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Hellman & Friedman Explores Sale of Applied Systems at Up to $10B, Sources Say Private equity firm Hellman & Friedman is exploring a sale of insurance software provider Applied Systems that could value the company at up to $10 billion, according to people familiar with the matter. The private equity firm is working with …
POSTED SEPTEMBER 24, 2026 2:02 PM |
Hurricane Watch Posted on Hawaii’s Big Island as Nolo Approaches A hurricane watch has been issued for Hawaii’s Big Island as Tropical Storm Nolo strengthens south of the island chain. Nolo, with top winds of 40 miles (64 kilometers) per hour was 500 miles south of Honolulu and on a …
POSTED SEPTEMBER 24, 2026 1:53 PM |
Online Insurance Marketplace Insurify Blocks Meta’s Personal AI Agent Muse Early this year, Insurify caused a stir when it began what was thought to be the first insurance app with ChatGPT’s Open AI. In fact, the news momentarily shook the S&P 500 Insurance index. On Sept. 23, the online insurance …
POSTED SEPTEMBER 24, 2026 1:43 PM |
People Moves: Taylor Returns to Plymouth Rock Assurance as President and CEO Boston-based Plymouth Rock Assurance Corp. named Chris Taylor as president and chief executive officer. He will lead Plymouth Rock’s Independent Agency Group, effective October 12. Taylor brings personal lines leadership experience to the role, most recently as vice president and …
POSTED SEPTEMBER 24, 2026 1:42 PM |
This Week’s Northeast Disruption Puts Spotlight on Aging Air Traffic System Communications failures that snarled hundreds of flights across the Northeast on Monday have put the spotlight back on the aging systems that air traffic controllers rely on in the U.S. Congress already handed the Federal Aviation Administration $12.5 billion last …
POSTED SEPTEMBER 24, 2026 12:46 PM |
New Zealand Says China Is its Most Persistent State-Backed Cyber Threat New Zealand’s cyber security agency said China was the country’s most persistent and capable state-backed cyber threat, as foreign actors targeted government agencies and organizations in sectors including health, education and information technology. The National Cyber Security Centre (NCSC), part …
POSTED SEPTEMBER 24, 2026 12:23 PM |
Northeast Expecting Torrential Rains, Flood Risk as Coastal Storm Builds A powerful coastal storm is building off the Northeast, threatening to bring torrential rain across parts of eastern Massachusetts and raising flood risks to New York City, New Jersey and Washington, DC into the weekend. The Nor’easter system is forecast …
POSTED SEPTEMBER 24, 2026 12:00 PM |
Grid Operator E.ON Warns of Growing Risk of Attacks on Energy Infrastructure Companies must prepare for successful attacks on critical power infrastructure as both physical and cyber threats continue to increase, the CEO of E.ON, Europe’s largest operator of energy grids, said on Thursday. “Attacks on our grids are increasing significantly,” Leonhard …
POSTED SEPTEMBER 24, 2026 11:28 AM |
Indian Insurance and Bank Stocks Tumble on Fee Cap Proposal PB Fintech Ltd. led a slide in shares of Indian insurance companies, distributors and lenders on Thursday, after the country’s insurance regulator proposed caps on commissions and tighter management expenses. PB Fintech plunged by a record 30%, its worst day …
POSTED SEPTEMBER 24, 2026 10:48 AM |
OpenAI Agent Hacked Australian Government Health Website An OpenAI model hacked an Australian government website earlier this year, marking one of the first known cyberattacks by artificial intelligence on a government database. The AI system gained unauthorized access to files on a website for reporting healthcare statistics, …
POSTED SEPTEMBER 24, 2026 10:18 AM |
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