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Munich Re Specialty Enters Australian Primary Specialty Insurance Market
Munich Re Specialty announced its entry into the Australian primary specialty insurance market, providing property, construction & engineering, mining, and surety insurance products to commercial and mid-market clients. Munich Re Specialty said the launch of its Australian business further validates …
POSTED NOVEMBER 02, 2026 3:29 PM |
Everspan to Sell Providence Washington Shell to RI’s Falvey Group
Everspan Group, a specialty property/casualty insurance platform and wholly owned subsidiary of Octave Specialty Group, Inc., has agreed to sell the admitted shell company Providence Washington Insurance Co. (PWIC) to Rhode Island-based Falvey Insurance Group. New York-based Everspan said the …
POSTED NOVEMBER 02, 2026 2:40 PM |
Private Jet’s Pilot Reported Turbulence Before Florida Crash
The pilot of a private jet told air traffic controllers the plane was experiencing moderate turbulence and going through some precipitation just before it plummeted at 20,000 feet per minute and crashed into a residential area in Florida, killing all …
POSTED NOVEMBER 02, 2026 1:51 PM |
Viewpoint: Pricing Wildfire Risk Is Not the Same as Reducing It
Driven by powerful winds, three wildfires burned rapidly through neighborhoods in Spokane, Wash. Crossing natural and constructed boundaries, the fires damaged or destroyed nearly 1,000 buildings, leaving families homeless and the community with years of recovery ahead. First responders prioritized …
POSTED NOVEMBER 02, 2026 1:46 PM |
Binance Outflows Reach $4.7 Billion After North Korea Hack
Traders have pulled billions from Binance since late last week, when the crypto exchange giant suffered the largest cyber theft in history. Net withdrawals from the platform reached $4.7 billion by Monday morning in London, according to a Binance spokesperson. …
POSTED NOVEMBER 02, 2026 12:48 PM |
German Protests Turn Violent as Activists Clash With Police
Mass demonstrations in Germany that passed largely peacefully on Saturday erupted in violence as night fell and rioters faced off against police in Frankfurt, Cologne, Hamburg and Berlin. Authorities blocked off Frankfurt’s main shopping street Die Zeil and arrested more …
POSTED NOVEMBER 02, 2026 12:43 PM |
Update: Supermarkets Across Europe Report New Suspected Freezer Hack
Supermarkets across Europe were hit by suspected cyberattacks that resulted in sudden changes in the temperatures of their fridges and freezers on Monday, echoing a more widespread problem in France last month. Ahold Delhaize NV, Carrefour SA and Spar reported …
POSTED NOVEMBER 02, 2026 11:30 AM |
North Korea’s Hackers Supercharge Crypto Heists With AI Skills
The North Korean group accused of the world’s largest-ever crypto heist is a state-sponsored collective of elite hackers, groomed from an early age to hunt for “big game.” Artificial intelligence has now provided them with a powerful new tool to …
POSTED NOVEMBER 02, 2026 11:08 AM |
California Finalizes Long-Term Solvency Requirements for Insurers
California insurers will be required to assess how climate risks, artificial intelligence, cyber threats and other challenges could affect their financial strength over the coming decades. California Insurance Commissioner Ricardo Lara has finalized the Long-Term Solvency Planning Regulation, which also …
POSTED NOVEMBER 02, 2026 11:00 AM |
WSJ Wins Dismissal of Trump’s $10 Billion Defamation Suit
A federal judge threw out Donald Trump’s renewed $10 billion defamation lawsuit against the Wall Street Journal and ruled that it can’t be filed again, marking another setback for the president’s legal fights with the press. Judge Darrin Gayles in …
POSTED NOVEMBER 02, 2026 6:21 AM |
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