17 09, 2026

100 Years After Miami Hurricane, Similar Storm Would Top $200B in Losses—Swiss Re

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The Atlantic has been pretty quiet so far this season, but one system east of Bermuda could soon develop into a tropical storm, the National Hurricane Center said Thursday. If the storm were to develop into a Category 5 hurricane …

17 09, 2026

GE Vernova, Vineyard Wind Settle Legal Battle Over New England Wind Farm

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Wind farm developer Vineyard Wind said on Wednesday it had resolved a legal dispute arising from turbine supplier GE Vernova’s effort to walk away from its $4.5 billion project in New England over claims it was owed more than $300 …

17 09, 2026

DOJ Wants States to Post Bond Over Paramount Deal Challenge

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The US Justice Department is urging a federal judge to order the states and trade union challenging Paramount Skydance Corp.’s $110 billion takeover of Warner Bros. Discovery Inc. to post a bond to cover any potential late fees that result …

17 09, 2026

AIG’s Hancock to Retire as Head of General Insurance

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Jon Hancock, CEO of General Insurance at American International Group (AIG), will retire at the end of the year. The announcement is the newest change for AIG’s C-suite, which experienced a shake-up leading to Hancock’s latest role with the company. …

17 09, 2026

Torrential Rain Brings Deadly Floods Back to East Coast of Spain

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Torrential rain lashed the east coast of Spain, flooding roads and leaving at least one person dead. The heavy rainfall started Wednesday in Valencia and Catalonia, reviving fears of a repeat of the devastating floods that killed more than 200 …

17 09, 2026

Markets/Coverages: Beazley Confirms Affirmative AI Cyber; CFC Strengthens FI Suite With Upgrades, Affirmative AI Cover

By | September 17th, 2026|Uncategorized|Comments Off on Markets/Coverages: Beazley Confirms Affirmative AI Cyber; CFC Strengthens FI Suite With Upgrades, Affirmative AI Cover

Beazley Confirms Affirmative AI Cyber Cover Beazley on Sept. 17 confirmed affirmative artificial intelligence cover in its cyber and tech E&O policies. As businesses adopt AI and cyber criminals increasingly use it to magnify the scale and speed of their …

17 09, 2026

Hershey Defeats Reese’s Lawsuit Over Halloween Pumpkins That Lacked ‘Cool’ Carvings

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Hershey won the dismissal of a lawsuit claiming it let down consumers because its Halloween-themed Reese’s pumpkins lacked the decorative carved designs shown on the packaging. U.S. District Judge Melissa Damian in Miami said the two Florida residents leading the …

17 09, 2026

Morgan & Morgan Plans to Spend $1B on its Own AI Platform in Coming Years

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Morgan & Morgan, which has called itself the largest U.S. injury law firm with offices in all states, plans to spend $1 billion on artificial intelligence and other legal technology over the next decade. It already has spent $300 million …

17 09, 2026

EPIC Acquires Michigan’s Korotkin Insurance Group

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EPIC Insurance Brokers & Consultants has acquired Korotkin Insurance Group, a fifth-generation independent brokerage with over a century of operational history in Michigan. KIG brings a strong regional presence and specialized expertise across multiple industries and client segments to EPIC’s …

17 09, 2026

White House Weighs US Incubator for Cyber Research, Startups

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The Trump administration is weighing a plan to establish a government-led incubator aimed at investing in cybersecurity research and spinning out startups focused on developing tools for the government to use, according to people familiar with the situation. The White …