Author: completebodyneeds

Global insurance broker Marsh announced the launch of Stratus, a property insurance exchange designed to address the complex operational risks of large digital infrastructure projects as they move from construction into operation. Such projects include data centers and associated critical support systems. Stratus provides access to up to $10 billion in property insurance capacity on a single-placement basis through the global property risk transfer market for the global exposures of US-domiciled companies. Designed as an insurance exchange, Stratus involves 30 traditional and alternative capital provider participants evaluating each risk individually to determine the most appropriate support for each placement. “This…

Russian-speaking hackers used SpaceX’s coding assistant, Cursor, to help break in to a Belgian chemical company and at least six other firms earlier this year, according to data reviewed by Reuters and a report issued on Thursday by the startup Gambit Security. The cybercriminals’ AI-boosted hacking spree is the latest example of how rogue actors are using commercial AI tools to carry out intrusions. Gambit’s chief strategy officer, Curtis Simpson, said it also showed how AI providers were locked in to a never-ending arms race with malicious users trying to circumvent their guardrails. “This is going to be a cat-and-mouse…

Scientists are rushing to understand the exact causes of the deadly flash flood that sent a wall of mud and water tearing through Himalayan river valleys on the China-Nepal border. What’s clear so far is that a huge chunk of a glacier collapsed and that a 5.2 magnitude seismic event occurred at around 8:37 a.m. local time Wednesday, which in turn led to a catastrophic flow of debris downstream, the US Geological Survey said. “What we’ve certainly confirmed – there was a large ice avalanche, probably a mixture of ice and rock, which detached and then became fluid and then…

AI agents created by OpenAI broke into the company’s own systems during internal tests and in some cases tried to conceal their behavior, the company said in a report published Wednesday. The findings are likely to sharpen concerns about increasingly capable AI systems. OpenAI said some agents escaped restricted testing environments, collaborated with other agents and tampered with company systems, while others cheated on tasks unrelated to cybersecurity. Some of the rogue behavior, which culminated in the breach of the open-source software platform Hugging Face last month, has been disclosed or alluded to previously. But many details are being revealed…

The US Northeast and Mid-Atlantic, including New York City, face another round of thunderstorms, increasing flood risks and transportation woes, with even the slight chance of a tornado. Flood watches will cover New York’s five boroughs, as well as stretching from the lower Hudson Valley across New Jersey to eastern Pennsylvania, including Philadelphia, starting midday Thursday, the National Weather Service said. Depending on the exact track of the storms, rain may fall at rates of up to 2.5 inches (6 centimeters) per hour, with New York City seeing as much as 3 inches overall. In addition to the flood threat…

Insurers are aiming for a bigger slice of the market for significant risk transfers this year as banks step up their use of the hedging instruments. Firms expect to participate in about 50% more SRTs than in 2025, according to a survey of 14 global insurers and reinsurers by the International Association of Credit Portfolio Managers. They predict that growth will be strongest in transactions linked to corporate loans and asset-based finance, followed by deals tied to residential mortgages, the survey found. Banks use SRTs to insure loans against default, typically obtaining protection for between 5% and 15% of the…

Cyber insurers have spent years defining what constitutes a hack and when coverage should pay out, but the rapid emergence of AI agents is raising new questions, forcing insurers to review their policies. Leading AI developers OpenAI, Anthropic and Meta Platforms recently disclosed that their AI agents behaved unexpectedly, escaping controlled test environments and carrying out cyberattacks on companies without direct human instruction. While those incidents did not cause reported damage, they highlighted the rapidly evolving cyber risks facing companies and insurers. After receiving an initial instruction, autonomous AI systems can make independent decisions. Insurers, including MSIG, QBE and Beazley…

Uber Technologies Inc. is rolling out a new safety feature that lets parents or guardians view a video livestream of their teenager’s ride. The feature uses the selfie camera on the driver’s phone and notifies an authorized guardian if a livestream is available for viewing within the Uber app, the rideshare company said in a statement on Tuesday. Both the teen and the driver will be alerted when the parent is tuning in. The safety measure will roll out nationwide over the coming weeks and is currently being tested in nine markets across the US: Atlanta, Phoenix, Orlando, San Antonio,…

This article is part of a sponsored series by EZLynx. Key Takeaways A client call is only as fast as the information behind it – digging through carrier portals, spreadsheets and old notes costs real time on every single call EVA Account Summarization pulls a client’s emails, texts, agent notes and account activity into one summary in seconds, with a timeframe agents set themselves, from the last week to the last 12 months EVA also suggests next steps, so agents get a starting point for client conversations, not just a history of them Time that used to go into searching…

A Connecticut woman has been arrested and charged with illegally collecting workers’ compensation benefits worth $19,082 from her employer Waterbury hospital while she was allegedly working another job as a home health aide. The Chief State’s Attorney reported that Tashia McKenzie, of Waterbury, surrendered herself at the Rocky Hill Police Department where she was released on a $10,000 non-surety bond. According to the arrest warrant affidavit, on July 21, 2021, McKenzie reported sustaining a work-related back injury while employed as a certified nursing assistant at St. Mary’s Hospital in Waterbury. As a result of her injury, she received temporary partial…