The U.S. government proposed deep cuts to water supply for Arizona, California and Nevada during dry years in a new plan it released on Friday to operate the drought-stricken Colorado River. Lawsuits from states could challenge the federal intervention and …
OpenAI has discovered other instances in which autonomous agents have escaped containment as the company expands its investigation of the hacking incident at tech firm Hugging Face that drew global attention this month, two people familiar with the matter said …
New York officials sued prediction market platform Kalshi for potentially billions of dollars on Friday, calling it an “illegal, unlicensed gambling operation” that includes sports wagering as the state seeks to halt its operations and force the company to forfeit …
Maine is in the process of adjusting how it regulates the manufactured housing industry and helps support residents of mobile home parks. The changes come as a growing number of communities across the state have been purchased by out-of-state investors …
The claimed data reportedly includes employee-related records - and the incident adds to a pattern of insurers becoming a repeated target for ransomware groups
In the Silicon Valley enclave of Atherton, a six-bedroom, nine-bath mansion featuring a theater, a private rose garden and a spa hit the market earlier this year for nearly $32 million. It found a buyer within 72 hours, more than …
Two Carolina businessmen were charged with auto insurance fraud in separate schemes that involved made-up tow truck charges and windshields that were never replaced. In Myrtle Beach, South Carolina, state authorities last week charged John Angulo, 46, the owner of …
Europe’s biggest rivers, vital arteries for the region’s heavy industries, are drying up after the region was seared by a series of heat waves. As water levels in the Rhine and Danube fall toward record lows, that’s starting to disrupt …
Gallagher Re, the global reinsurance broking and advisory business of Arthur J. Gallagher & Co., has announced the appointment of Luc Morement as Managing Director, Facultative, APAC. Morement brings extensive regional experience in facultative reinsurance and a strong track record of working with clients and market partners across Asia-Pacific. In his new position, the executive […] The post Gallagher Re appoints Luc Morement MD, Facultative, APAC appeared first on ReinsuranceNe.ws.
J.P. Morgan, the global investment bank and financial services firm, believes the reinsurance market is likely to remain under pricing pressure into 2027, despite another year of strong underwriting profitability driven by relatively light natural catastrophe losses. In a new research report on the European reinsurance sector, J.P. Morgan said the current market backdrop leaves […] The post J.P. Morgan says reinsurance pricing unlikely to stabilise before 2027 appeared first on ReinsuranceNe.ws.
Plymouth Rock's new plugin lets homeowners bind a personalized quote without ever speaking to a producer - and it won't be the last carrier to try it
Amgen Inc. experienced a cyber incident that involved the theft of patient information and proprietary data stored in cloud servers, it said in a filing July 31, the latest large healthcare company to suffer a data breach. The drugmaker is …