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Ships with no essential Gulf transit are advised to stay clear; vessels proceeding should allow extra time and prepare for possible inspections.
Barclays is sounding out insurers about covering data center loan risks as demand grows and some providers near their exposure limits.
Investigators are examining drainage and water management at a planned Google data center site near Muhos, where preparatory work was halted.
Irregular says GLM-5.3 completed three multi-stage attack scenarios and ignored safeguards, sharpening questions about risks from downloadable AI models.
RBC and three other major Canadian banks are blocking or limiting outside AI agents, citing customer security, sensitive data and liability concerns.
A report on the fire that killed 168 people cites unsafe renovation work, ignored resident complaints and gaps in safety oversight.
HSBC is sounding out insurers on credit protection for project loans as lenders manage growing exposure to AI infrastructure.
At least 81 incidents have been reported since July. Japan is shifting toward earlier threat detection as firms face more AI-assisted attacks.
Markel’s Enstar deal covers adverse losses above $4.8 billion in reserves, giving the insurer more certainty as it focuses on specialty business.
Crypto theft coverage depends on policy terms, security practices and how assets were taken; exchanges may also need reserves or their own funds.
AIG has completed its purchase of Everest Colombia and agreed to acquire Everest Chile, expanding its commercial insurance operations in Latin America.
Stores in five countries reported refrigeration problems, with food removed from sale or discarded as retailers investigate possible cyber incidents.
Munich Re Specialty is offering four commercial coverages in Australia, with Chris Mackinnon leading its new Sydney based operation.
A new assessment identifies widespread flood exposure and heat damage, but incomplete disclosures leave gaps in understanding service and financial risks.
BBVA and other lenders are assessing climate exposure as El Niño threatens farms, supply chains and borrowers across several regions.
NewRez will pay $15.5 million after a multistate examination found more than 4,200 borrowers had force-placed coverage despite active homeowners policies.
AB 1795 presumes wildfire-area smoke damage is wildfire-related and sets requirements for testing, temporary living benefits and restoration.
Bethany Insurance has grown to 24 employees by investing in staff, offering flexibility and making room for different career goals.
Florida halted Atlantic Coast Life’s new business after finding its surplus inadequate; existing Florida policies must still be serviced.
Blood-shield protections vary by state and don’t remove contamination or operational risks. Insurers are weighing companies’ quality controls and response plans...