National News

US House Votes to Repeal Labor Board Rule on Contract, Franchise Workers

The Republican-led U.S. House of Representatives on Friday voted to repeal a federal labor board rule set to take effect in February that would treat companies as the employers of many contract and franchise workers and require them to bargain …

SEC Had a Fraught Cyber Record Long Before X Account Was Hacked

The hack of the U.S. Securities and Exchange Commission’s X account earlier this week is shining a light on an uncomfortable truth: Cybersecurity measures at Wall Street’s chief regulator have repeatedly been found to be lacking. The agency wasn’t fully …

Bottled Water Contains More Plastic Particles Than Previously Thought

A typical one-liter (33-ounce) bottle of water contains some 240,000 plastic fragments on average, according to a new study. Many of those fragments have historically gone undetected, the researchers determined, suggesting that health concerns linked to plastic pollution may be …

FAA Launches Probe of Boeing 737 MAX 9 After Mid-Air Panel Incident

The U.S. Federal Aviation Administration is launching a formal investigation into the Boeing 737 MAX 9 after a cabin panel blew off an Alaska Airlines flight last week in mid-air, forcing an emergency landing, the regulator said on Thursday. The …

Activist Group Scorecard: Insurers Adopting Policies on Oil and Gas Slowed in 2023

The number of insurers adopting policies on oil and gas has slowed, according to climate activist organization Insure Our Future’s seventh annual “Scorecard on Insurance, Fossil Fuels and the Climate Emergency” released this week. The scorecard assesses the policies on …

Riskonnect Acquires Ventiv Technology in Risk Management Deal

Riskonnect, a provider integrated risk management (IRM) solutions, said Thursday is acquired Ventiv Technology, a provider of risk, insurance and underwriting technology solutions. “The acquisition adds substantial value for our customers, giving users of both companies access to a broader …

People Moves: AXIS Appoints Tan Head of Wholesale Casualty; Fiato Named Allstate Chief Claims Officer; Schoberth to Lead Canopius US Distribution

AXIS Capital Holdings Limited named Anna Tan as head of wholesale casualty. Tan joins AXIS from Navigators, a brand of The Hartford, where she served for over 12 years, most recently as head of excess casualty. Before this, she spent …

Auto Insurance Costs Soar by 20% in the US

There’s no relief in sight for US car owners who’ve faced soaring costs of maintaining a vehicle in the past two years. Prices of motor-vehicle insurance rose 20.3% in December from a year earlier, the biggest jump since 1976, according …

Title Insurer Fidelity National Says 1.3 Million Customers Affected by Cyberattack

Title insurer Fidelity National Financial (FNF) said about 1.3 million customers have been impacted by a cyberattack it suffered last November. According to a filing with the U.S. Securities and Exchange Commission, FNF became aware of a cybersecurity incident on …

SEC Approves Bitcoin ETFs in Watershed for Crypto Market

The U.S. securities regulator on Wednesday approved the first U.S.-listed exchange traded funds (ETFs) to track bitcoin, in a watershed for the world’s largest cryptocurrency and the broader crypto industry. The Securities and Exchange Commission said it approved 11 applications, …

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