The U.S. Equal Employment Opportunity Commission alleges in a lawsuit that an Ohio medical facility violated federal law by subjecting a Jewish orthopedic surgeon to unfavorable terms and conditions of employment and firing him because of his religion and race. …

A Singapore court appointed KPMG restructuring executives to take charge of Radiant World on Thursday, granting an application by creditor Mizuho Bank Ltd., which has accused the trader of alleged fraud linked to iron ore receivables. The decision removes Radiant …

A grand jury in Tennessee this week indicted a funeral home owner on insurance fraud, theft, elderly exploitation and abuse-of-a-corpse charges after a months-long probe by the Tennessee Bureau of Investigation. Chadrick Mundy, 37, was booked into jail in Fentress …

Private equity firm Hellman & Friedman is exploring a sale of insurance software provider Applied Systems that could value the company at up to $10 billion, according to people familiar with the matter. The private equity firm is working with …

A hurricane watch has been issued for Hawaii’s Big Island as Tropical Storm Nolo strengthens south of the island chain. Nolo, with top winds of 40 miles (64 kilometers) per hour was 500 miles south of Honolulu and on a …

Early this year, Insurify caused a stir when it began what was thought to be the first insurance app with ChatGPT’s Open AI. In fact, the news momentarily shook the S&P 500 Insurance index. On Sept. 23, the online insurance …

Boston-based Plymouth Rock Assurance Corp. named Chris Taylor as president and chief executive officer. He will lead Plymouth Rock’s Independent Agency Group, effective October 12. Taylor brings personal lines leadership experience to the role, most recently as vice president and …

Communications failures that snarled hundreds of flights across the Northeast on Monday have put the spotlight back on the aging systems that air traffic controllers rely on in the U.S. Congress already handed the Federal Aviation Administration $12.5 billion last …

New Zealand’s cyber security agency said China was the country’s most persistent and capable state-backed cyber threat, as foreign actors targeted government agencies and organizations in sectors including health, education and information technology. The National Cyber Security Centre (NCSC), part …

A powerful coastal storm is building off the Northeast, threatening to bring torrential rain across parts of eastern Massachusetts and raising flood risks to New York City, New Jersey and Washington, DC into the weekend. The Nor’easter system is forecast …

Companies must prepare for successful attacks on critical power infrastructure as both physical and cyber threats continue to increase, the CEO of E.ON, Europe’s largest operator of energy grids, said on Thursday. “Attacks on our grids are increasing significantly,” Leonhard …

PB Fintech Ltd. led a slide in shares of Indian insurers, distributors and lenders on Thursday, after the insurance regulator proposed caps on commissions and tighter management expenses. Temasek-backed platform operator PB Fintech sank a record 36%, the biggest slide …

An OpenAI model hacked an Australian government website earlier this year, marking one of the first known cyberattacks by artificial intelligence on a government database. The AI system gained unauthorized access to files on a website for reporting healthcare statistics, …

Tesla’s FSD automated-driving system frequently exceeded speed limits and attempted to overtake cyclists on streets where it’s prohibited, a road-safety advocacy group said, citing tests it conducted in Belgium. The Belgian group Johanna.be – which advocates for pedestrian and cyclist …

The secretary general of the United Nations stepped up his calls for regulation of AI to avert a dystopian future of rampant corporate power and killer robots. Antonio Guterres used his final address to world leaders at the UN General …

CFC announced the launch of affirmative AI coverage within its intellectual property policy. AI is transforming how businesses create, develop and commercialize intellectual property. However, the legal framework governing the relationship between AI and IP remains fragmented and continues to …

Huntington T. Block Appoints Schaffer as Senior VP of Fine Art Insurance Huntington T. Block Insurance Agency Inc., the oldest and largest insurance broker dedicated to fine art and musical instrument insurance in the U.S. and a subsidiary of Aon …

The founder of the trust and safety team at Alphabet’s Google this week called for a slowdown in AI development, warning that the tech industry was repeating the same mistakes from the social media era, potentially causing even greater harm …

The number of independent insurance agencies fell slightly from 39,000 in 2024 to 37,000 in 2026. Good news is that most independent agencies reported profitability across both personal and commercial lines, with significantly fewer agencies reporting revenue decreases compared to …

The push for a clearinghouse for Citizens Property Insurance commercial policies appears to have hit a snag with little time to spare before a January deadline mandated by Florida statute. “I looked at the numbers and the numbers make no …