Chinese firm Moonshot’s latest artificial intelligence model broke out of a cyber-testing environment, researchers said, in the latest incident that raises concerns about how well AI companies control their technology. Moonshot’s Kimi K3 was able to find its way out …

Old Republic International Corporation announced that John Paulk has been appointed Chief Operating Officer of Old Republic Excess & Surplus, reporting to Ralph Sabbagh, President. In making this announcement, Craig Smiddy, Old Republic International’s President and Chief Executive Officer, noted, …

Ignite Specialty Risk, the London-based managing general agent, has launched operations in Sydney, Australia, led by Lucinda Stormont-Sainsbury. “Australia is an important strategic market for Ignite and establishing our Australian operations marks a significant milestone in our international growth,” commented …

A Broward County jury on Thursday exonerated the Simpson Thacher & Bartlett law firm, finding the large New York firm’s lawyers were not negligent in the downfall of Patriot National, the Florida insurance services firm that went bankrupt a decade …

Hackers launched a wave of sophisticated attacks on Wall Street firms in recent days, targeting information systems at major money managers, according to people familiar with the matter. Point72 Asset Management informed investors on Wednesday that it had been attacked, …

Allstate CEO Tom Wilson said the insurer has a “technology-drive strategy, not a strategy supported by technology.” And the next step in the strategy is the build of ALLIE – Allstate’s Large Language Intelligent Ecosystem. Speaking to analysts during a …

The 37-year old man suspected of starting one of the fires burning around Spokane, Washington told a detective that he planned the arson attack for Sunday to coincide with a “high winds” day, according to court documents. That blaze was …

Second quarter 2026 underwriting income in American International Group’s (AIG) General Insurance segment increased nearly 10% compared with the prior year, to $686 million. Insurance financial results for Q2 included catastrophe losses of $210 million, and increase over the $170 …

German reinsurer Munich Re on Friday posted a 6% rise in net profit in the second quarter, defying expectations for a drop and lifted by low major loss claims. Net profit in the quarter of €2.211 billion ($2.55 billion) compares …

AXA XL announced it has entered into an agreement to acquire S-RM, the London-based specialist corporate intelligence and cybersecurity consultancy — raising its shareholding from approximately 49% to 100% ownership. Financial details of the deal, which is expected to close …

A proposed deal between Iran and Oman that would give Tehran control over ships entering the Gulf through the Strait of Hormuz is not easily workable due to U.S. sanctions and restrictive insurance clauses on any payments, four industry sources …

Nearly halfway through the 2026 Atlantic hurricane season, NOAA’s prediction of below-normal activity in the Atlantic basin remains unchanged. Today, forecasters from NOAA’s National Weather Service updated the number of expected named storms to 7-13 (with winds of 39 mph …

Aon named Tim Fletcher head of M&A, transaction advisory and financial services, North America. Fletcher has over 20 years of industry experience and has served as national practice leader for Aon’s Financial Services Group (FSG) for five years. He will …

Four months ago, the Netherlands approved Tesla’s Full Self-Driving (FSD) system and has since then advocated for its adoption across the EU. But Dutch road regulator RDW won’t tell the public why it concluded the driver-assistance system is safe or …

The US government’s top information security official warned that computer systems nationwide need to bolster their defenses to meet the growing threat of cyberattacks powered by artificial intelligence. During remarks Wednesday, Acting Federal Chief Information Security Officer Michael Duffy said …

A first responder plans to take his case to the Florida Supreme Court after an appeals court found that his medical marijuana use was not cool under federal law and a collective bargaining agreement. “In the end, this appeal is …

Ames & Gough Names Partners Lynch and Maxwell SVPs Ames & Gough, headquartered in Washington, D.C., appointed equity partners Brian Lynch and Jared Maxwell as senior vice presidents. Appointed an equity partner of Ames & Gough in 2023, Lynch leads …

The maker of Chipwich ice cream sandwiches has withdrawn its lawsuit alleging that its insurance agency was negligent in failing to properly secure product recall insurance. Frozen food manufacturer Crave Better Foods (CBF) of Greenwich, Connecticut, had blamed Carlson & …

California recorded its second straight year of declining vehicle thefts last year, the California Highway Patrol is reporting. According to the CHP’s, thieves stole roughly 133,000 vehicles in California in 2025, which represents a 25% decrease from the 176,230 vehicles …

Four Republican U.S. senators on Thursday proposed repealing landmark California vehicle emissions rules in a bid to prevent the state from imposing stricter tailpipe requirements than the federal government. The U.S. Environmental Protection Agency in June sent the Republican-controlled Congress …