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AI Bubble Risks Worst S&P 500 Crash Since 2008, Strategist Says
The head of market strategy at a London investment bank has a stark warning for investors: the artificial-intelligence trade may soon be over in what could trigger the most severe market crash since the global financial crisis. Equities have powered …
POSTED OCTOBER 09, 2026 5:05 AM |
Viewpoint: The ‘Unbundled’ Insurer Emerges in Age of AI as Value Chain Fragments
A roofing contractor in Florida buys a general liability policy. Between him and the capital that stands behind the policy sits a supply chain: a retail agent, a wholesale broker, an underwriter, a licensed carrier, a reinsurance panel and, increasingly, …
POSTED OCTOBER 09, 2026 5:05 AM |
Hordes of Teens on E-Bikes Force Suburbs to Rewrite Road Rules
Authorities are cracking down on the latest teenage craze wreaking havoc in communities across the US: e-bikes. Police were called when dozens of e-bikes and e-motos swarmed the streets of Bend, Oregon, on a recent afternoon. In Orange County, California, …
POSTED OCTOBER 09, 2026 5:04 AM |
PG&E Warns of Possible Weekend Power Shutoffs Amid Windy California Weather
PG&E Corp. is warning that it may shut off power to some customers in northern California this weekend as dry winds elevate the risk of wildfires. California’s biggest utility may switch off power in as many as seven counties north …
POSTED OCTOBER 09, 2026 5:00 AM |
AI Insiders Voice Alarms to NYC Council as Local Governments Take Up Safety Concerns
Artificial intelligence insiders warned New York City’s leaders about the dangers of the emerging technology on Monday, calling for greater oversight as local governments move to respond to mounting concerns that the systems could endanger humanity. At a hearing of …
POSTED OCTOBER 09, 2026 5:00 AM |
Alliant Insurance Acquires New Hampshire’s Melcher & Prescott
California-based specialty insurance broker Alliant Insurance Services has expanded its presence in New England through the acquisition of Melcher & Prescott, a long-time independent insurance agency in Laconia, New Hampshire. Founded in 1862, Melcher & Prescott provides commercial insurance, employee …
POSTED OCTOBER 09, 2026 5:00 AM |
Army Report Cites Systematic Failures in 2025 Helicopter and Jet Collision That Killed 67
The collision of an American Airlines regional jet and an Army Black Hawk helicopter near Ronald Reagan Washington National Airport last year that killed 67 people was the result of several systemic failures, according to a US Army investigative report …
POSTED OCTOBER 09, 2026 5:00 AM |
California Workers’ Comp Combined Ratio Highest in More Than 20 Years
The projected combined ratio for California workers’ compensation insurers reached 127% in 2025, the highest in more than 20 years, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released its latest Quarterly Experience Report, which delves …
POSTED OCTOBER 08, 2026 6:00 PM |
Ohio Contractor Sued for for Alleged Incomplete Home Improvements
Ohio Attorney General Andy Wilson is suing a home-improvement contractor in southwestern Ohio accused of charging consumers for services that were not completed or, in some cases, even started. Wilson’s lawsuit alleges that Cincinnati-based Quincy Barrett and his company, Crown …
POSTED OCTOBER 08, 2026 4:38 PM |
Texas Agency Sues to Stop Release of Data Center Records, Citing Terrorist Risk
The Public Utility Commission of Texas is asking a Travis County judge to block the release of information showing where data centers and virtual currency mines operate, saying those details could aid terrorists. The lawsuit filed Monday pits the state …
POSTED OCTOBER 08, 2026 4:30 PM |
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