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Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI
May 22 2026 // Acrisure’s CEO told employees that about 2,250 of them won’t be with the company by the end of 2027. The Grand Rapids, Michigan-based global broker is planning to reduce its headcount by about 11%, mostly in...
New York Issues Cybersecurity Tips for a ‘Heightened Threat’ Climate With AI
May 22 2026 // Citing a need for the financial services industry to be prepared for increased cybersecurity threats, New York’s regulator has issued new guidance. The guidance from the New York State Department of Financial...
Shareholders Press Big Tech Over AI Energy Use and Climate Goals
May 22 2026 // Activist investors are pushing technology companies to explain how they’re reconciling surging electricity demand for AI with their climate commitments. Shareholders at Amazon.com Inc. voted on a proposal asking the...
Trump to Sign Order on AI Oversight as Security Fears Mount Among Supporters
May 21 2026 // U.S. President Donald Trump is expected to sign an executive order on AI and cybersecurity as soon as Thursday, two sources familiar with the matter told Reuters, as pressure grows from parts of his political base to...
Viewpoint: Insurers Cautiously Navigate the Next Steps in AI Adoption
May 21 2026 // As more and more companies embed AI into select functions, only a portion indicate that they have used AI to change how an overall enterprise runs. It illustrates one of the key takeaways drawn from a recent industry...
Bank CEOs’ AI Obsession Collides With Warning From Watchdogs
May 21 2026 // As bank executives increasingly tout the promise of artificial intelligence to slim down workforces, regulators are warning them not to get carried away. The European Banking Authority, the rulemaker for financial firms...
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