The U.S. Northeast and Mid-Atlantic, including New York City, face another round of thunderstorms, increasing flood risks and transportation woes, with even the slight chance of a tornado.
Claims adjusters hate AI the most, a new report shows. A report on how workers feel about AI shows the insurance sector, and claims adjusters in particular, feel anxious about AI. The report from Glassdoor shows most workers feel a …
Insurers are aiming for a bigger slice of the market for significant risk transfers this year as banks step up their use of the hedging instruments. Firms expect to participate in about 50% more SRTs than in 2025, according to …
Brazil’s government is seeking 500 million reais ($97.1 million) in damages from chat app Discord Inc. in a local lawsuit, while also demanding that the platform strengthen protections for children and women and comply with Brazilian law. The Justice Ministry …
A Hong Kong court declined to remove PricewaterhouseCoopers International Ltd. from a multibillion-dollar lawsuit brought by China Evergrande liquidators against the firm and its Hong Kong and mainland Chinese affiliates. Deputy High Court Judge Patrick Fung said the evidence PwC …
Private equity giant KKR & Co. has agreed to pay $250 million to resolve a civil antitrust case filed by the U.S. Justice Department alleging the investment firm intentionally withheld documents from government-required merger reviews on more than a dozen …
Accounting firm Deloitte will pay $21.5 million to settle a U.S. Department of Justice probe over diversity, equity and inclusion practices, which President Donald Trump’s administration has cracked down on during his second term in office. The settlement marks a …
