Amwins, the specialty insurance broker headquartered in Charlotte, said it has acquired Applied Risk Capital, a Miami-based managing general agent specializing in credit insurance for the leveraged financial market. ARC was founded in 2019 and provides credit insurance plans for …
Amwins Adds Credit Insurance With Purchase of Miami-based ARC MGA Read More »
Citadel’s planned office tower in Miami’s Brickell neighborhood — long expected to cost more than $1 billion — will probably be closer to $2.5 billion with construction likely to begin mid-to-late next year, founder and Chief Executive Officer Ken Griffin …
Cost of Citadel’s Planned Miami Tower Surges to $2.5 Billion Read More »
OpenAI and Anthropic are exploring the use of investor funds to settle potential multibillion-dollar lawsuits, the Financial Times reported on Wednesday. Copyright owners have launched a series of high-stakes lawsuits against tech firms, including OpenAI, Microsoft, and Meta Platforms, alleging …
OpenAI, Anthropic Eye Using Investor Funds to Settle AI Copyright Lawsuits, FT Reports Read More »
State agents have so far found no evidence that a fire that destroyed a judge’s home on a South Carolina island was intentionally set, the state’s top law enforcement official said Monday. The Saturday blaze nearly burned to the ground …
SC Law Enforcement Says No Arson Evidence in Fire That Destroyed Judge’s Home Read More »
As broader adoption of AI technologies continues to accelerate, companies that implement more advanced Responsible AI (RAI) measures are pulling ahead while others stall. According to the second Responsible AI (RAI) Pulse survey from the EY organization, four in five …
Responsible AI Deployment Linked to Better Business Outcomes: EY Read More »
This edition of International People Moves details appointments at Acrisure Re in Brazil and the Bermuda-based re/insurer Vantage Risk. A summary of these new hires follows here. Acrisure Re Taps Ximenez From Lockton to Lead Newly Formed Brazil Unit Acrisure …
Specialist Risk Group (SRG), the London-based insurance intermediary, announced the formation of a new team in its International pillar, who will work with global clients and brokers to place insurance programs for UK subsidiaries of overseas corporates, providing access to …
Specialist Risk Group Launches Int’l Team to Help Clients Access UK/London Capacity Read More »
Britain’s motor finance industry is on the hook for 8.2 billion to 9.7 billion pounds ($11 billion-$13 billion) to compensate consumers for unfair car loans, the regulator said on Tuesday, in plans that point to a lower bill than the …
UK Car Finance Industry Faces $11 Billion-$13 Billion Mis-Selling Hit Read More »
Tropical Storm Jerry formed in the Atlantic east of the Caribbean, becoming the 10th system in the 2025 hurricane season. Jerry, with top winds of 45 miles (72 kilometers) per hour, was about 1.315 miles east of the Caribbean Leeward …
Tropical Storm Jerry Is 10th Storm in Atlantic Hurricane Season Read More »
Qilin, a ransomware group with a track record of cyberattacks on major entities around the world, claimed responsibility on Tuesday for a hack on Japan’s Asahi Group Holdings 2502.T that disrupted production at the beer and beverage giant. Asahi Group’s …
Japan’s Asahi Hack That Halted Beer Production Claimed by Qilin Ransomware Group Read More »
