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NOAA Maintains Forecast for Below-Normal Atlantic Hurricane Season
Nearly halfway through the 2026 Atlantic hurricane season, NOAA’s prediction of below-normal activity in the Atlantic basin remains unchanged. Today, forecasters from NOAA’s National Weather Service updated the number of expected named storms to 7-13 (with winds of 39 mph …
People Moves: Aon Promotes Fletcher to Head of M&A, Transaction Advisory, North America
Aon named Tim Fletcher head of M&A, transaction advisory and financial services, North America. Fletcher has over 20 years of industry experience and has served as national practice leader for Aon’s Financial Services Group (FSG) for five years. He will …
AI Risks Require Tougher Cyber Defenses, Top US Officials Warn
The US government’s top information security official warned that computer systems nationwide need to bolster their defenses to meet the growing threat of cyberattacks powered by artificial intelligence. During remarks Wednesday, Acting Federal Chief Information Security Officer Michael Duffy said …
Meta AI Model Accessed Internet, Hacked Outside Firm
Meta Platforms Inc. said one of its artificial intelligence models accessed the internet and hacked into an outside service’s systems during cybersecurity testing, following other recent incidents across the AI industry that have escalated concerns about companies’ control over their …
OpenAI Asks Judge to Toss Apple’s Trade Secrets Lawsuit
OpenAI is asking a federal judge to dismiss a lawsuit filed by Apple Inc. accusing the artificial intelligence company of stealing trade secrets, saying that the iPhone maker’s allegations are meritless. Lawyers for OpenAI said that Apple’s suit falsely portrays …
Allstate Q2 Net Income Jumps 56% on Underwriting
Allstate Corp. second quarter 2026 net income applicable to common shareholders shot up nearly 56% with underwriting income up 56.7% during the period. Net income was about $3.2 billion for Q2 versus $about $2.1 billion for Q2. Underwriting income was …
AI-Native Network American Growth Insurance Makes Heller-Kowitz its First Buy
An insurance brokerage network built around artificial intelligence has completed its first acquisition, adding Heller-Kowitz Insurance Advisors as its inaugural partner agency after spending the past year developing and testing its operating model and gaining private equity backing. Atlanta’s American …