Russia’s intelligence services are now seeking to damage European infrastructure with cyber attacks rather than merely overwhelm websites with excess traffic, Swedish Civil Defense Minister Carl-Oskar Bohlin said. “Over the past year, Russia’s methods have shifted,” Bohlin said during a …

European Central Bank supervisors are set to quiz bankers about the risks that Anthropic’s new artificial intelligence model might supercharge cyberattacks, one source familiar with the situation told Reuters on Wednesday. Anthropic’s Mythos is seen by cybersecurity experts as posing …

Africa’s leading multilateral insurer of trade risk is seeking around $500 million in capital from partners to support countries that face higher costs as a result of conflict in the Middle East, its chief executive told Reuters. African Trade & …

Helvetia Baloise Holding AG said it aims to return some 2.8 billion Swiss francs ($3.6 billion) to investors over the period to 2028, as the newly-merged insurer sets financial targets for the first time. The company proposed a dividend of …

Aon plc is expanding its proprietary Data Center Lifecycle Insurance Program (DCLP) with an additional $1 billion, increasing the program’s capacity to $3.5 billion. In addition, coverage will extend to include existing data centers coming off the first year of …

Scott Stephenson, former chairman, president, and CEO of Verisk Analytics, joined the board of directors at ZestyAI, a San Francisco, California-based risk and decision intelligence platform for the insurance industry. Stephenson spent more than two decades at Verisk, including nine …

For years, a segment of the Florida property insurance industry had lobbied for more access to the lower-cost reinsurance offered by the state-sanctioned Florida Hurricane Catastrophe Fund—mainly through a lowered retention, or deductible, level. Today, three years into Florida’s tort-reform …

The world’s largest insurance brokers recently found themselves caught in an “AI scare trade” after news that Tuio home insurance would soon be available via ChatGPT. Shares fell sharply, as investors questioned whether intermediaries could be bypassed altogether. That reaction …

California Gov. Gavin Newsom is advancing a plan that could funnel hundreds of millions in road dollars to a struggling oil refinery—pitching it as a cleaner jet fuel initiative. The credit, drawn from funds voters designated for highways and local …

Maine lawmakers have passed a bill that could make it the first U.S. state to put a moratorium on new data centers as opposition to the electricity-hungry facilities grows across the country over their impact on household energy bills and …

The U.S. Department of Labor has recovered $77,523 in back wages for 12 workers employed by an Austin, Texas restaurant that failed to pay overtime wages required under federal law. The department’s Wage and Hour Division investigated Grand Buffet Paradise …

Britain may widen a planned ban on non-disclosure agreements that silence victims of workplace harassment, discrimination and abuse to include agency workers and the self-employed, as well as permanent staff, the government said on Wednesday. Launching a 12-week consultation, the …