November 28, 2023
A spate of attacks on merchant shipping near Yemen and Somalia, likely triggered by the war in Gaza, have prompted the US to warn vessel operators to be extra careful when navigating the region. On Nov. 19, Houthis seized of …
November 28, 2023
The National Council of Insurance Legislators (NCOIL) said it elected a new slate of officers at its Annual National Meeting. Texas Representative Tom Oliverson will serve as president; New York Assemblywoman Pamela Hunter was elected as vice president; Minnesota Senator …
November 28, 2023
The United States, Britain and more than a dozen other countries on Sunday unveiled what a senior U.S. official described as the first detailed international agreement on how to keep artificial intelligence safe from rogue actors, pushing for companies to …
November 28, 2023
Much more work and collaboration needs to be done but the U.S. Treasury has reached a “tentative conclusion” that a potential federal cyber insurance backstop will be focused on catastrophic cyber risk. “We will remain focused on the policy options …
November 27, 2023
The Biden administration will announce a redoubling of measures to strengthen supply chains on Monday, expanding an effort it credits with helping to ease post-pandemic inflation. Central to the effort is a new White House Council on Supply Chain Resilience, …
November 27, 2023
Canceled offshore wind projects, imperiled solar factories, fading demand for electric vehicles. A year after passage of the largest climate change legislation in U.S. history, meant to touch off a boom in American clean energy development, economic realities are fraying …
November 27, 2023
Honda is recalling select 2023-2024 Accord and HR-V vehicles due to a missing piece in the front seat belt pretensioners, which could increase injury risks during a crash. According to notices published by Honda and the National Highway Traffic Safety …
November 27, 2023
When Cher Scarlett began speaking up about labor issues at Apple Inc., she knew she was at risk of losing her software engineering job, but was confident she could find another. Yet two years after her departure from the iPhone …
November 27, 2023
The agreement by the maker of OxyContin to settle thousands of lawsuits over the harm done by opioids could help combat the overdose epidemic that the painkiller helped spark. But that does not mean all the victims are satisfied. In …
November 22, 2023
After a costly 2023 severe convective storm season in the US, reinsurers underwriting in the regional property catastrophe market are skeptical about providing frequency cover, but their overall appetite remains healthy, according to Gallagher Re. Carriers are less willing to …