expand its examination of climate risk to the insurance industry, as it seeks to...
Extreme Weather Is Stress-Testing India’s Infrastructure Drive June 9, 2025 By Apoorva Ajith Indian monsoons this year — the earliest onset since 2009 — damaged new public infrastructure across the country, putting pressure...
UK’s Visa Crackdown Leaves City of London Immigrants in Limbo June 9, 2025 By Meg Short One banker in the City of London is faced with paying an extra £40,000 a year in university fees for...
Credit Suisse, SoftBank Fight Over Greensill Losses in $440 Million London Lawsuit June 6, 2025 Credit Suisse’s $440 million London lawsuit against Japan’s SoftBank Group Corp. kicked off on Thursday over losses linked to Greensill...
New Zealand All Blacks Rugby Team Agrees Sponsorship Deal With Broker Gallagher June 6, 2025 By Tracy Withers New Zealand Rugby agreed a sponsorship deal with Gallagher insurance that will give the US-based insurance brokerage naming rights on...