NHTSA Opens Investigation Into Tesla Seat Belts Coming Loose March 29, 2023 U.S. highway safety regulators have opened yet another investigation into problems with Teslas, this time tied to complaints that the...
Colombia, Peru Eye World Bank Catastrophe Bonds on Renewed Investor Interest March 29, 2023 By Esteban Duarte and Marcelo Rochabrun Colombia and Peru are considering returning to a World Bank program that issues bonds to cover claims on natural disasters...
Insurance That’s Out of This World, Literally March 29, 2023 By Elizabeth Blosfield Battleface CEO Sasha Gainullin feels confident that as space tourism evolves, more data will exist to make insurers more comfortable...
Ermotti to Step Down as Swiss Re Chair to Take UBS Role; Interim Chair Named March 29, 2023 Sergio P. Ermotti is stepping down as the chairman of Swiss Re, following his appointment as the new CEO of...
People Moves: FM Global Leadership Appointments; INSUREtrust Names Levy EVP; W. R. Berkley Hires President of Berkley Luxury Group March 29, 2023 FM Global has announced six senior leadership appointments, aligning areas of expertise to ensure a continued growth journey while maintaining...
APCIA Says Property Insurance Market ‘Hardest in a Generation’ March 29, 2023 By Jim Sams A combination of historic high inflation and a growing frequency of natural catastrophes is creating the hardest market in a...
Brazil Miner Vale to Pay $56M to Settle SEC Charges Related to Dam Safety Disclosures March 29, 2023 Brazilian mining firm Vale SA agreed to pay $55.9 million to settle charges related to allegedly false and misleading disclosures...
At Least 50 U.S. Government Employees Hit With Spyware, Prompting New Rules March 29, 2023 By Christopher Bing At least 50 U.S. government staffers stationed in 10 countries were targeted with commercial hacking tools, commonly known as spyware,...
UK’s Poor Climate Planning Risks ‘Cascading Failures’: Report March 29, 2023 By Olivia Rudgard Britain is “strikingly unprepared” for a changing climate and could face disruptions to energy, food supply, transport and communications infrastructure...
Mississippi Insurance Agency, Like Others Hit by Storms, Vows to Rebuild After Tornado March 29, 2023 By William Rabb For the third time in the last 18 months, tornadoes or a hurricane have wiped out or have heavily damaged...