WHAT WOULD YOU LIKE TO DO TODAY?
INSURANCE NEWS
Verisk Buys McKenzie Intelligence Services, a UK-Based Catastrophe Analysis Firm
Verisk, the data analytics and technology firm, announced it has acquired UK-based McKenzie Intelligence Services (MIS), a geospatial intelligence and event response company that specializes in global real-time catastrophe and conflict event analysis. Financial details of the transaction, which was …
Brown & Brown Estimates Cost of Howden-Driven Talent War Could Hit $60M in 2026
Brown & Brown anticipates that the cost of the Howden-driven talent war for the full-year 2026 could hit $60 million – an increase from the $31 million it estimated last quarter. “Based on currently available information, we anticipate the full-year …
Relation Acquires Wisconsin’s Mid-State Insurance
Relation Insurance Services announced their acquisition of the assets of Mid-State Insurance. The transaction went into effect on March 31, 2026; terms of the transaction were not disclosed. Founded in 1986 as an independent life and health agency in Milwaukee’s …
DoorDash Is Building Its Own Delivery Drones, Gains FAA Nod for Commercial Service
DoorDash Inc. is building its own delivery drones and has gained the necessary approvals to operate them commercially, the latest in its effort to delegate more orders to robots as a way of cutting delivery times. DoorDash, the largest food-delivery …
Ventura County DA Gets $900,000 to Combat Workers’ Comp Fraud
The Ventura County District Attorney’s Office was awarded $898,840 from to investigate prosecute workers’ compensation fraud for the fiscal year. The grant, awarded through the California Department of Insurance, funds the DA’S Workers’ Compensation Fraud Unit. The unit includes prosecutors, …
OpenAI Models Accessed Cloud Platform Before Hugging Face Hack
The OpenAI models that hacked the startup Hugging Face Inc. this month also gained access to a customer account on the cloud platform Modal and used it to launch attacks, underscoring the broad scope of the incident. The agent gained …
Cost of a Data Breach Reaches Record $5 Million on Average
Artificial intelligence has “radically shifted” the cyber risk landscape, and the average cost of a data breach has reached a record of nearly $5 million. According to IBM’s Cost of a Data Breach Report, cyberattackers are using AI and attacking …
Two Killed in ‘Extensive’ Flash Flooding in West Virginia
Two people have died in flash floods caused by torrential rains in West Virginia last week, the governor’s office said. An emailed statement from Lars Dalseide, communications director for Gov. Patrick Morrisey, did not provide details on where the bodies …
Markets/Coverages: CFC Brings Affirmative AI Cover to Media Companies; Lockton Launches Global Data Centers & Digital Infrastructure Practice
CFC, the specialist insurance provider, announced the introduction of affirmative AI coverage within its media policy, effective July 30. The update forms part of CFC’s wider program to embed affirmative AI coverage across its portfolio, ensuring customers have clear, explicit …
Viewpoint: French Climate Lawsuit Offers Window Into Next Round of Global Legal Fight
A recent decision by a French court requires a major European oil and gas company to report not only its own climate-warming emissions and those of its contractors but also those of its customers, who burn the oil and petroleum …
Yemen’s Houthis Consider Imposing Fees on Ships Sailing Through Red Sea: Sources
Yemen’s Houthi group is considering imposing fees on commercial ships sailing through the southern Red Sea, a week after declaring a naval blockade on Saudi Arabia, regional sources with knowledge of the matter told Reuters. The Iran-aligned Houthis on July …
NYC Medical Facility to Spend $30 Million on Sex Abuse Prevention to End Criminal Probe
In a deal that ends a criminal investigation, a prestigious New York City medical institution agreed to boost its sexual abuse prevention program after one of its star doctors was convicted of abusing patients during a decade-long span and was …