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Newmark Awarded Exclusive Leasing and Management Assignment for 4.2 Million-Square-Foot Flex and Office Portfolio in Suburban Philadelphia
NEW YORK, March 18 -- Newmark Group posted the following news release:
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Newmark Awarded Exclusive Leasing and Management Assignment for 4.2 Million-Square-Foot Flex and Office Portfolio in Suburban Philadelphia
Newmark Group, Inc.[i] (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the Company has been awarded the exclusive leasing assignment for a 66-building, 4.2 million-square-foot office and flex portfolio spanning key submarkets
... Show Full Article
NEW YORK, March 18 -- Newmark Group posted the following news release:
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Newmark Awarded Exclusive Leasing and Management Assignment for 4.2 Million-Square-Foot Flex and Office Portfolio in Suburban Philadelphia
Newmark Group, Inc.[i] (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the Company has been awarded the exclusive leasing assignment for a 66-building, 4.2 million-square-foot office and flex portfolio spanning key submarketsin Suburban Philadelphia, including Wayne, Malvern, Exton and Horsham. Newmark will provide integrated leasing, property management and project management services for the portfolio, positioning the assets for a new phase of operational stability and leasing momentum.
Executive Managing Director Jim Dugan, Senior Managing Directors Patrick Nowlan and Justin Bell and Associate Sean Donnelly will provide leasing services for the portfolio on behalf of a court-appointed receiver. Property Management services will be led by Senior Vice President Gregory Bond, RPA, CCIM, CPM and Vice President Carol Driver, LEED GA, supported by a newly assembled, nearly 20-member on-site management and engineering team. Senior Managing Director Steve Milliken will oversee Project Management services.
"With the right operational infrastructure now in place, funding for tenant improvements and capital investment, and a fully integrated team across leasing, management, and project delivery, we are positioned to drive renewed momentum across the portfolio," said Dugan. "Flex product in suburban Philadelphia continues to show resilience, and as market fundamentals stabilize, we see meaningful opportunity to capture tenant demand and execute strategic lease-up."
Flex product within the portfolio demonstrates particularly strong fundamentals, with occupancy reaching 85% in Chester County and 92% in Horsham.
Notable office properties in the portfolio include
* 2 West Liberty Boulevard in Malvern
* 40 Liberty Boulevard, Malvern
* 4, 5, & 7 Walnut Grove Drive in Horsham
The assignment builds on Newmark's strong presence across Suburban Philadelphia and deep expertise in flex and hybrid office product, where tenant demand continues to favor high-quality assets offering operational flexibility and access to talent.
According to Newmark Research, the region's office market is nearing an inflection point, with leasing momentum improving and sublease availability declining for several consecutive quarters. Suburban market fundamentals have stabilized, with high-quality, amenitized assets in prime nodes outperforming. Asking rents have held up better than occupancy would suggest, supported by resilient demand in top-tier assets and limited new construction. Headline vacancies will likely remain elevated in Greater Philadelphia's Suburban office markets while conditions will gradually improve in the most competitive assets and locations.
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[i] [i]Dba Newmark Real Estate in Pennsylvania
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About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended December 31, 2025, Newmark generated revenues of nearly $3.3 billion. As of December 31, 2025, Newmark and its business partners together operated from approximately 175 offices with over 9,300 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.
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Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
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Original text here: https://www.nmrk.com/insights/press-releases/newmark-awarded-exclusive-leasing-and-management-assignment-for-4-2-million-square-foot-flex-and-office-portfolio-in-suburban-philadelphia
[Category: BizReal Estate]
Morgan Stanley Infrastructure Partners Agrees to Sell Bayonne Energy Center
NEW YORK, March 18 -- Morgan Stanley, a multinational financial services corporation, issued the following news release:
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Morgan Stanley Infrastructure Partners Agrees to Sell Bayonne Energy Center
Morgan Stanley Investment Management (MSIM), through investment funds managed by Morgan Stanley Infrastructure Partners (MSIP), its private infrastructure investment platform, today announced it has agreed to sell its ownership stake in Thermal Bayonne Holdings, LLC (Bayonne Energy Center or Bayonne) to Jupiter Energy Investor, LLC.
Located in Bayonne, New Jersey, Bayonne Energy Center supplies
... Show Full Article
NEW YORK, March 18 -- Morgan Stanley, a multinational financial services corporation, issued the following news release:
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Morgan Stanley Infrastructure Partners Agrees to Sell Bayonne Energy Center
Morgan Stanley Investment Management (MSIM), through investment funds managed by Morgan Stanley Infrastructure Partners (MSIP), its private infrastructure investment platform, today announced it has agreed to sell its ownership stake in Thermal Bayonne Holdings, LLC (Bayonne Energy Center or Bayonne) to Jupiter Energy Investor, LLC.
Located in Bayonne, New Jersey, Bayonne Energy Center supplieselectricity, capacity, and ancillary services exclusively to New York City via a dedicated subsea cable system. MSIP acquired the generating facility in 2018 and has since managed the plant through its power asset management platform TigerGenCo.
"As the newest dispatchable generator serving New York City, Bayonne has demonstrated exceptional operational performance and plays a critical role in supporting New York's grid reliability," said Dan Barbosa, Executive Director at Morgan Stanley Infrastructure Partners.
"Bayonne exemplifies MSIP's approach to enhancing asset quality and resilience through active operational and commercial management," said Chris Ortega, Managing Director and Head of Americas at Morgan Stanley Infrastructure Partners.
Bayonne Energy Center is a 660-megawatt dual-fuel generating facility serving the five boroughs of New York City or what is referred to as NYISO Zone J, one of 11 geographic "load zones" managed by the New York Independent System Operator (NYISO) to maintain the reliability of the state's bulk power grid and administer wholesale electricity markets. Bayonne was commissioned in 2012 and is comprised of 10 simple-cycle aeroderivative gas turbines capable of rapidly starting and following electricity demand as a peaking resource.
The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions and regulatory approvals. Jefferies LLC served as lead financial advisor to MSIP.
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About Morgan Stanley Infrastructure Partners
Morgan Stanley Infrastructure Partners (MSIP) is a leading global private infrastructure investment platform with approximately $17 billion in capital commitments since inception. Founded in 2006, MSIP has invested in a diverse portfolio across transportation, digital, energy transition, and water & waste. MSIP targets assets that provide essential public goods and services with the potential for value creation through active ownership. For further information about Morgan Stanley Infrastructure Partners, please visit www.morganstanley.com/im/infrastructurepartners.
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About Morgan Stanley Investment Management
Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,400 investment professionals around the world and $1.9 trillion in assets under management or supervision as of December 31, 2025. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im.
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About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.
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Original text here: https://www.morganstanley.com/about-us-newsroom/#-536583991-tab
[Category: BizFinancial Services]
Jimmy Dean Protein Lineup Expands With New Bowls Featuring 40 Grams of Protein
SPRINGFIELD, Arkansas, March 18 -- Tyson Foods, a producer of chicken, beef and pork, issued the following news release:
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Jimmy Dean(R) Protein Lineup Expands with New Bowls Featuring 40 Grams of Protein
As consumers increasingly prioritize protein, the Jimmy Dean(R) brand is introducing a new lineup of high protein options that deliver up to 40 grams of protein per serving. The new items give shoppers an approachable way to meet their protein goals with convenient options in the frozen aisle where they already turn for quick, satisfying meals.
The Jimmy Dean protein focused portfolio
... Show Full Article
SPRINGFIELD, Arkansas, March 18 -- Tyson Foods, a producer of chicken, beef and pork, issued the following news release:
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Jimmy Dean(R) Protein Lineup Expands with New Bowls Featuring 40 Grams of Protein
As consumers increasingly prioritize protein, the Jimmy Dean(R) brand is introducing a new lineup of high protein options that deliver up to 40 grams of protein per serving. The new items give shoppers an approachable way to meet their protein goals with convenient options in the frozen aisle where they already turn for quick, satisfying meals.
The Jimmy Dean protein focused portfolioexpands well beyond breakfast, offering high-protein options built for busy lifestyles and delivered in the familiar formats consumers already enjoy.
"Protein has become a priority at all eating occasions, not just a breakfast consideration," said Kristina Lambert, Chief Growth Officer at Tyson Foods. "This new lineup builds on what people already trust and love about the Jimmy Dean brand by delivering great taste, convenience and purposeful nutrition. It provides even more ways to fuel busy days."
Jimmy Dean High Protein Bowls -- 40g of Protein
New Jimmy Dean High Protein Bowls each deliver an industry leading 40 grams of protein per serving. The bowls feature scrambled eggs paired with premium meats and cheeses for a warm, feel-good breakfast, lunch or dinner ready in minutes. With select varieties featuring chicken, the bowls offer crave-worthy, high protein meals that fit every part of the day.
Available in three varieties:
* Chipotle Protein Bowl with Chicken
* Classic Sausage & Bacon Protein Bowl
* Zesty Monterey & Bacon Protein Bowl
Jimmy Dean High Protein Sandwiches -- 25g Protein
Jimmy Dean High Protein Sandwiches deliver 25 grams of protein each, making them the highest protein frozen breakfast sandwiches in the category. Crafted for bold flavor and everyday convenience, the sandwiches combine premium proteins with bakery style breads for a satisfying on-the-go option.
Available in three varieties:
* Grilled Chicken Protein Ciabatta
* Sausage on a Spiral Croissant
* Protein Breakfast Burger on Brioche
Jimmy Dean Protein Waffles -- 20g Protein
Jimmy Dean Protein Waffles represent the brand's first entry into the frozen waffle category. Each serving provides 20 grams of protein, offering a familiar option that fits seamlessly into breakfast, snack time or part of a quick meal throughout the day. With classic flavors and a soft texture that is designed to heat perfectly in the toaster, the waffles bring Jimmy Dean brand convenience and flavor to a new format within the frozen breakfast set.
Available in three varieties:
* Buttermilk Protein Waffles
* Blueberry Protein Waffles
* Cinnamon Protein Waffles
As demand continues to grow for great-tasting, protein forward foods that fit into everyday life, Jimmy Dean brand is bringing trusted quality and purposeful nutrition together, helping people feel energized and ready for whatever comes next.
Jimmy Dean High Protein Bowls, High Protein Sandwiches and Protein Waffles are now available at select retailers nationwide. To find a store near you, visit www.jimmydean.com/where-to-buy.
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About Tyson Foods, Inc.
Tyson Foods, Inc. (NYSE: TSN) is a world-class food company and recognized leader in protein. Founded in 1935 by John W. Tyson, it has grown under four generations of family leadership. The Company is unified by this purpose: Tyson Foods. We Feed the World Like Family(R) and has a broad portfolio of iconic products and brands including Tyson(R), Jimmy Dean(R), Hillshire Farm(R), Ball Park(R), Wright(R), State Fair(R), aidells(R) and ibp(R). Tyson Foods is dedicated to bringing high-quality food to every table in the world, safely and affordably, now and for future generations. Headquartered in Springdale, Arkansas, the company had approximately 133,000 team members as of September 2025. Visit www.tysonfoods.com.
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Original text here: https://www.tysonfoods.com/news/news-releases/2026/3/jimmy-deanr-protein-lineup-expands-new-bowls-featuring-40-grams-protein
[Category: Food/BeverageBiz]
Gap Brings Its Iconic "Hoodie House" Experience to Coachella 2026 as the Festival's Exclusive Clothing Apparel Sponsor
SAN FRANCISCO, California, March 18 [Category: BizConsumer Services] -- Gap, a retailer of clothing and accessories, posted the following news release on March 17, 2026:
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Gap Brings its Iconic "Hoodie House" Experience to Coachella 2026 as the Festival's Exclusive Clothing Apparel Sponsor
A limited-edition Gap x Coachella hoodie and on-site customization experience debut as Gap joins the festival for the first time
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This spring, Gap is bringing its iconic hoodie to the desert. In April, Gap will debut Hoodie House at the Coachella Valley Music and Arts Festival as the festival's exclusive
... Show Full Article
SAN FRANCISCO, California, March 18 [Category: BizConsumer Services] -- Gap, a retailer of clothing and accessories, posted the following news release on March 17, 2026:
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Gap Brings its Iconic "Hoodie House" Experience to Coachella 2026 as the Festival's Exclusive Clothing Apparel Sponsor
A limited-edition Gap x Coachella hoodie and on-site customization experience debut as Gap joins the festival for the first time
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This spring, Gap is bringing its iconic hoodie to the desert. In April, Gap will debut Hoodie House at the Coachella Valley Music and Arts Festival as the festival's exclusiveclothing apparel sponsor and official merch partner. The experience reinforces Gap's continued commitment to celebrating music and culture through creativity, self-expression and effortless American style - further cementing Gap as the Home of the Hoodie.
Located directly within the festival grounds, Hoodie House will serve as an immersive hub where festivalgoers, creators and artists can connect through fashion, music and culture. Designed to blend Gap's signature brand codes with California's cool desert vibes, the space will feature exclusive product, customization and lounge seating where guests can recharge, create, cool down and experience Gap in a completely new way.
"Coachella is one of the most influential global stages for music, movement and creativity, making it a natural place for Gap to show up and engage audiences in a meaningful way," said Fabiola Torres, Chief Marketing Officer, Gap brand. "As we continue to strengthen our connection to music culture, Hoodie House brings one of our most recognizable icons into that environment and gives festivalgoers the opportunity to make it their own."
At the center of the activation is a limited-edition Gap x Coachella hoodie available exclusively during both festival weekends, April 10-12 and April 17-19. Offered in a monochrome palette of black, navy and Gap's signature heather grey, the hoodie serves as a versatile festival layer and can be personalized on-site at Hoodie House with limited-edition custom patches, hoodie drawstring bead sets, and collectible bag charms, with new charms dropping each day - all designed exclusively for the Gap experience at Coachella. This activation marks Gap's second iteration of its Hoodie House, which first debuted in Gap's hometown of San Francisco in Fall 2025.
The Gap x Coachella hoodie is available in Gap's Heavyweight fleece and VintageSoft French Terry fabrications, designed to transition easily from daytime wear to cooler desert evenings. The limited-edition style will be available in sizes XS-XXL and retail for $100, with $10 customization available on-site.
Hoodie House - accessible to both General Admission and VIP ticket-holders -- will also offer unique access for Gap Encore Members and credit card holders, who will have the opportunity to reserve express access to the activation in the Encore Market ahead of the festival. All festival attendees can join Encore for free to play the claw machine at Hoodie House for a chance to win a variety of rewards, including an upgrade to VIP Coachella access.
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About Gap:
Gap is a globally recognized icon of casual American style. Founded in San Francisco in 1969, Gap champions originality by creating loved essentials and delivering culturally-relevant experiences that celebrate individuality. Gap is an apparel and accessories brand that offers GapKids, babyGap, Gap Maternity, GapBody and GapFit collections as well as limited-edition collections with GapStudio and with partner brands through GapX. The brand also serves value-conscious customers with exclusively designed collections for Gap Outlet and Gap Factory Stores. Gap is the namesake brand of the global specialty retailer, Gap Inc. (NYSE: GAP) and connects with customers online and in company-operated and franchise retail locations globally. For more information, please visit gap.com.
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Original text here: https://www.gapinc.com/en-us/articles/2026/03/gap-brings-its-iconic-hoodie-house%E2%80%9D-experience-to-
Eastman Increases Oxo NAR/LAR N-Butyl Alcohol & N-Propyl Alcohol Prices on March 17, 2026
KINGSPORT, Tennessee, March 18 -- Eastman Chemical Co. issued the following news release:
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Eastman increases Oxo NAR/LAR N-Butyl Alcohol & N-Propyl Alcohol prices on March 17, 2026
Effective March 17, 2026, or as contracts allow, Eastman Chemical Company is announcing an off-list price increase of $0.13 per pound or $0.285 per kilogram on Eastman(TM) N-Butyl Alcohol and $0.03 per pound or $0.07 per kilogram on Eastman(TM) N-Propyl Alcohol, for North America and Latin America. These increases are due to current market conditions.
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About Eastman
Founded in 1920, Eastman is a global
... Show Full Article
KINGSPORT, Tennessee, March 18 -- Eastman Chemical Co. issued the following news release:
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Eastman increases Oxo NAR/LAR N-Butyl Alcohol & N-Propyl Alcohol prices on March 17, 2026
Effective March 17, 2026, or as contracts allow, Eastman Chemical Company is announcing an off-list price increase of $0.13 per pound or $0.285 per kilogram on Eastman(TM) N-Butyl Alcohol and $0.03 per pound or $0.07 per kilogram on Eastman(TM) N-Propyl Alcohol, for North America and Latin America. These increases are due to current market conditions.
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About Eastman
Founded in 1920, Eastman is a globalspecialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company's innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive company, Eastman employs approximately 13,000 people around the world and serves customers in more than 100 countries. The company had 2025 revenue of approximately $8.8 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com.
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Original text here: https://www.eastman.com/en/media-center/news-stories/2026/eastman-increases-oxo-nar-lar-n-butyl-alcohol-n-propyl-alcohol-prices-on-march-17
[Category: BizLaboratory Sciences]
Allina Health to Join Sutter Health, Creating Bold Vision for Nonprofit Healthcare
SACRAMENTO, California, March 18 -- Sutter Health issued the following news release:
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Allina Health to Join Sutter Health, Creating Bold Vision for Nonprofit Healthcare
United by a shared mission, trusted nonprofit health systems have a unique opportunity to advance innovations that strengthen quality and extend care to more patients
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Sutter Health and Allina Health have signed a Letter of Intent (LOI) for Allina Health to join the California-based system, which would create a combined nonprofit health system that will deliver innovative solutions to improve access and affordability
... Show Full Article
SACRAMENTO, California, March 18 -- Sutter Health issued the following news release:
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Allina Health to Join Sutter Health, Creating Bold Vision for Nonprofit Healthcare
United by a shared mission, trusted nonprofit health systems have a unique opportunity to advance innovations that strengthen quality and extend care to more patients
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Sutter Health and Allina Health have signed a Letter of Intent (LOI) for Allina Health to join the California-based system, which would create a combined nonprofit health system that will deliver innovative solutions to improve access and affordabilityand reimagine exceptional care for patients and communities.
With Northern California at the forefront of AI and platform development and Minnesota's position as the leading hub for med-tech and engineering, the proposed combined system will be uniquely positioned to be a national leader in digital and technological advancements that meaningfully improve patients' and caregivers' experiences, while continuing to provide the compassionate care their respective communities have relied on for decades.
Together with our combined innovative capabilities and enabled by an investment of more than $2 billion in Minnesota and western Wisconsin, we will:
* Improve patient access and affordability by establishing new ambulatory care locations and expanding specialty institutes to deliver excellent care to more patients in more settings.
* Help caregivers spend more time with patients and less time on paperwork through AI and digital solutions that reduce administrative burdens.
* Drive high-quality and safe care, including a focus on prevention, to improve the health of the communities we serve.
* Make it easier for patients to get appointments through more convenient scheduling and innovative consumer digital tools.
* Accelerate physician and clinician recruitment to meet growing patient needs across the continuum of care.
* Advance discovery through research, clinical trials and more to directly impact patient care.
* Be one of the best places to work in healthcare in the nation by growing and investing in the strong teams we have today.
In addition, the organizations expect this combination to benefit California patients through smart, sustainable growth in Minnesota and western Wisconsin, complementary capability growth particularly in clinical centers of excellence, access to next-generation med-tech and clinical partnerships and advancements, national relevance to drive the conversation around healthcare delivery and more.
Allina Health would become the Upper Midwest Division of Sutter Health, maintaining the Allina Health name, brand and regional headquarters in Minneapolis. Sutter Health would maintain its headquarters in Northern California. Warner Thomas would continue to lead the combined system as President and Chief Executive Officer of Sutter Health, with Lisa Shannon remaining President and Chief Executive Officer of Allina Health as it becomes Sutter Health's Upper Midwest Division.
"Healthcare organizations across the country are facing complex challenges and a rapidly evolving landscape. As trusted nonprofit health systems, we have a responsibility to fundamentally transform care for patients and communities across the country," said Thomas. "When Allina Health joins Sutter Health, we look forward to making significant investments that improve care access and patient experience in Minnesota and western Wisconsin communities. This includes establishing new ambulatory and specialty care sites to fill care gaps and meet growing community needs, as well as recruiting more physicians and enhancing AI and digital health capabilities. Building on our complementary strengths and combined expertise, we will build a healthcare innovation engine that accelerates how ideas move from development and design into improving the health of patients and communities."
"We are incredibly excited for the opportunity to harness the collective strength of our two mission-driven organizations to make a difference in the lives of our patients, communities and care teams," said Shannon. "As one nationally leading, locally committed nonprofit health system, we will be uniquely positioned to be at the forefront of innovation, building upon the expertise of our physicians, advanced practice providers, nurses and team members to chart a new path for healthcare."
"Our two storied organizations share a common vision for the future and a proud history of caring for people and communities when they need us most," said Tim Welsh, chair of the Allina Health Board of Directors. "By coming together, we can build upon that legacy, combining our expertise to provide preventive and life-saving care, build nation-leading clinical programs, advance discovery through research and clinical trials, and strengthen access and affordability to better serve our communities now and into the future."
"Together, with our combined resources and greater reach, we will lead the way for evolving how and where care is delivered," said Patrick Blake, chair of the Sutter Health Board of Directors. "We aim to reimagine how patients get and stay well, including focusing on proactive chronic disease prevention and management by combining innovation and more accessible ambulatory and virtual care settings to intervene earlier and improve outcomes."
Upon closing, the organization will have a combined footprint across Northern and Central California, Minnesota and Wisconsin, with 18,000 aligned physicians and 88,000 team members serving more than five million patients. The system will include 39 hospitals and more than 400 primary and specialty care sites, with 12 nationally ranked specialties.
Over the coming weeks and months Sutter Health and Allina Health will complete due diligence and finalize the terms and conditions of the proposed transaction prior to entering into a definitive agreement. The organizations anticipate closing by the end of 2026, pending regulatory approval.
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Original text here: https://vitals.sutterhealth.org/allina-health-to-join-sutter-health-creating-bold-vision-for-nonprofit-healthcare/
[Category: BizHospital]
AI Editing Tools Are Fueling a New Era of Insurance Fraud, According to New Research From Verisk
JERSEY CITY, New Jersey, March 18 (TNSrep) -- Verisk Analytics Inc., a data analytics provider, issued the following news on March 17, 2026:
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AI Editing Tools Are Fueling a New Era of Insurance Fraud, According to New Research from Verisk
* One in three consumers would consider digitally altering an insurance claim image or document to strengthen their case - and that number rises to 55 percent of Generation Z.
* Three out of four insurers (76 percent) say manipulated media submissions have grown more sophisticated - even as confidence lags in detecting deepfakes at scale.
* New Verisk
... Show Full Article
JERSEY CITY, New Jersey, March 18 (TNSrep) -- Verisk Analytics Inc., a data analytics provider, issued the following news on March 17, 2026:
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AI Editing Tools Are Fueling a New Era of Insurance Fraud, According to New Research from Verisk
* One in three consumers would consider digitally altering an insurance claim image or document to strengthen their case - and that number rises to 55 percent of Generation Z.
* Three out of four insurers (76 percent) say manipulated media submissions have grown more sophisticated - even as confidence lags in detecting deepfakes at scale.
* New VeriskState of Insurance Fraud study points to a need for stronger collaboration, more connected systems and technology to help protect policyholders and preserve trust.
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From adjusting the lighting in a photo to repairing a blurry image, AI powered image editing tools have become part of everyday life - and increasingly, part of the insurance claims process. New data from the Verisk State of Insurance Fraud study reveals that more than one third of consumers (36 percent) would consider digitally altering a claim image or document, even if it would break insurer rules. At the same time, insurers report a sharp rise in manipulated media, with nearly all (98 percent) agreeing that AI powered editing tools are fueling an increase in digital insurance fraud.
Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider to the insurance industry, commissioned the Verisk State of Insurance Fraud study to provide insights into how artificial intelligence is reshaping risk and consequences for all participants in the insurance ecosystem, from insurers to policyholders.
"AI editing tools are changing how people interact with digital content, and insurance is feeling that shift in real time," said Shane Riedman, president of Anti Fraud Analytics at Verisk. "Our concern is that many consumers don't see small edits as crossing a line, but when those changes make their way into claims, they can materially affect outcomes. As manipulated media becomes more common, many insurers face growing pressure to establish clearer boundaries, improve visibility, and prevent fraud - while preserving a fair and efficient claims experience for policyholders."
Anyone Can Do It: AI Tools Make Digital Insurance Fraud More Accessible
AI powered editing tools are no longer niche or technical - they're often widely used, easy to access and increasingly realistic. Nearly half (44 percent) of consumers who have used AI editing tools to modify a photo, video or document describe the results of their edits as "very realistic," underscoring how convincingly altered content can now resemble the real thing.
As use becomes more commonplace, personal exposure to AI driven manipulation is also growing.
* Four in 10 consumers (41 percent) say they know someone who has used AI editing tools to alter or create a photo, video, or document for financial gain - including in insurance claims, product returns or online sales.
* This figure jumps to 64 percent for Gen Z and 54 percent for millennial respondents.
* When it comes to insurance specifically, 62 percent of consumers believe people use AI tools to manipulate claim documents often or very often.
Insurers are seeing the same trend play out in real time: 98 percent agree that AI powered editing tools are driving a rise in digital media fraud, 99 percent say they have encountered manipulated or AI altered documentation, and 76 percent of insurers report that AI-altered claims submissions have become more sophisticated in the past year.
As AI powered editing becomes more accessible and more convincing, the Verisk State of Insurance Fraud study shows that many insurers are facing a growing volume of manipulated media that blurs the line between everyday digital behavior and fraud - raising the stakes for claims operations, detection capabilities and trust across the insurance ecosystem.
The Ethics Gap: A Generational Divide
While most Americans say they draw a clear ethical line in principle, real world behavior tells a more complicated story: more than one third (36 percent) say they would still be at least somewhat likely to consider digitally altering a claim to strengthen their case - even if doing so would break insurer rules.
This gap is most pronounced among younger generations:
* Half of Generation Z and Millennials (55 and 49 percent, respectively) say they would consider making a digital edit to strengthen a claim.
* Only 28 percent of Generation X respondents, and just 12 percent of Baby Boomers would consider doing so.
These generational differences suggest that younger consumers may be more comfortable navigating gray areas around digital edits, especially as AI tools become more embedded in everyday technology use.
When it comes to specific edits: just over half of consumers (52 percent) say adjusting brightness or contrast to make damage easier to see is acceptable, and 49 percent are comfortable cropping out unrelated background elements. More concerning, a meaningful minority of consumers say it is acceptable to fabricate or misrepresent claim evidence - including exaggerating damage (15 percent) or even creating images of damage that never occurred (13 percent). Taken together, the data points to a growing ethics gap in which increasingly powerful digital tools are normalizing behavior that can materially affect claim outcomes - creating new challenges for insurers charged with maintaining fairness, consistency, and trust.
Insurers Work to Keep Pace as Digital Fraud Grows More Sophisticated
As manipulated media becomes more common and more sophisticated, two-thirds of insurers (66 percent) believe digital media fraud goes undetected often or very often across the industry. Against that backdrop, many insurers are investing heavily to strengthen their defenses - combining AI tools, training and human review to identify suspicious claims.
* Nearly two thirds of insurers (65 percent) say they use automated, AI based detection tools provided by third parties or vendors.
* Half of insurers (50 percent) report using internally developed AI tools.
Yet confidence in these defenses has not kept pace with the evolving threat. While 58 percent of insurers say they are very confident in their ability to detect edits made to real photos or videos, that confidence drops sharply when it comes to more advanced forms of manipulation. Fewer than half of insurers (43 percent) feel very confident in their organization's ability to assess the authenticity of digital media at scale, and just 32 percent of insurers say they are very confident they could identify a deepfake.
"Insurers aren't standing still, but the threat is evolving faster than many systems were built to handle," Riedman said. "Detection tools that aren't fully integrated into claims workflows can create blind spots. As deepfakes and other AI driven manipulation become more common, the carriers will need more connected systems and shared intelligence to keep pace."
How Digital Fraud is Redefining Insurance Economics, for Insurers and Policyholders
As AI driven digital manipulation becomes more widespread, both consumers and insurers expect its impact to extend far beyond individual claims. Nearly seven in 10 consumers (69 percent) believe fraudulent insurance claims will increase premiums for all policyholders over time, not just those involved in claims. When asked about their top concerns related to AI driven insurance fraud, consumers most often point to broader system wide effects - including the potential for higher premiums (42 percent) and the risk that legitimate claims could be delayed or denied if altered documents are mistakenly flagged as suspicious (36 percent).
These concerns mirror how many insurers themselves view the road ahead. Looking three to five years out, nearly half of insurers (48 percent) expect increased adoption of technology solutions to offset rising digital media fraud, alongside greater regulatory consistency across the industry. Many also anticipate tighter documentation or proof of loss requirements for claimants (45 percent), greater operational strain on claims teams (36 percent), longer claim cycle times (35 percent), and higher premiums for consumers (35 percent). Together, these expectations point to a future in which AI driven digital fraud reshapes not just fraud prevention, but the cost, complexity, and expectations surrounding insurance claims more broadly.
"This isn't a problem any one insurer can solve in isolation," Verisk's Riedman said. "As digital manipulation techniques evolve and deepfakes become more prevalent, many insurers are under pressure to close structural and operational gaps and move toward more connected systems. Doing that effectively will require shared intelligence and better integration - not only to keep pace with increasingly sophisticated fraud, but to help ensure legitimate claims continue to be paid quickly and fairly, and trust in the claims process is preserved."
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About the Verisk State of Insurance Fraud study
The Verisk State of Insurance Fraud study is based on two national surveys - one of 1,000 U.S. consumers and another of 300 insurance claims professionals. The survey was designed to examine how the rapid adoption of AI editing tools is reshaping consumer behavior, fraud risk and insurer readiness.
For more information, click here (https://www.verisk.com/resources/campaigns/verisk-state-of-insurance-fraud-study/?utm_source=wire&utm_medium=pr&utm_campaign=cs-fraud-anti-fraudstudy2026-2026-03-17&utm_content=fraud-study-2026).
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About Verisk
Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, catastrophic events, sustainability and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work. For more, visit Verisk.com and the Verisk Newsroom.
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Original text here: https://www.verisk.com/company/newsroom/ai-editing-tools-are-fueling-a-new-era-of-insurance-fraud-according-to-new-research-from-verisk/
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