Delivery Robots Accused of Sharing Biometric Data Without Consent
The battle over Chicago’s food delivery robots has reached the courts, with two customers accusing the companies behind them of collecting their biometric data without consent. The men filed separate class-action lawsuits in Cook County court Oct. 9 against Coco …
FEMA Won’t Help Texas After July 2026 Floods
The Federal Emergency Management Agency has denied a request for federal aid to individuals needing help after the July 2026 floods in Texas, which swamped homes in Uvalde and damaged properties across Kerr County — in some cases for a …
Illinois Company Faces $380K Fine for Exposing Employees to Unprotected Trench
The U.S. Department of Labor has cited a Frankfort, Illinois-based utility construction company for repeatedly exposing employees to excavation safety hazards after federal investigators observed employees working in an unprotected trench. The department’s Occupational Safety and Health Administration initiated an …
Florida Commissioner Orders Unlicensed Home, Auto Warranty Firms to Cease Ops
Florida’s insurance commissioner has ordered a home warranty company and an auto warranty firm to cease operations after finding they were not fully licensed in the state. “These suspensions are the result of two market conduct examinations that found iDeal …
US Says Screwworm Spreads to Wildlife for First Time
New World screwworm has been found in an elk in Texas, marking the first confirmed case of the potentially deadly animal parasite in US wildlife. The pest, which infests livestock wounds, was detected in an elk on a game ranch …
Texas Camp Hit by Floods Must Have New Manager, Judge Says
Camp Mystic, the Texas girls camp where 28 people were killed in flash floods last summer, must have a new management team to replace the family blamed for the deaths and settle lawsuits filed against the company, a judge ruled. …
Markets/Coverages: Marsh Launches Two Insurance Facilities for UK Construction Risks
Insurance broker Marsh announced the launch of two first-of-their-kind insurance facilities to support UK construction contractors in managing road and highway projects, while protecting critical plant and equipment central to on-schedule project delivery. The Strada road construction facility provides project-specific …
Meta to Pay Historic $25 Billion in New Mexico Deception Case
Meta Platforms Inc. was ordered to pay a groundbreaking $25 billion civil penalty to the state of New Mexico in a consumer deception case spurred by the Cambridge Analytica scandal. The fine issued by state court Judge Francis Mathew is …
Eastern States’ Supermarkets Back Online After Cyber Incident
The websites and online shopping services of grocery stores owned by Ahold Delhaize in New England, MidAtlantic and Southeastern states are back up and running after having been shut down for about eight days due to a cyber incident. The …
Laboratory Operator Quest Reports Cyber Breach Affecting Patient Records
Quest Diagnostics said it has learned of unauthorized access to its Quanum LSM system, which some clients use to place test orders, receive and look up results. While the full scope of unauthorized access remains under investigation, at this time …
Taiwan Halts Stock Trade, Shuts Schools as Typhoon Champi Nears
Taiwan will suspend trading on its stock exchange and shut schools in most areas on Friday as Typhoon Champi approaches the island, disrupting flights and threatening heavy rainfall. Champi is currently 713 kilometers (443 miles) southwest of Japan’s Okinawa and …
Chubb CEO Greenberg: Industry Has to ‘Put Arms Around’ AI Liability
The insurance industry has dealt with emerging risks in the past, and Chubb CEO Evan G. Greenberg said he thinks the same approach can be applied to the rapid escalation of apparent liabilities presented by business’ use of artificial intelligence. …
China’s Natural Disaster Losses Hit $30 Billion in First Nine Months of 2026
China recorded 199.36 billion yuan ($29.9 billion) in direct losses from natural disasters in the first nine months of 2026, mainly driven by severe typhoons, flooding and landslides, its Ministry of Emergency Management said on Thursday. The losses were down …
Insurance M&A Down 27% in Q3 2026: OPTIS
Insurance agency mergers & acquisitions in the third quarter of 2026 were down 27% compared with the same period last year. In its latest report, investment banking and financial consulting firm OPTIS Partners said M&A activity in the U.S. and …
Update: Critical PHP Flaws Spur Global Patch Effort, Temporary Shutdowns
A rush to update websites and protect against vulnerabilities in a widely used programming language continued into its second day, with researchers warning that hackers have attempted to exploit the weaknesses. Disruption caused by the security issues began Wednesday after …
People Moves: ATRI Hires Bellistri From Chubb for Financial Institutions
ATRI Insurance Services LLC hired Kylor Bellistri as assistant vice president, financial institutions. Bellistri brings nearly a decade of insurance industry experience to ATRI. Prior to joining the company, he spent nearly 10 years with Chubb, most recently serving as …
Delaware Workers’ Compensation Rates to Drop for 10th Year, This Time by 3.9%
Delaware workers’ compensation insurance rates will decrease for the tenth year in a row, effective December 1, 2026. The voluntary market average loss costs will decrease by 3.99%, while the residual market will see an average rate reduction of 4.11%. …
Money Managers Say There’s Nowhere to Hide as Super El Niño Forms
The prospect of the world’s strongest ever El Niño cycle has a growing number of money managers racing to prepare their portfolios for the disruption they say is coming. The climate phenomenon associated with warming across the equatorial Pacific Ocean …
Russia Drones Are Already Killing People Within EU Territory
Bulgarian shipbroker Yordan Petrov no longer sends his vessels into the Black Sea, calling the brave few who still do “kamikazes.” Seven commercial ships have been attacked by drones off the coast of Bulgaria and Romania since the start of …
The Cost of Losing Your Cool: Tallying the Losses of a Supermarket Cyberattack
Insurance and Financial Implications of France‘s Supermarket Refrigeration Cyberattack Keeping things cool is generally a good idea in the supermarket business. When a cyberattack reportedly interferes with refrigeration systems, the consequences can extend well beyond a few melted ice creams. …
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