April 8, 2019
Food safety inspectors in New York state failed to take action in response to hundreds of serious health code violations, according to a state audit published Friday. Officials from state Comptroller Thomas DiNapoli’s office analyzed 984 violations categorized by local …
April 8, 2019
Facial recognition technology was already seeping into everyday life — from photos on Facebook to police scans of mugshots — when Joy Buolamwini noticed a serious glitch: Some of the software couldn’t detect dark-skinned faces like hers. That revelation sparked …
April 8, 2019
The Federation of European Risk Management Associations (FERMA) is concerned about proposed cyber insurance guidelines being developed by the International Organization for Standardization (ISO), calling them “premature” and “inappropriate.” The proposed standard, ISO/IEC 27102, encompasses information security management guidelines for …
April 8, 2019
The largest ever money laundering scandal in Europe is rippling through the region’s banks. It began in the Baltics and has engulfed several Nordic lenders, notably Denmark’s Danske and Sweden’s Swedbank, who had large Baltic operations. Here are some facts …
April 8, 2019
Authorities are shutting down an eastern China industrial park after 78 people were killed last month by a chemical explosion, the city government said Friday. Local departments have met to discuss how to eliminate chemical plants with low safety standards …
April 8, 2019
Minutes after take-off, the pilots of an Ethiopian Airlines 737 MAX were caught in a bad situation. A key sensor had been wrecked, possibly by hitting a foreign object, according to four aviation experts and two U.S. officials who were …
April 8, 2019
Berkshire Hathaway Specialty Insurance Co. (BHSI) announced that it has begun offering transactional liability insurance through its Asia and Middle East (AME) regions and appointed Steven Harwood as the head of transactional liability in AME. Harwood comes to BHSI from …
April 8, 2019
Washington Insurance Commissioner Mike Kreidler’s criminal investigations unit has extradited Kreidler’s “insurance fraud most wanted suspect” Jessica Epler from Pennsylvania to face felony charges of theft and insurance fraud in Spokane County. Epler has been on Kreidler’s most wanted list …
April 8, 2019
Johnson & Johnson won the latest trial over claims its iconic baby powder can cause cancer, as a jury in Long Beach, California, rejected a lawsuit brought by a 65-year-old retired teacher who claimed the product was contaminated with asbestos. …
April 8, 2019
Long-time Nationwide Chief Executive Officer Steve Rasmussen plans to retire later in 2019, the company disclosed. Rasmussen’s last official day as CEO will be Oct. 1, 2019, capping more than 10 years leading the Ohio-based insurer. Nationwide noted, however, that …