News
Berkshire, Cyber Risk and the Strait of Hormuz: Insurability Hinges on Price
During the recent Berkshire Hathaway annual meeting, Chief Executive Officer Greg Abel told shareholders that the conglomerate's decisions on investments and acquisitions depend on several factors, ...
Portugal Launches $26.5B Resilience Plan After Storms, Blackout
Portugal's government on Tuesday announced a 22.6 billion euro ($26.5 billion) investment program to roll out over nine years, aimed at mitigating risks including climate change and power outages. ...
Texas Tornado Collapsed Buildings, Ripped Roofs Off Homes
Vicious winds burst through the front door of Christopher Hester's duplex apartment, then started ripping the roof apart. Hester and his wife grabbed their dog and ducked into a hallway to the sound ...
Lemonade Logs Q1 Net Loss With Topline Growth
InsurTech Lemonade reported a first-quarter 2026 net loss of about $35.8 million compared with a loss of about $62.4 million during the same time in 2025. However, Lemonade said its topline growth ...
Most U.S. Companies Seen Sticking With Quarterly Reporting
Quarterly earnings reporting may soon become optional for U.S. firms—yet the vast majority of companies are unlikely to take advantage of lighter requirements as it could hurt valuations, investors ...
Marsh Risk Unveils AI-Powered Risk Companion Suite
Marsh Risk, a business of Marsh, announced the launch of Risk Companion, the next iteration of its digital solutions suite designed to help clients effectively and efficiently manage unique risks. ...
Manufacturing Industry Top Target of Costly Cyber Attacks: Report
A review of five years' worth of proprietary claims data reveals just how vulnerable manufacturers are to cyber attacks and the high cost of disruptions, according to Resilience, which found more ...
EU Countries, Lawmakers Fail to Reach Deal on AI Rules
EU countries and European Parliament lawmakers failed to reach a deal on watered-down landmark artificial intelligence rules after 12 hours of negotiations on Tuesday and will resume talks next ...