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NY Insurance Regulator Warns of Cyber Threats From Third-Party Service Providers
The New York State financial services regulator warns insurance companies, banks and other financial services institutions of the cyber risks associated with the growing use of third-party service providers (TPSP). Exposure to threats will continue to grow as reliance on …
POSTED OCTOBER 23, 2025 1:35 PM |
Google Backs Gas Power Plant With Carbon Capture for Midwest Data Centers
Google has entered into the first corporate agreement to buy electricity from a U.S. power plant using carbon capture and storage in a deal to help fuel its data centers in the country’s Midwest region, the technology company said on …
POSTED OCTOBER 23, 2025 12:47 PM |
Disaster Relief Fund Hits Critical Low as Shutdown Endures
As the US government shutdown hurtles through a fourth week, the main source of federal funding for disaster relief efforts is running critically low, according to people familiar with the matter and an internal report reviewed by Bloomberg. The Disaster …
POSTED OCTOBER 23, 2025 12:21 PM |
People Moves: Acrisure Re Appoints Morrison
Acrisure Re, the reinsurance division of global fintech leader Acrisure, appointed Dan Morrison senior vice president. Based in New York, Morrison supports Acrisure’s in-house U.S. delegated underwriting team, a key client for Acrisure Re through its expanding portfolio of programs. …
POSTED OCTOBER 23, 2025 12:00 PM |
Thames Among UK’s Worst-Polluting Water Firms as Incidents Rise
Thames Water was among Britain’s most-polluting water companies last year as the total number of serious incidents jumped 60%, the Environment Agency said Thursday. Thames’ failure to improve its environmental performance, as well as sky-high debts, have left the firm …
POSTED OCTOBER 23, 2025 11:45 AM |
Old Republic to Acquire Small Farmowner Insurer Everett Cash Mutual
Old Republic International Corp., the Chicago-based specialty insurer, announced it has entered into a definitive agreement to acquire Everett Cash Mutual Insurance Co. and its affiliated companies (ECM), following its conversion to a stock company in a sponsored demutualization transaction. …
POSTED OCTOBER 23, 2025 11:30 AM |
New Jersey Claims Amazon Discriminated Against Pregnant, Disabled Workers
The state of New Jersey sued Amazon.com on Wednesday, accusing the company of unlawfully refusing workplace accommodations to warehouse employees who have disabilities or were pregnant and firing some who asked for them. The lawsuit filed in New Jersey state …
POSTED OCTOBER 23, 2025 10:25 AM |
Japanese Companies Brace for More Attacks as Cybercrimes Climb
The recent wave of cyberattacks against Japanese businesses has exposed critical weaknesses in the country’s corporate digital defenses, fueling fears of further disruption to sales and supply chains.In the past month, Asahi Group Holdings Ltd. was forced to take its …
POSTED OCTOBER 23, 2025 10:03 AM |
Tropical Storm Melissa Brings Heavy Rain to Haiti, Dominican Republic and Jamaica
Tropical Storm Melissa began dumping heavy rain on Hispaniola on Tuesday as forecasters warned of a significant flood risk in parts of the Caribbean region later this week. The rains snarled traffic in the Dominican Republic’s capital, Santo Domingo, and …
POSTED OCTOBER 23, 2025 9:46 AM |
Global Commercial Insurance Rates Drop 4% in Q3, for 5th Quarterly Decline: Marsh
Global commercial insurance rates fell, on average, by 4% in the third quarter of 2025, repeating the 4% decline recorded in Q2 2025, according to the latest Global Insurance Market Index published by Marsh, the insurance brokerage business of Marsh …
POSTED OCTOBER 23, 2025 9:06 AM |
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