23 06, 2026

Space Startups Seek Insurance for Orbital AI Data Centers

By | June 23rd, 2026|Uncategorized|Comments Off on Space Startups Seek Insurance for Orbital AI Data Centers

Space companies have spoken with insurers about coverage for orbital AI data centers, a sign of early progress for an experimental industry backed by Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin. The concept of data center satellites — designed …

23 06, 2026

Lawsuit Says Gas Stations Using AI to Inflate Prices in California

By | June 23rd, 2026|Uncategorized|Comments Off on Lawsuit Says Gas Stations Using AI to Inflate Prices in California

A group of California consumers claimed in a lawsuit that gas station owners including Walmart Inc., Marathon Petroleum Corp., BP Plc and 7-Eleven Inc. are using artificial intelligence to illegally manipulate pump prices in the state that already has the …

22 06, 2026

Tanker Traffic Through Hormuz Picks Up After Slower Flows Due to Crossing Concerns

By | June 22nd, 2026|Uncategorized|Comments Off on Tanker Traffic Through Hormuz Picks Up After Slower Flows Due to Crossing Concerns

Oil and liquefied natural gas tankers sailed through the Strait of Hormuz on Monday, in a sign of traffic slowly picking up after Iran said it had again closed the waterway over the weekend, shipping data showed. Iran lifted its …

22 06, 2026

Carlyle Rethinks Portfolio Risk to Give Weather Insurance a Bigger Role

By | June 22nd, 2026|Uncategorized|Comments Off on Carlyle Rethinks Portfolio Risk to Give Weather Insurance a Bigger Role

Carlyle Group Inc. is unveiling a new framework for portfolio risk so that asset values reflect the insurance implications associated with severe weather shocks. The $475 billion Washington-based firm says the current standard — whereby money managers are reactive rather …

24 06, 2026

Supreme Court Ends Suit Alleging Cisco Helped China Pursue Falun Gong

By | June 24th, 2026|Uncategorized|Comments Off on Supreme Court Ends Suit Alleging Cisco Helped China Pursue Falun Gong

The U.S. Supreme Court further limited the reach of a federal law used to hold corporations liable for human rights abuses committed abroad, as it issued a ruling on Tuesday ending a lawsuit by members of the Falun Gong movement …

22 06, 2026

IMA Latest to Sue Howden Over Alleged Employee Poaching

By | June 22nd, 2026|Uncategorized|Comments Off on IMA Latest to Sue Howden Over Alleged Employee Poaching

Howden is being sued again, this time by IMA Financial Group. IMA said in a federal lawsuit filed in U.S. District Court in Oregon that its former employer, Alexander Hamilton, allegedly conspired with Howden US to “orchestrate the coordinated resignation …

22 06, 2026

People Moves: Eason Hired by WTW to Strengthen Actuarial Data Science Capabilities

By | June 22nd, 2026|Uncategorized|Comments Off on People Moves: Eason Hired by WTW to Strengthen Actuarial Data Science Capabilities

WTW announced the appointment of Lizzie Eason as director and actuarial data scientist within its pricing, product, claims and underwriting (PPCU) consulting team in North America, effective June 15, 2026. Eason will support PPCU clients and prospects by developing integrated …

23 06, 2026

Workday Must Face California Lawsuit Over AI Bias in Job Screening Tools

By | June 23rd, 2026|Uncategorized|Comments Off on Workday Must Face California Lawsuit Over AI Bias in Job Screening Tools

Workday must face claims that its popular AI-powered human resources software weeded out job applicants at other companies in ways that violated California law and a federal ban on discrimination against workers with disabilities, a federal judge ruled on Monday. …

22 06, 2026

Carlyle Rethinks Portfolio Risk to Give Weather Insurance a Bigger Role

By | June 22nd, 2026|Uncategorized|Comments Off on Carlyle Rethinks Portfolio Risk to Give Weather Insurance a Bigger Role

Carlyle Group Inc. is unveiling a new framework for portfolio risk so that asset values reflect the insurance implications associated with severe weather shocks. The $475 billion Washington-based firm says the current standard — whereby money managers are reactive rather …

22 06, 2026

Inszone Still on a Tear With Acquisition of Georgia Agency

By | June 22nd, 2026|Uncategorized|Comments Off on Inszone Still on a Tear With Acquisition of Georgia Agency

Inszone Insurance Services, based in Sacramento, California, has continued its tear of mergers this year, most recently with the acquisition of Sanford, Bruker & Banks agency in Georgia. Sanford, Bruker, with offices in the Augusta area, is one of the …