Accenture to Buy Australian Cybersecurity Firm CyberCX for Reported $650 Million
Accenture said on Thursday it will buy Australian cybersecurity firm CyberCX in its largest-ever deal in the sector, with the Australian Financial Review valuing the transaction at more than A$1 billion ($650 million). A wave of devastating cyberattacks has battered …
PE Firm B.P. Marsh Invests in New Collateralized Reinsurer to Support Growth of XPT
B.P. Marsh & Partners Plc, the specialist private equity investor, announced it is investing in a new collateralized reinsurer that aims to support growth in its long-time investee company XPT Group, the U.S. wholesale insurance broking and underwriting agency platform. …
NFL Cannot Force Black Coach’s Racial Claims Into Arbitration, Says Appeals Court
The National Football League cannot force Minnesota Vikings defensive coordinator Brian Flores’ racial bias claims into an arbitration controlled by the league, a federal appeals court ruled on Thursday. In a 3-0 decision, the 2nd U.S. Circuit Court of Appeals …
Toxic Spill at China-Owned Zambian Mine 30 Times Worse Than Estimated
The partial collapse of a waste dam at a Chinese state-owned copper mine in Zambia may have released 30 times more toxic sludge into the environment than previously reported, according to an independent evaluation of the disaster. At least 1.5 …
Delivery Drones May Soon Take Off With New FAA Rule
Delivery drones are so fast they can zip a pint of ice cream to a customer’s driveway before it melts. Yet the long-promised technology has been slow to take off in the United States. More than six years after the …
Softening Continues for Most Commercial P/C Lines in Q2, Says CIAB
According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes in the second quarter 2025 rose by 3.7%–down from the average increase of 4.2% from the first three months of 2025. …
Third Point’s Dan Loeb Wins Vote to Turn London-Listed Fund Into Reinsurer
Dan Loeb has won a vote to turn his UK investment trust into a life and annuity reinsurance company, defying a fierce backlash from some shareholders. A majority of investors backed a plan for London-listed Third Point Investors to acquire …
Rising La Niña Odds Point to More Hurricanes in the Atlantic
The world may be about to shift into a La Niña weather pattern, a development that would increase the risk of storms in the Atlantic as the height of hurricane season approaches there. Forecasters at the US Climate Prediction Center …
Florida Peninsula Files for 8.4% Cut in HO Rates, 12% Drop in Condo Owners’
Florida Peninsula Insurance Co., the ninth-largest property insurance carrier in the state with some 189,000 policies in force, announced it had filed for some of the largest rate decreases since landmark legislative changes were enacted two years ago. The Sarasota-based …
Son Cashed Mom’s Workers’ Compensation Checks After She Died
A Port Jervis, New York man recently entered a guilty plea to charges he collected more than $42,000 in workers’ compensation benefits issued to his deceased mother. New York State Inspector General Lucy Lang announced the July 31 guilty plea …
Brightstone Specialty Acquires RMS Hospitality and Fortis Risk
Michigan-based Brightstone Specialty Group announced its acquisition of RMS Hospitality Group and its affiliated claims firm, Fortis Risk Solutions, from RMS Insurance Brokerage, LLC. The acquisitions expand Brightstone’s presence in the franchise food, hospitality and restaurant sectors. RMS Hospitality Group …
Philadelphia Police Officer Wins Delayed Workers’ Compensation Claim for PTSD
A Philadelphia police officer who was severely beaten by a robbery suspect in 2017 has won his right to add a psychological injury to his already settled workers’ compensation claim for physical injuries suffered in the incident. The officer’s employer, …
NFL Appealing Nevada High Court Ruling Allowing Gruden’s Lawsuit to Proceed
The NFL will appeal the Nevada Supreme Court’s ruling that former Las Vegas Raiders coach Jon Gruden can proceed with his lawsuit and not go through the league for arbitration. The league will request a rehearing from the same court …
3 Firefighters Hurt as Fire Burned Historic Buildings in Salt Lake City Nightlife Hub
A blaze that started in a restaurant kitchen injured three firefighters and scorched century-old buildings in Salt Lake City’s nightlife hub, officials said. Firefighters were dispatched to a cooking fire at the London Belle Supper Club on Monday night and …
Texas Crime Labs Say They Need More Resources for a THC Ban
As Texas lawmakers debate whether to regulate or ban THC products, officials with the state’s crime labs say they don’t have the resources currently to enforce whatever law is passed. “From a crime lab perspective, mercifully, we don’t have a …
Milwaukee Area Recovers From Record Rain and Flooding
The Milwaukee area began drying out Monday after weekend rain hit unofficial records in Wisconsin of more than 14 inches (36 centimeters) in less than 24 hours, leading multiple rivers to flood at record-high levels, washing out vehicles, flooding basements …
Union Pacific Train Cars Derail Near Texas Town, No Injuries Reported
Thirty-five cars of a Union Pacific train derailed Tuesday afternoon near a small Texas town, officials said. No injuries were reported and no evacuations have been ordered following the afternoon derailment, Union Pacific spokeswoman Robynn Tysver said. News footage showed …
Michigan Man to Stand Trial for Insurance Fraud
A Michigan financial advisor will stand trial for insurance fraud after waiving preliminary examination, Attorney General Dana Nessel announced this week. Todd Bernstein, 67, of Birmingham, is alleged to have submitted misleading information on annuity suitability applications on behalf of …
Black Hills, South Dakota Region Faces Severe Water Shortages
Water levels in this major source of drinking water for Rapid City were so low this spring that city leaders implemented water-use restrictions weeks earlier than normal and the state delayed installation of public boat docks. Lingering drought conditions and …
Along Texas’ Guadalupe River, Several Summer Camps Are in Flood Zones
The all-girls Christian summer camp where 27 people, most of them children, were swept away and killed by the July 4 flooding in Kerr County was just one of 13 summer camps along the Guadalupe River built on land prone …

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