Life Insurance

Iowa AG Sues Roblox for Allegedly Failing to Protect Kids on Gaming Platform

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Texas Sues Roblox Over Alleged Exposure of Children to Sexually Explicit Content

Attorney General Brenna Bird announced she has sued the online gaming company Roblox for allegedly failing to take necessary steps to protect Iowa kids from sexual exploitation, facilitating distribution of child sex abuse material, and failing to warn Iowa parents of the ongoing sexual exploitation of children occurring on Roblox. The lawsuit, filed in the […]

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Apollo Expands Asset-Level Risk Reviews to Reflect Impact of Extreme Weather

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Apollo Expands Asset-Level Risk Reviews to Reflect Impact of Extreme Weather

Apollo Global Management Inc. is building out its risk review process to reflect the impact on asset valuations of extreme weather. The decision comes amid a rise in the damage done to physical assets by floods, storms and wildfires. Apollo, which has been conducting so-called top-down analyses for such risks since 2023, is now broadening

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Google Sues Chinese ‘Darcula’ Group Over Alleged Phishing Scheme

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Google Accused in Suit of Using Gemini AI Tool to Snoop on Users

Alphabet Inc.’s Google filed a lawsuit against alleged Chinese cybercriminals, accusing the group of orchestrating a vast phishing campaign designed to dupe Americans into turning over their credit card numbers. The group, which Google refers to as “Darcula,” developed a malicious software kit that enables users with little technical knowledge to automatically send waves of

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AI Offers Key Engine for Insurers – From Prediction to Intelligent Decisioning

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AI Offers Key Engine for Insurers – From Prediction to Intelligent Decisioning

When Albania appointed the world’s first AI-powered cabinet minister in September 2025 in an effort to help stamp out corruption from public procurement, reactions ranged from optimism to disbelief. Whether symbolic or substantive, the announcement underscored a deeper reality: artificial intelligence is not a futuristic concept – it is woven into the fabric of our

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Poorer Americans Dropped Federal Flood Insurance When Rates Rose

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Poorer Americans Dropped Federal Flood Insurance When Rates Rose

When the US Federal Emergency Management Agency overhauled rates for millions of homeowners in the National Flood Insurance Program (NFIP), in 2021, the goal was to end decades of underpricing and to align premiums with real flood risk, driven higher by climate change. Critics warned, however, that higher, more honest prices could push homeowners —

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India’s Parliament Approves Bill to Raise Foreign Direct Investment in Insurance to 100%

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India’s Parliament Approves Bill to Raise Foreign Direct Investment in Insurance to 100%

India’s parliament on Wednesday approved a bill to raise foreign direct investment in the insurance sector to 100% from 74%, a move that will help insure more people in the world’s most populous country. The increase in the FDI limit could boost investments and improve insurance penetration in the country, which stood at 3.8% of

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Georgia Commissioner Touts More Auto Rate Reductions by Major Insurers

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Georgia Commissioner Touts More Auto Rate Reductions by Major Insurers

Georgia Insurance Commissioner John King announced more auto insurance rate reductions for motorists in the state—the second announcement in as many months. King credited tort-reform laws and stepped-up efforts to combat insurance fraud. “As we continue the OCI mission to build a fair and affordable insurance marketplace, I am confident that we will see rates

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Insurance Industry ‘Megadeals’ Dominate 2025, Says PwC

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Insurance Industry ‘Megadeals’ Dominate 2025, Says PwC

“Megadeals” are ruling insurance industry mergers and acquisitions as action remained consistent throughout 2025, with the prospect that the need for growth with drive more deals in 2026. According to a new report from PwC, 93% of deal value during the second half of 2025 was drive by what it calls “megadeals.” The insurance sector

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Passenger Ferry Held for Hours After Suspected Russian Hack

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New Jersey Compensation Bureau Back Online After Cyber Incident

European investigators are probing whether Russian military hackers breached computer systems on a vessel owned by MSC-Mediterranean Shipping Company SA, the world’s largest container shipping group, according to people familiar with the matter. The ferry, operated by MSC’s Grandi Navi Veloci unit, was immobilized Saturday in the southern French port of Sète as it prepared

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Ohio Bakery Faces $394K in Fines for Unsafe Working Conditions

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Ohio Bakery Faces $394K in Fines for Unsafe Working Conditions

The U.S. Department of Labor has cited an Ohio commercial bakery after a federal investigation determined the employer had allegedly exposed workers to unsafe working conditions including chemical, caught-between and caught-in, pinch-point, and struck-by hazards. In addition to these serious safety violations, OSHA cited the employer for three repeat violations for failing to train workers

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