Cyber risk modeler CyberCube has gained a new investor to support its long-term growth. The software-as-a-service cyber risk analytics provider said Spectrum Equity is investing more than $180 million, subject to regulatory approvals. It equity firm with join ForgePoint Capital, …

This edition of International People Moves details appointments at Liberty Specialty Markets and Westfield Specialty International. A summary of these new hires follows here. Liberty Specialty Markets Promotes Nelson as Active U/W for Syndicate 4472 Liberty Specialty Markets (LSM), part …

Earth’s nastiest and costliest wildfires are blazing four times more often now than they did in the 1980s because of human-caused climate change and people moving closer to wildlands, a new study found. A study in the journal Science looks …

Stretched valuations for artificial intelligence companies and challenges to the Federal Reserve’s independence have fueled the risks of a “sharp market correction,” the Bank of England said on Wednesday. In its quarterly financial stability update, the UK central bank said …

Tokio Marine Holdings Inc., Japan’s top property and casualty insurer, could spend more than $10 billion on acquisitions to boost its international business, according to Brad Irick, who co-heads the unit. The firm, which generates about 80% of its overseas …

France further cut its estimate for this year’s wine production, putting output below 2024’s historically low level, after summer heat waves and wildfires hit vineyards. With the grape harvest nearly complete, output is now seen at 36 million hectoliters, the …

GEICO Names Orpello Chief Marketing Officer GEICO, headquartered in Chevy Chase, Maryland, named Arianna Orpello as its new chief marketing officer, reporting to Chairman, President and CEO Todd Combs. Orpello, who will join the company on Jan. 5, 2026, will …

Elon Musk and X Corp have reached a settlement in a lawsuit by four former top executives at Twitter, including former CEO Parag Agrawal, who claim they were not paid $128 million in promised severance pay after Musk acquired the …

Employers and employees see safety issues and solutions differently, and open communication could be the easy solution. A recent report on employees’ safety perspectives found gaps in both issues and solutions when it comes to workplace safety. When comparing findings …

Russia has reported a growing number of drone attacks deep inside its territory, with some reaching nearly 2,000 kilometers (1,200 miles) from the Ukrainian border, further testing the country’s air defenses as the war expands. Drones were detected in industrial …

IMA Financial Group, a wholesale brokerage based in Denver, has added Valent Group, one of Alabama’s largest privately held insurance brokers, to its team of affiliated firms. Valent, a subsidiary of EBSCO Industries, will retain its name and four offices …

Real estate giant Greystar and 25 other property management companies have agreed to collectively pay more than $141 million to settle a class action lawsuit accusing landlords of driving up housing costs by using rent-setting algorithms offered by the software …

Engle Martin & Associates, an independent claims management firm based in Atlanta, has acquired Integra Technical Services, an international adjusting firm headquartered in London. Integra, founded in 1998, manages claims in a number of industries, including construction, engineering, energy, manufacturing …

A dairy worker in Skagit County, Washington who said he was too injured to work pleaded guilty to illegally taking workers’ compensation payments. Efrain Alatorre Camarena, 58, pleaded guilty to three counts of third-degree theft and was ordered to repay …

New York City filed a new lawsuit accusing Facebook, Google, Snapchat, TikTok and other online platforms of fueling a mental health crisis among children by addicting them to social media. Wednesday’s 327-page complaint in Manhattan federal court seeks damages from …

California workers’ compensation written premium levels for calendar years 2022 to 2024 remained consistent, marking a return to stability following sharp fluctuations during the pandemic. The Workers’ Compensation Insurance Rating Bureau of California released its latest Quarterly Experience Report on …

Acrisure announced it will implement layoffs to its accounting workforce beginning in early 2026, citing advancements in technology and artificial intelligence. The company said 400 employees will be affected by the layoffs. “This was not an easy decision, as it …

Federal authorities arrested a 29-year-old man on charges that he intentionally started the blaze that days later became the Palisades Fire, which killed 12 people and destroyed thousands of homes in the Pacific Coast area of Los Angeles. Jonathan Rinderknecht …

Walmart Inc. violated federal law when it refused to accommodate a Wisconsin employee who required a job coach due to his intellectual disability and subjected him and a coworker to a hostile work environment based on their disabilities, the U.S. …

Exxon Mobil will postpone its plans for a large new plastics production plant on the Gulf coast, according to the company. Construction was initially planned to begin next year on the $10 billion facility in rural Calhoun County. “Based on …