Health Department Unveils Strategy to Expand its Adoption of AI Tech
The U.S. Department of Health and Human Services on Thursday outlined a strategy to expand its use of artificial intelligence, building on the Trump administration’s enthusiastic embrace of the rapidly advancing technology while raising questions about how health information would …
McKinsey Says Recovery From South Africa Scandals to Take Years
Rebuilding McKinsey & Co.’s reputation in South Africa after it was implicated in state corruption scandals will be a long process, its top executives in Africa said, adding that the consulting firm is biding its time on resuming bidding for …
People Moves: Donegal Announces Key Marketing Promotion, Retirement
Donegal Insurance Group, headquartered in Marietta, Pennsylvania, promoted Josh Mussmon to vice president of marketing operations. Mussmon succeeds Bill Anderson, who will retire from Donegal in January as senior vice president of marketing operations. Mussmon joined the Donegal team as …
New Jersey Joins States Creating Volunteer Cybersecurity Corps
New Jersey is joining a number of other states in launching a volunteer cybersecurity force to support government entities, infrastructure providers, and community organizations across the state prevent and recover from cyber attacks. The New Jersey Civilian Cyber Resilience Corps …
EU, G7 Weigh Ban on Maritime Services for Russian Oil Exports, End to Price Cap
The Group of Seven countries and the European Union are in talks to replace a price cap on Russian oil exports with a full maritime services ban in a bid to reduce the oil revenue that helps finance Russia’s war …
Demystifying the Data Landscape: Lake, Warehouse and Lakehouse Explained
The race to apply artificial intelligence in property/casualty insurance often hits a wall, not because of algorithms but because of confusion over data foundations. “Data Lake,” “Data Warehouse” and “Data Lakehouse” may sound interchangeable, but each plays a very different …
UK Should Go for Bolder Revamp of Rules in Financial Services Sector, Lady Mayor Says
The UK should get bolder with overhauling rules to encourage more risk-taking in the financial services sector, according to the City of London’s new Lady Mayor. “The trouble with incremental change, especially in a fast-paced world, is that it’s not …
Satellite Startup ICEYE Raises Funds at $2.8 Billion Valuation as Europe Boosts Defense
ICEYE, a Finnish satellite developer with a number of defense contracts, has raised money at a €2.4 billion ($2.8 billion) valuation, capitalizing on the military spending boom across Europe. Venture firm General Catalyst led the financing round, which included €150 …
Indonesia Expects $3 Billion Rebuild After Deadly Floods
Indonesia will need 51.8 trillion rupiah ($3.2 billion) to rebuild areas devastated by recent floods and landslides in Sumatra, according to the national disaster agency. More than 900 people have died as a result of monsoon rainfall that was intensified …
BNP Paribas Raises Stake in Belgium’s Largest Insurer Ageas in Deal Worth $3.5 Billion
BNP Paribas plans to increase its stake in Belgium’s largest insurer Ageas to 22.5% from 14.9%, cementing its position as top anchor investor in a two-leg transaction worth 3 billion euros ($3.5 billion), the companies said on Monday. The deal …
Apple, Google Send New Round of Cyber Threat Notifications to Users
Apple and Google have sent a new round of cyber threat notifications to users around the world, the companies said this week, announcing their latest effort to insulate customers against surveillance threats. Apple and the Alphabet-owned Google are two of …
Dunkin’ Cashier in Georgia, Stabbed by Rapper, Can’t Claim More Than Workers’ Comp
A Dunkin’ Donuts cashier who was stabbed by an Atlanta-area rapper has only the workers’ compensation remedy, even if the incident seems far outside the scope of work duties, the Georgia Court of Appeals has decided. “In this case, the …
Honolulu Settling Lawsuit Over Shooting of Micronesian Teen for $1M
Honolulu’s city council authorized $1 million to settle a lawsuit by the family of a 16-year-old boy who was shot and killed by police. The fatal shooting of Iremamber Sykap in 2021 came amid a national reckoning over police use …
Massachusetts Court Hears Allegations Facebook Is Addictive to Young Users
Massachusetts’ highest court heard oral arguments Friday in the state’s lawsuit arguing that Meta designed features on Facebook and Instagram to make them addictive to young users. The lawsuit, filed in 2024 by Attorney General Andrea Campbell, alleges that Meta …
California Resources Reports Oil Fluid Spill in Monterey County
A pipeline owned by California Resources Corporation subsidiary Aera Energy spilled 96 barrels of produced fluid — a mixture of oil and water — early Friday morning at an oil field in Monterey County in California’s Central Coast. The spill …
South Dakota Legislators Plan Bills to Help Residents in Fight Over Limestone Mine
Three lawmakers who represent Piedmont, South Dakota, hope to change weak state mining laws that allowed a proposed limestone mine to be sited without notification or input by any local officials or residents. The plan by Simon Contractors to begin …
People Moves: RiverStone International Appoints Pritchard as UK CEO
RiverStone International Appoints Pritchard as UK CEO RiverStone International Holdings, the legacy acquisition company, announced the appointment of Charlotte Pritchard as UK CEO, effective January 5, subject to regulatory approval. Pritchard succeeds Andrew Creed who will become group president (also …
Acrisure CEO Greg Williams Makes $400M Commitment to Michigan State University
Acrisure co-founder CEO Greg Williams is giving back to his alma mater in a major way. Michigan State University announced Williams and his wife are committing $401 million to the university, with most of the donation going towards the school’s …
Business Moves: MGA Nirvana Buys Arena From Ryan Specialty; Ryan Acquires Canada MGU SSRU; Bridgehaven Buys SureStone; Gallagher Re to Buy S. Africa’s Resilea
Specialty MGA Nirvana Acquires Arena From Ryan Specialty Specialty managing general agent (MGA) Nirvana announced the acquisition of Arena NV from Ryan Specialty. Financial terms of the deal, which was announced today, were not disclosed. Arena is a leader in …
Longtime WTW Cyber Risk Leader Heads to Marsh
Marsh this week announced it has hired Tom Srail its cyber analytics and digital infrastructure leader for the U.S. and Canada. Srail had spend the last 21 years with WTW, mostly recently as executive vice president of its global cyber …



