News
Mapfre Acquiring Tuio Stake; Bolsters Commitment to AI, Digital Innovation
Just a week after revealing a $1.5 billion deal to acquire U.S.-based Safety Insurance Group, Spain's Mapfre has announced a deal closer to its European roots—taking a 38.9% stake in the Spanish ...
Corporate Giving Shifts Away From Social Causes in U.S.
Corporate America is rapidly pulling back donations to nonprofits focused on diversity, international development and crisis response. Instead, the largest U.S. companies are giving to organizations ...
Florida Saw Biggest Auto Premium Decline: Report
Florida, Oregon, and New York saw the biggest decline in auto insurance premiums between 2025 and 2026, according to a new report by personal lines insurance broker Freeway Insurance. Findings from ...
Amazon’s Zoox Wins First U.S. Approval for Steering Wheel Free Robotaxis
Amazon's Zoox unit won U.S. approval on Wednesday for limited commercial deployment of its novel steering-wheel-free robotaxis, a first for the autonomous ride industry, the U.S. auto safety agency ...
Johnson & Johnson Proposes $5.5B Talc Settlement to End Marathon Legal Fight
Johnson & Johnson has agreed to pay $5.5 billion to tie up remaining lawsuits that claim its talc products caused ovarian cancer. The drugmaker, which has been fighting talc-related lawsuits for ...
Fitch Warns AI Market Correction Emerging as Major Global Credit Risk
The AI boom and the risk of a correction are emerging as major global credit risks, ratings agency Fitch has warned, adding to growing concerns that soaring tech valuations and unprecedented AI ...
Verisk Buys McKenzie Intelligence Services, a UK-Based Catastrophe Analysis Firm
Verisk, the data analytics and technology firm, announced it has acquired UK-based McKenzie Intelligence Services (MIS), a geospatial intelligence and event response company that specializes in ...
Dealer Installed Anti-Theft System Puts More Than 2M Vehicles in California at Higher Theft Risk
Computer scientists at the University of California, San Diego, uncovered a higher risk of theft in cars with dealer-installed anti-theft systems in Southern California since 2017. More than 2 ...