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U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank CEOs this week to warn of cyber risks posed by Anthropic’s latest artificial intelligence model, two sources familiar with the matter said on …

A judge threw out Donald Trump’s $10 billion libel suit against the Wall Street Journal and parent company News Corp., dealing a blow to the president’s ongoing campaign of litigation against the media. The decision Monday in federal court in …

The U.S. blockade on vessels entering or leaving Iranian ports adds to uncertainty over shipping through the Strait of Hormuz, which has been all-but-shut since the start of the Iran war. Ordinarily, roughly one fifth of global oil and gas …

After a key setback in the first trial of its kind before a federal jury, Uber is expected to return to court on Tuesday to face a second woman’s claims that she was sexually assaulted by a driver she booked …

Soaring demand for insurance coverage related to data center construction is creating a “meaningful growth opportunity” for the industry, outstripping some traditional insurance markets, according to S&P Global Ratings. The market for such coverage could reach $10 billion in premiums …

Austria’s economic model has long been anchored in Alpine water flowing through turbines to generate power for homes and businesses, but as climate change redraws the country’s hydrological map, it faces a structural shift and geopolitical tensions have heightened the …

Florida regulators have extended their supervision of American Mobile Insurance Exchange for another 120 days—for the sixth time in two years—suggesting that a runoff of the once-dominant carrier’s policies may be taking longer than expected in a still-stressed Florida mobile …

California has one of the largest flood insurance coverage gaps in the country, a new report shows. Neptune Flood released a new report showing residential flood insurance penetration across the state is 1.4%, despite 2.3 million properties facing flood risk …

Federal disaster assistance has been made available for Washington residents impacted by the December 2025 floods. The Federal Emergency Management Agency made aid is available to people in the counties of Chelan, Grays Harbor, King, Lewis, Pacific, Pierce, Skagit, Snohomish, …

Pennsylvania regulators have approved a decrease of 1.22% in loss costs for workers’ compensation insurance effective April 1. New or renewed policies issued on or after that date will reflect the updated loss costs. Because loss costs are factored into …

The Connecticut Senate has confirmed Josh Hershman as the state’s 34th insurance commissioner. Hershman has served as commissioner in an interim capacity since December 2025, replacing Andrew N. Mais who retired from state service last year after nearly seven years …

In a case involving a rental car hit by an uninsured motorist, the Connecticut Supreme Court has ruled that the auto insurance policy of the driver that extended bodily injury coverage to the rental car must also provide uninsured motorist …

Officials in Union Township, New Jersey released the identity of the individual killed during Saturday night’s shooting at Chick-Fil-A on Route 22. The deceased has been identified as Malek Shepherd, age 23, of New York City, according to the Union …

Everest’s Izzo Joins AXIS as Chief Commercial Officer AXIS Capital Holdings Limited, headquartered in Pembroke, Bermuda, appointed Anthony Izzo as chief commercial officer. Izzo will report directly to Vince Tizzio, President and CEO of AXIS, and will work out of …

A jury in Chicago said Abbott Laboratories must pay $70 million in damages to a group of families that had accused the company of failing to warn that its formula for premature infants can cause a potentially deadly bowel disease, …

Lululemon Athletica Inc. fell in New York trading Monday after the Texas attorney general said his office is investigating for the presence of so-called “forever chemicals,” which have been linked to health problems, in the yogawear brand’s apparel. “Emerging research …

Bamboo Insurance launched a new condominium unit‑owners (HO‑6) insurance policy in California. The product is designed to address the insurance needs of condominium owners in the state, where coverage requirements often involve coordination between individual unit policies and homeowners association …

In the first outcome of the U.S. Department of Justice’s Civil Rights Fraud Initiative, IMB has agreed to about $17 million to settle charges related to the company’s diversity, equity, and inclusion (DEI) practices. “Racial discrimination is illegal, and government …

DUAL has significantly strengthened the scope of its global cyber and technology capabilities, offering increased primary limits for risks with revenues up to £1 billion and enhanced excess limits for risks up to £5 billion. Backed by a number of …

China’s biggest insurer Ping An Insurance Group is seeking to reduce software-focused private equity exposure by selling its stakes in some funds, according to people familiar with the matter. The insurer has tapped Campbell Lutyens to offload stakes worth about …