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Stolen Renoir, Cézanne and Matisse Were Probably Uninsured, Market Sources Say
Three paintings by French masters Pierre-Auguste Renoir, Paul Cézanne and Henri Matisse stolen from a museum in northern Italy last week were probably not insured, according to market sources. One fine art underwriter told the Reuters publication The Insurer that …
POSTED APRIL 02, 2026 10:17 AM |
UK Motor Finance Scandal to Cost Lenders $12 Billion
The motor finance industry must pay around 9.1 billion pounds ($12 billion) to compensate UK motorists for unfair vehicle loans under the market regulator’s trimmed, final bill for one of Britain’s costliest financial mis-selling scandals. The headline number, unveiled by …
POSTED APRIL 02, 2026 9:14 AM |
Secret Codes and Yuan Fees Get Ships Through Iran’s Hormuz Tollbooth
In recent days, the operator of an oil tanker stuck in the Persian Gulf received a compelling proposal. After weeks at anchor with missiles and drones passing overhead, it could finally sail safely out through the Strait of Hormuz and …
POSTED APRIL 02, 2026 8:39 AM |
Update: Hopes Dim for Swift End to Iran War After Trump Speech, Oil Prices Surge
Hopes for a swift end to the Middle East war faded on Thursday after U.S. President Donald Trump vowed more aggressive strikes on Iran, sending oil prices back well over $100 a barrel in a blow to consumers around the …
POSTED APRIL 02, 2026 7:53 AM |
Meet the New AI Coworker Who Won’t Stop Snitching to Your Boss
The Slack messages began arriving at 5:47 a.m. on a recent Monday. Three sales proposals had gone out the previous week and none of the team members had scheduled follow-ups. The reminders were crisp, professional and relentless — and they …
POSTED APRIL 02, 2026 7:25 AM |
People Moves: Shankland to Lead Markel Ocean Cargo, US; Verisk Hires Murphy to Lead Sales for Claims Solutions; Kalepa Appoints Howell as Head of Product
Markel said James Shankland has been appointed head of ocean cargo, U.S. He will lead the growth of Markel’s U.S. cargo portfolio, and be responsible for underwriting strategy, portfolio management and broker engagement. He’ll work closely with actuarial, claims, operations …
POSTED APRIL 02, 2026 5:43 AM |
Baidu Robotaxis Freeze Mid-Ride in Wuhan, Trap Passengers
A number of Baidu Inc.’s Apollo Go robotaxis suddenly stopped on the streets of China’s Wuhan city on Tuesday, trapping passengers in vehicles and raising concerns about the safety and reliability of autonomous driving technology. Wuhan police received multiple reports …
POSTED APRIL 02, 2026 5:15 AM |
Perplexity AI Machine Accused of Sharing Data With Meta, Google
Perplexity AI Inc. was accused in a lawsuit of surreptitiously sharing the personal information of its users with Meta Platforms Inc. and Alphabet Inc.’s Google in violation of California privacy laws. As soon as users log into Perplexity’s home page, …
POSTED APRIL 02, 2026 5:13 AM |
EPA Watchdog Finds Nation’s Most Toxic Sites Are Vulnerable to Flooding, Wildfires
About 100 of the nation’s most contaminated toxic waste sites are in areas prone to flooding and wildfires, a potential public health threat to millions of Americans in surrounding communities, the internal watchdog at the U.S. Environmental Protection Agency has …
POSTED APRIL 02, 2026 5:09 AM |
Viewpoint: Why Brokers Struggle to Navigate Data Complexity and What to Do About It
The insurance industry relies on data to assess and price risks, and to develop products that meet policyholders’ needs. Insurance agencies and brokerages collect data about customers and their risks, and this data in turn is exchanged with underwriters to …
POSTED APRIL 02, 2026 5:05 AM |
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