Insurance software maker Guidewire said on Tuesday it would buy hyperexponential for $1.7 billion in cash and up to $400 million more if revenue targets are met, to expand into AI tools that help insurers assess price and risk. London-based …
Iran’s Persian Gulf Strait Authority said it would take “legal action” against tankers belonging to Sinokor, the world’s biggest oil tanker owner that has carried millions of barrels out of the Strait of Hormuz in recent weeks. “The vessels belonging …
The chief executive of Six Flags says the company will install seat belts on the Georgia roller coaster from which a rider fell to his death earlier this month. The company’s rides with similar restraints will also get the safety …
Florida is suing the climate-risk modeling firm First Street Technology Inc., accusing it of penalizing state homeowners with risk scores based on flawed science. Filed Oct. 23, the lawsuit highlights growing pushback against the scores, which are intended to give …
Private plaintiffs’ lawyers stand to collect up to $1.27 billion from New Mexico if the state’s $25 billion court win against Meta Platforms this week is upheld, according to a Reuters review of a contract with the state. New Mexico …
In the warming Florida market, post-legislative reforms, much of the focus has been on homeowners’ property insurance rates. But one segment has been overlooked to a degree: multifamily dwellings, a category that includes everything from duplexes and fourplexes to big …
Even as automated vehicles such as robotaxis grow more prevalent in the U.S., almost every mass transit system still requires a driver or operator on board. Two major cities are seeking to change that. Officials in Washington, D.C., recently advanced …
Global firms and governments rushed on Thursday to patch critical flaws in the PHP programming language that underpins much of the internet, as cloud firms reported a surge of hacking attempts after the vulnerabilities were disclosed. The push came after …
Assicurazioni Generali SpA plans to reduce around 9% of its workforce in Germany and downsize locations as part of a simplification effort in the European country. Generali plans to set up five regional centers in Munich, Cologne, Karlsruhe, Hamburg and …
Japanese companies are moving to pay compensation to users following waves of cyberattacks that have disrupted internet services and raised concerns about economic stability. GMO Internet Group, a leading provider of online financial services, said customers would be compensated for …