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Markets/Coverages: Insurtech Foxquilt Launches E&O Product

Sep 1 2026 // Small business focused insurtech Foxquilt said it has launched an admitted errors & omissions product with a rollout to 10 states starting in September. E&O is Foxquilt’s second admitted product in the U.S....

Russian-Speaking Cybercriminals Used SpaceX’s Cursor AI Tool to Hack 7 Companies

Sep 1 2026 // Russian-speaking hackers used SpaceX’s AI coding assistant, Cursor, to help break in to a Belgian chemical company and at least six other firms earlier this year, according to data reviewed by Reuters and reports...

Sony, Warner Music Sue Anthropic Over Songs Used in AI Training

Sep 1 2026 // The music publishing branches of Sony Music and Warner Music have sued Anthropic in California federal court for allegedly misusing their copyrighted song compositions to train its Claude AI models. Sony and Warner said in...

AI-Driven Cyber Risk Is Top Concern for Global Financial Stability, Watchdog Says

Aug 31 2026 // Financial Stability Board Chair Andrew Bailey said on Monday that the impact of AI on cyber risk was the most immediate concern for the global financial system, saying the technology could change the speed, scale and...

As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies

Aug 31 2026 // Cyber insurers have spent years defining what constitutes a hack and when coverage should pay out, but the rapid emergence of AI agents is raising new questions, forcing insurers to review their policies. Leading AI...

Major Tech Companies Call for Defensive Surge to Defeat AI-Driven Hacks

Aug 31 2026 // Major tech companies including OpenAI, Anthropic, Microsoft, Alphabet and Amazon are calling for a society-wide defensive surge to defeat what they describe as an impending wave of hacks driven by artificial...

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