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People Moves: WTW Names Beaton Dir. of ICT Underwriting; Parametrix Hires Stephens to Lead US Underwriting; Gaffigan Heads Lockton US Casualty
WTW appointed Darrel Beaton as director of underwriting within the company’s Insurance Consulting and Technology (ICT) business. WTW’s ICT business is a global leader in P/C, life, and health insurance software and advisory services. Beaton joins WTW from Effectus Insurance, …
POSTED OCTOBER 14, 2026 5:52 AM |
AI Models May Soon Self-Replicate Across Smart-Home Devices, Anthropic Warns
Anthropic said small AI models could be months away from self-replicating across internet-connected devices, raising the possibility of AI botnets spreading quickly, fighting takedown attempts and even breaking into data centers to turbocharge their growth. Last month, Anthropic CEO Dario …
POSTED OCTOBER 14, 2026 5:14 AM |
CVS Settles Justice Department Case Over Opioid Prescriptions for $315M
CVS Health has agreed to pay $315 million to resolve allegations that the pharmacy chain operator unlawfully filled medically unnecessary prescriptions for addictive opioid painkillers, the US Justice Department said on Oct. 13. The settlement resolves a case the department …
POSTED OCTOBER 14, 2026 5:05 AM |
Florida Supreme Court Approves Board Certification in Insurance Law
Lawyers on both sides of the insurance aisle will soon be able to say they are “board-certified” in insurance coverage law, after the Florida Supreme Court approved the new certification last week. The court made only minor changes to a …
POSTED OCTOBER 14, 2026 5:02 AM |
NYC Restaurants Shut Off Air Conditioning, Close on Sundays as Costs Surge
New York City restaurants are running out of ways to outrun inflation. CakeBurgers, an East Harlem eatery that serves hamburgers and cakes shaped like hamburgers, turned off its air conditioning — even as temperatures in the city this summer routinely …
POSTED OCTOBER 14, 2026 5:01 AM |
Napa Wildfire Study Eyes Funding Prevention, Improving Insurance Availability
A new report looks into how to put more resources into prevention before a wildfire strikes, maintain resilience and direct new investment where it can deliver the greatest value using Napa, California as a case study. The Napa County wildfire …
POSTED OCTOBER 14, 2026 5:00 AM |
Eastern States’ Grocers Shut Online Systems After Cyberattack
Popular grocery stores owned by Ahold Delhaize in New England, MidAtlantic and Southeastern states are open but online orders and systems have been shut down after a cybersecurity incident. The Netherlands-based company said taking its website and apps offline is …
POSTED OCTOBER 14, 2026 5:00 AM |
The Hartford Completes Deal for Equitable’s Employee Benefits Book
The Hartford on Oct. 13 said it completed its buy of Equitable’s employee benefits business to bolster the insurer’s growth in the small and midsized employer segment. The move will bring in about $500 million in premium in non-medical benefits, …
POSTED OCTOBER 14, 2026 4:25 AM |
Edison Drops on Willful Misconduct Allegations in Eaton Fire Case
Edison International shares fell over 3% on Tuesday after short seller Muddy Waters said it had uncovered new information suggesting the utility acted with “conscious” or “willful” disregard in the Eaton Fire. Related: Southern California Edison Chief Warns Wildfire Impasse …
POSTED OCTOBER 13, 2026 7:11 PM |
FAA Tells US Airlines to Exercise Caution in Saudi Arabia Flights, Citing Safety Risks
The Federal Aviation Administration told US airlines to exercise caution when flying to or over Saudi Arabia, citing safety threats tied to ongoing military activities and navigation system interference. The FAA Notice to Airmen, which lasts until December 10, follows …
POSTED OCTOBER 13, 2026 4:17 PM |
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