A group of state attorneys general wrote to the US Securities and Exchange Commission and major credit-rating firms, raising concerns about the use of environmental, social and governance factors in downgrade decisions. The officials from 23 Republican-led states, which include …
Red-State AGs Call Out Credit-Rating Companies Over ESG Read More »
According to thousands of human resources and risk professionals surveyed by Marsh, inadequate cyber threat literacy ranks as the number one risk to people. It makes sense, since human error continues to be a top cause of cyber losses. Phishing …
Cyber Threat Literacy, AI Disruption Top Risks to an Organization’s People Read More »
Portugal’s government on Tuesday announced a 22.6 billion euro ($26.5 billion) investment program to roll out over nine years, aimed at mitigating risks including climate change and power outages. The plan was initiated after severe storms hit central mainland Portugal …
Portugal Launches $26.5 Billion Resilience Plan After Storms and Blackout Read More »
Family members of victims of one of Canada’s deadliest mass shootings sued OpenAI and its CEO Sam Altman in U.S. court on Wednesday, alleging the company identified the shooter as a credible threat eight months before the attack but did …
Families of Canadian Mass Shooting Victims Sue OpenAI in US Court Read More »
A controversial proposal in California to temporarily increase taxes on billionaires has enough signatures to qualify for the November ballot, a labor union backing the measure said. The proposal, backed by the Service Employees International Union Healthcare Workers West, would …
Billionaire Tax Proposal in California on Track to Qualify for Ballot, Say Backers Read More »
The Doctors Company made several leadership appointments to add its medical professional liability operations. Todd Zeiter has been promoted to chief underwriting officer. He has amassed an underwriting and reinsurance background and nearly three decades at The Doctors Company. He …
The Bucks County district attorney announced criminal charges against the owner and operator of Advanced Public Adjusters. Greg A. Micucci, of Bristol, is accused of misappropriating approximately $140,000 in insurance claim funds intended for nine victims and their contractors. The …
Public Adjuster Charged with Stealing $140K in Insurance Payouts Read More »
A cyberattack that stole $4.8 million in taxpayer money has spurred a New Jersey suburb to issue short-term debt as officials try to recover the funds. Spotswood, located roughly 40 miles outside New York City, was targeted by hackers last …
Cyberattack on NJ School Forces Debt Sale to Cover Stolen Funds Read More »
Three Brown University students injured in a shooting on the school’s Providence, Rhode Island campus last December have filed negligence lawsuits alleging that the Ivy League school ignored warnings about the shooter and failed to provide adequate security. Eleven people …
Brown University Sued for Negligence by Students Injured in Shooting Read More »
Allstate Corp. first quarter 2026 net income applicable to common shareholders more than quadrupled compared with the same time a year ago, due to a large gain in underwriting income. Net income was $2.4 billion for Q1 versus $566 million …
Allstate Q1 Net Income Skyrockets on Underwriting Gains Read More »
