9 10, 2025

Musk’s X Settles Ex-Twitter Executives’ $128 Million Severance Pay Lawsuit

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Elon Musk and X Corp have reached a settlement in a lawsuit by four former top executives at Twitter, including former CEO Parag Agrawal, who claim they were not paid $128 million in promised severance pay after Musk acquired the …

9 10, 2025

People Moves: GEICO Names Orpello CMO; O’Donnell Joins Howden US as Head of Logistics

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GEICO Names Orpello Chief Marketing Officer GEICO, headquartered in Chevy Chase, Maryland, named Arianna Orpello as its new chief marketing officer, reporting to Chairman, President and CEO Todd Combs. Orpello, who will join the company on Jan. 5, 2026, will …

9 10, 2025

French Wine Output to Fall Below 2024 After Fires Ravage Vines

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France further cut its estimate for this year’s wine production, putting output below 2024’s historically low level, after summer heat waves and wildfires hit vineyards. With the grape harvest nearly complete, output is now seen at 36 million hectoliters, the …

9 10, 2025

Tokio Marine Weighs More Than $10 Billion of International M&A

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Tokio Marine Holdings Inc., Japan’s top property and casualty insurer, could spend more than $10 billion on acquisitions to boost its international business, according to Brad Irick, who co-heads the unit. The firm, which generates about 80% of its overseas …

9 10, 2025

Bank of England Says Soaring AI Valuations Risk Sharp Market Correction

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Stretched valuations for artificial intelligence companies and challenges to the Federal Reserve’s independence have fueled the risks of a “sharp market correction,” the Bank of England said on Wednesday. In its quarterly financial stability update, the UK central bank said …

9 10, 2025

World Is Far More Ablaze Now With Damaging Fires Than in 1980s: Study

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Earth’s nastiest and costliest wildfires are blazing four times more often now than they did in the 1980s because of human-caused climate change and people moving closer to wildlands, a new study found. A study in the journal Science looks …

9 10, 2025

People Moves: Liberty Specialty Markets Promotes Nelson as Active U/W for Syndicate 4472; Westfield Specialty Int’l Taps Faraday’s Richardson to Lead Open Market Property

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This edition of International People Moves details appointments at Liberty Specialty Markets and Westfield Specialty International. A summary of these new hires follows here. Liberty Specialty Markets Promotes Nelson as Active U/W for Syndicate 4472 Liberty Specialty Markets (LSM), part …

9 10, 2025

CyberCube Gains a New $180M Investor in Spectrum Equity

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Cyber risk modeler CyberCube has gained a new investor to support its long-term growth. The software-as-a-service cyber risk analytics provider said Spectrum Equity is investing more than $180 million, subject to regulatory approvals. It equity firm with join ForgePoint Capital, …

9 10, 2025

Lyft Plans Fleet of Hundreds of Tensor Robocars Starting in 2027

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Lyft Inc. is partnering with autonomous vehicle developer Tensor Auto Inc. to deploy a fleet of hundreds of robotaxis in Europe and North America starting in 2027. The ride-hailing company will additionally make its platform available on all Tensor vehicles, …

9 10, 2025

FurtherAI Raises $25M to Alleviate Insurance Industry’s ‘Busywork’ Burden

By | October 9th, 2025|Uncategorized|Comments Off on FurtherAI Raises $25M to Alleviate Insurance Industry’s ‘Busywork’ Burden

San Francisco-based insurance AI start up FurtherAI announced a $25 million Series A funding round led by Andreessen Horowitz to improve insurance workflows through AI. Claiming that those who run the $7 trillion insurance industry are “doing trillion-dollar work with …