Author: completebodyneeds

OpenAI said on Sept. 3 it would commit $1 billion in subsidized access to its AI cybersecurity tools, training and technical support for organizations that protect critical services, as concerns grow over increasingly sophisticated AI-enabled cyberattacks. OpenAI has faced increased scrutiny since its own AI agent breached systems at open-source platform Hugging Face during a July test and attempted to hide its actions. Similar concerns have emerged at rival Anthropic. Both firms are preparing for mega IPOs. OpenAI, alongside the cybersecurity initiative, also unveiled Astra, a new AI model it described as its most capable yet but said can at…

This article is part of a sponsored series by Vertafore. Insurance has always been about helping people and businesses navigate uncertainty. And the industry has continually adapted to protect new risks as they emerge. Many of today’s established specialty insurance markets began this way. For example, before cyber insurance became a standard part of commercial risk management, it was viewed as an emerging exposure with limited historical data and few established underwriting models. Commercial drone operations followed a similar path, evolving from niche applications into a recognized insurance market as the technology became more widespread, and regulations were passed, which…

New Jersey authorities on Wednesday asked the U.S. Supreme Court to resolve whether states have the power to police sports betting that occurs on prediction markets operated by Kalshi and competing platforms. The state asked the Supreme Court to overturn an appellate court’s decision in April holding that the U.S. Commodity Futures Trading Commission has exclusive jurisdiction over the sports-related event contracts that Kalshi allows people to trade on its platform. “These companies have no right to offer their sports bets without following state law, which is why dozens of states across the ideological spectrum have opposed them,” New Jersey…

Ciak Joins Guy Carpenter’s Healthcare Team from BMS Group Jessica Ciak Jessica Ciak joined the healthcare segment Guy Carpenter as the firm’s as a senior vice president, focusing on the U.S. medical professional liability sector. Based in Minneapolis, Minnesota, Ciak reports to Martha Jacobs, Guy Carpenter’s healthcare segment leader. Ciak joins Guy Carpenter from BMS Group, where she most recently served as a senior vice president. She has over 25 years of reinsurance experience, having placed treaty reinsurance across a wide range of property/casualty products, most recently with a focus on specialty lines, including medical professional liability. Guy Carpenter is…

For more than a century, the Pilot and the Victory Chimes — two historic schooners with towering sails — have between them served the country in wartime, hosted the likes of Jacques Cousteau and graced the Maine state quarter. But an inlet just off New York City’s famously polluted Gowanus Canal could be their final port of call. The boats — now owned by a company that turns historic vessels into floating bars and restaurants — sank there in early July while docked on the Brooklyn waterfront. Now many in the maritime community are calling on the company to do…

SAIF is distributing a $50 million dividend to its policyholders. The board of the Oregon not-for-profit workers’ compensation provider declared the dividend, making it the 17th straight dividend distributed to policyholders. The dividend reflects SAIF’s continued financial strength and it represents roughly 8.4% of eligible premium, according to the organization. Related: SAIF in Oregon Declares $50 Million Dividend This year’s dividend was supported in part by favorable reserve development in 2025, reflecting continued declines in claim frequency and other factors. At the same time, SAIF said it considered pressures from rising medical costs, investment uncertainty, and future capital needs. In…

S&P Global Ratings maintains a stable view of the global reinsurance sector. Reinsurers entered the 2026 hurricane season from a position of strength, supported by record-high capital adequacy and strong year-to-date operating performance. Even so, near-term headwinds are emerging. Abundant capacity and lower-than-expected catastrophe losses in recent years suggest that reinsurance pricing will remain under pressure through 2027. As a result, reinsurers are likely to face increasing pressure to loosen terms and conditions, while property and casualty (P/C) reinsurers’ underwriting margins and overall profitability will gradually compress over 2026-2027. That said, we believe underwriting margins and overall profitability will remain…

King Risk Partners announced the acquisition of Conover Beyer Associates Insurance, an independent insurance agency based in Manasquan, New Jersey. Founded in 1882, Conover Beyer Associates is a family and veteran-owned agency offering business and personal insurance, employee benefits, commercial bonding, and risk management services. Its team also brings specialized experience in coastal exposures and the insurance needs of contractors, restaurants, manufacturers, and other businesses. Art Farren, Mike D’Altrui, and Laura Church are partners with Conover Beyer. Headquartered in Gainesville, Florida, King Risk Partners now has more than 50 locations on the Eastern seaboard from New Hampshire to Florida, including…

The European Commission unveiled plans to give firms enjoying market dominance more leeway if they help boost the bloc’s “resilience,” as supply chains come under increased pressure from overseas threats. As part of a review of guidelines on the application of strict antitrust dominance rules, EU regulators said companies can rebut claims of abuse — such as overpricing — by arguing their behavior contributes to policy goals such as public health, product safety, or the ability to withstand supply shocks. Firms can also argue that otherwise illegal behavior may contribute to efficiencies, including the EU’s sustainability aims. EU competition chief…

When you purchase through links on our site, we may earn a commission at no extra cost to you. Learn more. Embrace and Trupanion are two of the most trusted names in pet insurance, each boasting a strong reputation and top-tier coverage options that have earned them a spot among the best pet insurance providers. While both companies excel in their own right, they each offer unique features and benefits designed to appeal to different types of pet owners. In this comprehensive comparison, I’ll break down what sets them apart, helping you confidently choose the insurance plan that’s the perfect…