Wildfire Alerts Issued Across Mediterranean as Heat Wave Builds

Wildfire warnings were issued across the Mediterranean, as temperatures soar to 40C (104F) in parts of Spain, Italy, and Greece. Italian authorities are already tackling a blaze near the town of Bernalda in Basilicata [Italy], while Greece has drafted in Read more…


Anthropic Wins Key Ruling on AI Training in Authors’ Copyright Lawsuit

A federal judge in San Francisco ruled late on Monday that Anthropic’s use of books without permission to train its artificial intelligence system was legal under U.S. copyright law. Siding with tech companies on a pivotal question for the AI Read more…


Viewpoint: When the Cloud Sneezes, the Digital Ecosystem Catches a Cold

Google had a pretty bad day recently. The kind of day that would make Spotify stop singing, Discord and Snapchat go quiet, and give retailer Marks & Spencer a panic attack. Why? Because too many companies are leaning on a Read more…


Warburg Is Said in Talks to Sell Stake in SBI General Insurance

Warburg Pincus is in talks with Premji Invest and State Bank of India about selling them its stake of about 10% in SBI General Insurance Co., according to people familiar with the matter. The firm is finalizing details of an Read more…


Indian Air-Safety Audit Finds Multiple Lapses at Airlines, Hubs

India’s aviation safety regulator found multiple aircraft-maintenance lapses in an audit of airlines and airports ordered after the crash of Air India flight AI171, including recurring defects that indicate inadequate monitoring and correction. The Directorate General of Civil Aviation also Read more…


MJ Companies Expands Nashville Ops, Names Reavis VP for Development

Indianapolis-based MJ Companies, an insurance agency and financial consulting firm, named Craig Reavis vice president for business and community development. The company also signed a lease for new office space at the upscale Nashville Yards mixed-use development district near downtown. Read more…


AI-Focused COVU Acquires Maine’s 100-Year Old Ford Agency

San Francisco-based COVU, Inc. announced it has acquired Ford Insurance Agency, a 100+ year-old, family-owned business based in Eliot, Maine. Operated by the Lonsinger family, Ford Insurance Agency provides commercial and personal lines coverage. This marks COVU’s fourth acquisition in Read more…


Coalition Re’s New Helios Platform Allows Cedants to Gain Real-Time Cyber Insights

Coalition today introduced Coalition Re’s Helios platform, a new tool that allows cedants to view real-time cyber risk exposures in their portfolios and manage them more effectively. With the Helios platform, information previously provided to cedents only via a summary Read more…


Last Body Found After Boat Capsizes on Lake Tahoe in Sudden Storm Brings Death Toll to 8

The body of the last person missing from a boat that capsized on Lake Tahoe in California during a sudden and powerful weekend thunderstorm was found Monday, bringing the death toll to eight. Ten people were on board the 27-foot Read more…


EV-Carrying Ship Sinks in Pacific Ocean After Catching Fire

A ship that caught fire in the Pacific Ocean earlier this month has sunk. The vessel was abandoned in the middle of the pacific — about 360 miles from land — after a blaze. It was carrying about 3,000 vehicles Read more…