New York Governor Hochul Pulls Robotaxi Expansion Proposal

Published on February 20, 2026

New York Governor Kathy Hochul has pulled her proposal to allow commercial robotaxi services in smaller cities outside New York, a spokesperson for the governor said on Thursday. “Based on conversations with stakeholders, including in the legislature, it was clear …

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Two-Thirds of Independent Agencies Plan to Increase AI Use This Year, Survey Says

February 20, 2026
More than two-thirds of independent agencies plan to increase use of artificial intelligence in the next 12 month though just 8% said AI is currently embedded in their daily workflows, according to a new report from The Big “I” Agents …

Hedge Fund Fermat Says Surge in Cat-Bond Sales Is ‘Breathtaking’

February 20, 2026
The co-founder of Fermat Capital Management says the market for catastrophe bonds is drawing in new issuers at a rate that’s unlike anything he’s seen before. John Seo, managing director and co-founder of Connecticut-based Fermat — a hedge fund manager …