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A new report from Moody’s Ratings highlights rising concerns about the risks linked to weak controls around artificial intelligence (AI) use at work. The study, based on a survey of nearly 2,000 global organizations rated by Moody’s, shows that many companies lack clear rules to manage how employees use AI tools like chatbots. This gap … Read more

A powerful coastal storm is set to hit New York City and the Northeast starting Sunday, bringing strong winds, heavy rain, and rising tides. The storm is developing off the coast this weekend and is expected to affect the region through Monday and into Tuesday. Forecasters warn that New York and nearby areas like Long … Read more

Canadian businesses are feeling more hopeful about 2026, despite ongoing challenges with costs and staffing, according to new data from Statistics Canada. In the first quarter of the year, about 73% of businesses said they were optimistic about their future, a noticeable jump from around 66% in the last two quarters of 2025. The data … Read more

The family of a Florida man has filed a federal lawsuit against Google and its parent company, Alphabet, claiming their AI chatbot, Gemini, played a role in his tragic death. The lawsuit, filed in San Jose, California, says the chatbot led 36-year-old Jonathan Gavalas into a dangerous state of mind, contributing to both a violent … Read more

Marine insurers have officially pulled war risk coverage for ships passing through the Gulf region, a move that came into effect today. This step follows heightened tensions after Iran’s Islamic Revolutionary Guard Corps declared the Strait of Hormuz "closed." Insurers had sent out cancellation notices earlier this week, and now those warnings have become reality. … Read more

Ben & Jerry’s, the ice cream company known for its social activism and quirky flavors, is about to change corporate hands next month. But for Ben Cohen, one of the co-founders, the switch from Unilever to Magnum Ice Cream Co. won’t bring big changes to how the brand is managed—at least not when it comes … Read more

Constellation Energy has agreed to invest over $340 million to improve water quality at Maryland’s Conowingo Dam. This dam is located on the Susquehanna River, which eventually flows into the Chesapeake Bay, the largest estuary in the United States. The announcement was made last week and paves the way for renewing the dam’s operating license. … Read more

Aon and Markel Insurance have announced key leadership moves to strengthen their presence in Asia and Australia. Starting January 1, 2026, Simon Chisholm will take on the role of chairman for Asia at Aon’s Reinsurance Solutions. Based in Singapore, Chisholm will lead efforts to grow relationships with major clients in Japan and Thailand. He brings … Read more

In today’s fast-changing insurance world, business development managers play a key role connecting brokers with general insurers and underwriting agencies. Recognizing their importance, Insurance Business has launched its first-ever search for the top-performing 5-Star BDMs. These standout professionals are known for excellent customer service, deep product knowledge, and strong portfolio results. The search encourages those … Read more

A Delaware court has ruled that Meta’s insurance companies are not required to pay for the tech giant’s defense in thousands of lawsuits accusing it of harming children. On February 27, Judge Sheldon K. Rennie of the Delaware Superior Court sided with a group of insurers who argued that Meta’s choices in designing its platforms … Read more