National News

Impact of Court Ruling Chubb Unit’s Crime Policy Covers ‘Spoofed’ Wire Transfer

In a closely-watched case on insurance coverage in an age of expanding cyber risk, a federal appeals court in New York has upheld a lower court ruling that a commercial crime insurance policy covers wire transfer losses resulting from a …

Google Claims Google Documents Safe Despite Russian Search Engine’s Warning

Google said Thursday that its document writing tool Google Documents was secure even as Russian internet users discovered scores of files that appeared to be intended for private use. The Russian internet company Yandex said in a statement that some …

Jury Convicts Press Release Hackers Involved in Illegal Trading Scheme

A federal jury in Brooklyn, New York on Friday convicted two men for their roles in an international scheme to make millions of dollars by illegally trading on corporate press releases that were stolen by computer hackers before they became …

Court Upholds Federal Authority to Regulate Hobbyist Drone Use

The U.S. government’s ability to police hobbyist drone use was upheld by an appellate court Friday in a ruling that helps set the stage for a series of new restrictions and requirements aviation regulators hope to enact soon. The U.S. …

Some Health Insurers Say They’ll Be Squeezed by Obamacare Subsidy Freeze

Affordable Care Act insurers are facing a fresh round of uncertainty that could drive up premiums or push companies to stop offering coverage through the law, after the Trump administration’s latest move to cut off subsidies meant to help stabilize …

Beryl, Season’s First Hurricane, Weakens; Caribbean Islands, Puerto Rico Face Uncertainty

Tropical Storm Beryl moved rapidly westward early Sunday, heading for the Lesser Antilles at the eastern entrance of the Caribbean Sea. Although what had been the Atlantic season’s first hurricane was losing power, residents on islands hit hard by storms …

How Real-Time Bridge Monitoring Sensors Work to Detect Structural Defects

Along with flying cars and instantaneous teleportation, smart bridges, roads and subway lines that can send out warnings when they’re damaged are staples of futuristic transportation systems in science fiction. U.S.-based Sandia National Laboratories has worked with Structural Monitoring Systems, …

Global Insurance Premiums Rise by 1.5% in 2017, Driven by Emerging Markets: Swiss Re

Global insurance premiums continued to rise in 2017 with emerging markets leading the way, according to a study published by Swiss Re Institute’s sigma, which is celebrating its 50th anniversary of market research. Global insurance premiums increased 1.5 percent in …

Lawsuit Claims Guggenheim Defrauded Insurance Buyers to Buy Baseball Team

Guggenheim Partners, overseen by billionaire Mark Walter, is facing a lawsuit claiming it defrauded annuity investors by saddling an insurance affiliate with risky assets, and siphoning cash for purposes including Walter’s purchase of the Los Angeles Dodgers baseball team. The …

Robots Portend Grim Future for Working Class: Viewpoint

Marc Andreessen, venture capitalist and one of the pioneers of the world wide web, once declared: “The spread of computers and the internet will put jobs in two categories. People who tell computers what to do, and people who are …

National News Archives by Month