Markets
Data Centers Are Being Built in Areas Exposed to Extreme Weather
A significant number of data centers are being built in areas that are exposed to extreme weather risks brought on by climate change, a report by XDI has found. A study of roughly 2,600 planned data ...
Trump Says Illegal Immigration Increased Car Insurance Prices
President Donald Trump this week credited his tough immigration policies for a drop in car insurance premiums, falsely blaming illegal immigration during his predecessor's time in the White House for ...
Space Startups Seek Insurance for Orbital AI Data Centers
Space companies have spoken with insurers about coverage for orbital AI data centers, a sign of early progress for an experimental industry backed by Elon Musk's SpaceX and Jeff Bezos' Blue ...
Mythos Myths: Good Guys Hold More Cybersecurity Cards, Insurer CEO Says
No offense to the members of the media, but the media tends to blow this stuff up. That's how Jim Williamson, president and chief executive officer of insurer and reinsurer Everest Group Ltd., ...
‘We’ll Want Some Proof’: State Farm CEO’s Take on NY Auto Insurance Reforms
While State Farm publicly supported auto insurance reform measures in New York this year, now that a package of changes has been written into the state's statutes, the insurance giant is taking a ...
AM Best: Data Centers Pose Risks Beyond What P/C Industry Has Experienced
The proliferation of data centers across the U.S. to bolster critical infrastructure for artificial intelligence is also bring some complicated risks. A new report from AM Best outlines "substantial ...
Mythos Proportions
In late March, rumors of a new Anthropic Claude AI model called Mythos triggered a sudden sell-off in cybersecurity stocks. Panic mounted weeks later when the company confirmed that the software was ...
Executive Moves: Hippo Holdings Names Boettcher COO; Willis Re Appoints Fletcher CEO of Bermuda
Hippo Holdings Inc. announced the promotion of Laura Boettcher, ARe, to chief operating officer of Hippo Holdings, the parent company of Hippo Insurance. Boettcher has served as COO of Hippo ...