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AM Best Removes Ratings of Pet Health Insurer From Under Review
AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of pet health insurance provider Independence American Insurance Co. (IAIC). The outlooks …
POSTED DECEMBER 18, 2025 2:24 PM |
Russian Oil Tankers Cleave to Turkish Coast to Cut Drone Risks
Oil tankers hauling Russian crude across the Black Sea are taking a roundabout route along the coastlines of Georgia and Turkey — a measure that might help them to reduce the risk of being targeted by Ukrainian sea drones. Vessel …
POSTED DECEMBER 18, 2025 1:28 PM |
Japan Faces $6-a-Person Lawsuit Over Climate Change Risks
More than 450 people are suing Japan’s government and seeking damages of 1,000 yen ($6) each, alleging one of the world’s top greenhouse gas emitters isn’t doing enough to combat global warming. The lawsuit, filed Thursday at the Tokyo District …
POSTED DECEMBER 18, 2025 9:29 AM |
Viewpoint: AI Offers Key Engine for Insurers – From Prediction to Intelligent Decisioning
When Albania appointed the world’s first AI-powered cabinet minister in September 2025 in an effort to help stamp out corruption from public procurement, reactions ranged from optimism to disbelief. Whether symbolic or substantive, the announcement underscored a deeper reality: artificial …
POSTED DECEMBER 18, 2025 8:42 AM |
What to Know About Trump’s Executive Order to Curtail State AI Regulations
President Donald Trump signed an executive order Thursday pressuring states not to regulate artificial intelligence. Trump and some Republicans argue that the limited regulations already enacted by states, and others that might follow, will dampen innovation and growth for the …
POSTED DECEMBER 18, 2025 7:28 AM |
Google Sues Chinese ‘Darcula’ Group Over Alleged Phishing Scheme
Alphabet Inc.’s Google filed a lawsuit against alleged Chinese cybercriminals, accusing the group of orchestrating a vast phishing campaign designed to dupe Americans into turning over their credit card numbers. The group, which Google refers to as “Darcula,” developed a …
POSTED DECEMBER 18, 2025 6:30 AM |
Insurance AI Demo Day Calendar Announced
Wells Media Group Inc. today announced the 2026 Insurtech + AI Demo Day events calendar, a lineup of virtual events featuring live demos of the AI and technology tools and innovations shaping the insurance industry. The series is presented by …
POSTED DECEMBER 18, 2025 6:20 AM |
Icahn Money Manager Sues His Bosses and Bausch + Lomb Over Anti-White Bias
A money manager at Carl Icahn’s investment firm is suing Bausch + Lomb Corp. and his billionaire employer, alleging he was discriminated against for being White. The manager, Steven Miller, claims he wasdenied a board seat when the activist investor …
POSTED DECEMBER 18, 2025 6:13 AM |
Ex-Greensill Executives Charged in Germany Over Bankruptcy
German prosecutors charged two former board members of Greensill Bank AG for their roles in the 2021 demise of the lender. The men are charged with bankruptcy crimes and false accounting, a spokesman for Bremen prosecutors said in an emailed …
POSTED DECEMBER 18, 2025 6:10 AM |
European Rating Agency Scope Plans Global Expansion Drive and IPO
Scope Ratings, which brands itself as Europe’s home-grown alternative to S&P, Moody’s and Fitch, plans a U.S. expansion drive and a stock market listing in the coming years, its founder and chief executive has told Reuters. Berlin-headquartered Scope has seen …
POSTED DECEMBER 18, 2025 6:05 AM |
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