California insurers will be required to assess how climate risks, artificial intelligence, cyber threats and other challenges could affect their financial strength over the coming decades. California Insurance Commissioner Ricardo Lara has finalized the Long-Term Solvency Planning Regulation, which also …
Munich Re Specialty announced its entry into the Australian primary specialty insurance market, providing property, construction & engineering, mining, and surety insurance products to commercial and mid-market clients. Munich Re Specialty said the launch of its Australian business further validates …
Traders have pulled billions from Binance since late last week, when the crypto exchange giant suffered the largest cyber theft in history. Net withdrawals from the platform reached $4.7 billion by Monday morning in London, according to a Binance spokesperson. …
The pilot of a private jet told air traffic controllers the plane was experiencing moderate turbulence and going through some precipitation just before it plummeted at 20,000 feet per minute and crashed into a residential area in Florida, killing all …
The North Korean group accused of the world’s largest-ever crypto heist is a state-sponsored collective of elite hackers, groomed from an early age to hunt for “big game.” Artificial intelligence has now provided them with a powerful new tool to …
Everspan Group, a specialty property/casualty insurance platform and wholly owned subsidiary of Octave Specialty Group, Inc., has agreed to sell the admitted shell company Providence Washington Insurance Co. (PWIC) to Rhode Island-based Falvey Insurance Group. New York-based Everspan said the …
Supermarkets in Belgium and Sweden reported sudden changes in the temperatures of their fridges and freezers on Monday, sparking fears of a cyberattack similar to those that recently occurred in France. Delhaize, which is owned by Dutch retailer Ahold Delhaize, …
On the eve of the midterm elections, there may be larger issues but none may approach the convergence of economic development, technology, politics, and local concerns quite like data centers. Certainly, data centers have become a steady rallying cry in …
The pilot of a private jet told air traffic controllers the plane was experiencing moderate turbulence and going through some precipitation just before it plummeted at 20,000 feet per minute and crashed into a residential area in Florida, killing all …
Driven by powerful winds, three wildfires burned rapidly through neighborhoods in Spokane, Wash. Crossing natural and constructed boundaries, the fires damaged or destroyed nearly 1,000 buildings, leaving families homeless and the community with years of recovery ahead. First responders prioritized …