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Donald Trump · New YorkThe surety bond contract with Chubb's Federal Insurance Co. was signed by Trump earlier this week. Though it prevents writer Carroll from immediately collecting the award, it is a promise Federal will pay if Trump loses the appeal or fails to pay. Trump needed to secure the bond, which includes interest, before Monday to pause the execution of the judgement.See the Story
Trump Posts $91.6M Bond From Chubb Subsidiary in Carroll Case
Saudi Arabia · Saudi ArabiaTwo crew members from the Philippines and another from Vietnam died Wednesday when the Yemen-based Houthis attacked the bulk commodities vessel True Confidence. At least two other sailors were injured. The incident marks the first deaths of crew members in the militants' campaign against commercial shipping in one of the world's busiest waterways.See the Story
Deadly Ship Attack Means Red Sea Voyages Need Re-Thinking, Union Says
Tallahassee · TallahasseeTwo bills would limit policy cancellations and nonrenewals after storm damage. Orion180 CEO Ken Gregg: "It absolutely it gives me pause to sit here and see the state revert back" The bills arose out of concerns by some Florida insurance agents that they may have some liability.See the Story
Insurer CEO Warns Limits on Cancellations Will Deter Carriers From Florida Market
Kyiv · KyivMarsh McLennan, the Ukrainian government and Lloyd's have announced a major expansion of the Unity insurance facility. Unity offers hull and separate protection & indemnity (P&I) war risk insurance at significantly reduced premiums compared to standard market pricing. It will provide exporters with lower premiums to ship a wider range of goods through its Black Sea trade routes.See the Story
Marsh McLennan, Ukraine, Lloyd's Expand Insurance Facility for Non-Military Shipments
MicrosoftState-backed hackers from Russia, China, and Iran have been using tools from Microsoft-backed OpenAI to hone their skills and trick their targets. Microsoft announced the find as it rolled out a blanket ban on state-backed hacking groups using its AI products. Russian, North Korean and Iranian diplomatic officials didn't immediately return messages seeking comment on the allegations.See the Story
Microsoft says it caught hackers from China, Russia and Iran using its AI tools
Coverage: 2 sources
Insurance · Saudi ArabiaHouthi attacks in the area are punishing the commercial interests of vessels with ties to the west. Some Chinese-linked vessels are having to pay as little as 0.35% of their hull and machinery value to obtain insurance for transit. Most ships are paying somewhere between 0.5% and 0.75%.See the Story
Chinese Ships Get Cheaper Insurance to Navigate Red Sea
Power Outages · ChileThe Aconcagua refinery, Chile's second-largest, has been shut down since Friday following a power outage. The wildfires have left at least 51 people dead and burned tens of thousands of hectares of land. Authorities have called the catastrophe the deadliest since the powerful 2010 earthquake that left about 500 people dead.See the Story
Chile's Second-Largest Refinery Shuttered Due to Power Outage Following Wildfires
NATO · RussiaEstonian commander: Russia is likely behind an increase in instances of jamming satellite signals in eastern Europe. Moscow may be war-gaming jamming capability amid risks of a future potential conflict with North Atlantic Treaty Organization. Russian Defense Ministry has confirmed in the past that its electronic-warfare units in Kaliningrad have held training exercises for disrupting radio and satellite signals.See the Story
Russia may be stepping up its jamming attacks on NATO countries to 'learn and test' them, general says
100% Left coverage: 1 sources