Insurance

Tropical Storm Dolly formed in the Atlantic far from land, making it the fourth named storm this season, forecasters said. The name is quite a coincidence, but has no connection to country music star Dolly Parton, who died this week. …

Florida’s attorney general this week rejected the $18 billion settlement with Meta, calling it too soft on the social media giant formerly known as Facebook. Florida will pursue its own litigation against Meta. “The payouts to the states are peanuts …

“Just as we’ve seen with the internet and mobile apps, AI is rapidly becoming a critical conduit to key policy shopping, research and account management decisions among auto and home insurance customers,” said Tony Soloman, director, insurance intelligence at JD …

Meta’s move to restrict teenagers’ use of social media in the U.S. shows companies have tools to better protect young people online, Australian officials said on Thursday, while in the Philippines, an official said the U.S. company had pledged to …

A merchant ship caught fire and sank off the coast of Romania in the Black Sea on Thursday evening, likely after being hit, Romanian President Nicusor Dan and authorities said. The Romanian Border Police on Friday confirmed the fire on …

Six months after US-Israeli strikes disrupted Middle Eastern fossil fuel production and turned the Strait of Hormuz into a naval battleground, the world is getting a fuller picture of how the Iran war has reshaped the economics of energy. A …

A new study drawing on telematics data confirms that far more drivers are using cellphones in the lead-up to crashes than is reflected in police reports, according to the Insurance Institute for Highway Safety. The data, derived from driver-enrolled safe-driving …

Artificial intelligence companies OpenAI and Anthropic PBC, along with more than 100 other tech and financial services organizations, warned that businesses and governments must do more to prepare for and defend against AI-enabled hacks. In an open letter Thursday, the …

Kalshi Inc. has entered a partnership with The Weather Company to bolster the data it uses to settle contracts in rapidly growing weather and climate prediction markets. The prediction platform is seeking to establish market-implied probabilities as another source of …

More than a dozen models of Chinese-made Zbtlink routers ship with at least two backdoors that could allow for invasive remote access akin to “surveillance,” according to new findings from cybersecurity firm VulnCheck. The two new backdoors — dubbed “Darklantern” …