Upwind Security, a San Francisco-based startup offering cybersecurity for artificial intelligence and cloud applications, has secured $400 million in fresh financing that values the company at $3.8 billion. Bessemer Venture Partners led the investment, with participation from existing backers including …

A judge ruled that Southern California Edison cannot escape a trial over a central claim in lawsuits over 2025’s Eaton Fire, the most destructive blaze in the Los Angeles area’s history. Superior Court Judge Laura Seigle rejected a request by …

Two teenage plaintiffs who say social media caused them to develop serious mental health problems will take Meta Platforms and Snap to trial in Los Angeles on Oct. 28 in the latest test of claims raised in thousands of US …

The US military said vessels that have no need to move between ports in the Gulf of Oman and the Strait of Hormuz should stay away, as tensions ratchet up in the region. “Due to the current geopolitical situation, vessels …

The New Jersey Department of Banking and Insurance has ordered GEICO to return more than $10.5 million in wrongfully-charged premium back to policyholders. The department also issued a penalty of $1.2 million to GEICO and its affiliates for improper business …

South Korea’s financial industry was hit by a second wave of cyberattacks in about a month as a series of breaches across Asia heightens concerns that artificial intelligence is making large-scale hacking easier. Financial Supervisory Service Governor Lee Chan-jin said …

The Dutch government’s AI-led efficiency drive to cut 25,000 civil servant jobs is perhaps the most ambitious government plan yet to use tech to reduce the state’s payroll. Making it work — and rolling out similar programs in other countries …

PwC on Oct. 23 said it was aware of a cybersecurity incident involving a third-party vendor used to host company employee learning records, the day after a cyber extortion group claimed to have stolen 590 gigabytes of company data. A …

Customer satisfaction with total loss auto insurance claims fell for a third straight year, while satisfaction improved for claims involving repairable vehicles, a new study looking at this year shows. Customer satisfaction with total loss claims fell 12 points on …

As black lung disease hits a 50-year high among Central Appalachian coal miners, protections and compensation from the federal government are not keeping pace, says a recent report from Reimagine Appalachia and the Appalachian Citizens’ Law Center. The groups found …

Workers’ compensation specialist Beacon Mutual Insurance Co. and the Massachusetts Restaurant Association (MRA) announced a partnership to provide restaurant owners and operators with workers’ compensation coverage, safety resources, and a financial incentive for maintaining safe workplaces. MRA members insured by …

The Delaware Supreme Court has upheld a Chancery Court ruling ordering Verisk Analytics Inc. to keep working on a $2.35 billion acquisition of roofing software maker AccuLynx. Verisk tried to pull out of the deal last December after the Federal …

A lawsuit filed on Friday involving the pay practices of Chili’s operator Brinker International is seeking to strike down New York state’s lower minimum wage for workers who earn tips, which it claims fuels the sexual and racial harassment of …

A Washington contractor was fined $48,803 after a roofer was killed when he fell through a skylight. Leslie & Campbell Inc. of Union Gap was fined $48,803 after a roofer fell more than 25 feet through an unguarded skylight to …

Aspire promoted Isaac Adams from vice president of product to senior vice president of product and Kelson Hughes from assistant vice president of product management to vice president of product management. Both have been key contributors to Aspire’s product strategy …

Turkiye Sigorta AS shares extended losses after local media reported that two of its top executives were arrested as part of a sweeping probe into allegations of market manipulation in Turkish funds. Chief Executive Officer Taha Cakmak and his deputy …

Tropical Cyclone Arnab is expected to hit India’s east coast on Wednesday, marking a break in an otherwise calm season that’s been subdued by a severe El Niño. Arnab is currently 859 kilometers (534 miles) southwest of Kolkata, packing top …

Recently discovered security flaws in PHP programming language, used by many websites globally, has highlighted the potential for cyber risk aggregation, which has long worried insurers and made them reluctant to aggressively increase their risk appetites, according to the ratings …

An apparent explosion caused a fire over the weekend at a Quaker Oats plant in Iowa that the company touts as the largest milling facility in the world. No one was hurt, fire officials said. The Cedar Rapids Fire Department …

CM Vantage has appointed Amy Finnegan as managing director, casualty, bringing excess and surplus lines expertise and leadership to its underwriting organization. In her new role, Finnegan will lead casualty underwriting strategy and help drive profitable growth while working closely …