Insurance

Australia’s top prudential regulator said it will take action against companies that fail to adequately control cybersecurity threats, as concerns within the industry mount over Anthropic PBC’s latest AI model Mythos. The Australian Prudential Regulation Authority is finalizing a plan …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

Insurtech Lemonade reported a first quarter 2026 net loss of about $35.8 million compared with a loss of about $62.4 million during the same time in 2025. However, Lemonade said its topline growth was positive, with 159% increase in year-to-year …

GEICO leadership said this week that the company is working with Florida policyholders after a snafu inadvertently alerted people that their driver licenses had been suspended. The auto and property insurance company did not reveal details about what happened, only …