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Lack of Travel Has Harmed Business Relations, Chubb Survey Finds

Business travelers are eager to travel again for work and life, but most remain concerned at the same time about contracting COVID-19 and favor extra precautions. They are also concerned that their lack of travel has hurt their business relationships, …

GM Says It Has Software Fix for Electric Car Bolt’s Battery Fires

Engineers at General Motors have figured out how to fix a battery problem with the Chevrolet Bolt electric hatchback that caused five of them to catch fire. The company says they developed diagnostic software to look for anomalies in the …

As Ransomware Criminals Get More Ruthless, Experts Call for Multi-Pronged Response

Political hand-wringing in Washington over Russia’s hacking of federal agencies and interference in U.S. politics has mostly overshadowed a worsening digital scourge with a far broader wallop: crippling and dispiriting extortionary ransomware attacks by cybercriminal mafias that mostly operate in …

Biden’s Labor Chief Walsh Weighs Employee Status for Many Gig Workers

President Joe Biden’s top labor official said most gig workers in the United States should be classified as “employees” deserving of related benefits, in what could be a policy shift that is likely to raise costs for companies that depend …

Judge Wants NRA to Name Insurance Witnesses in Claims Against New York

A judge ordered the National Rifle Association to provide the names Lloyd’s of London agents or employees who the gun rights group says have information backing its claim that New York’s insurance regulator bullied the company into severing ties with …

University of Hartford Wins 2021 Spencer-RIMS Risk Management Challenge

During the RIMS LIVE 2021 Virtual Conference finale, RIMS CEO Mary Roth and RIMS President Ellen Dunkin announced the University of Hartford student team as the winner of the 2021 Spencer-RIMS Risk Management Challenge. Competing against 18 other universities from …

Pennsylvania Regulator Asks Insurers To Assess Pandemic’s Impact in Rate Filings

The Pennsylvania Insurance Department has issued guidance for property/casualty insurers in the state to continue to assess the impact of the COVID-19 pandemic in rate filings. “Much has changed since the start of the pandemic, and there will be lasting …

People Moves: Berkley Re UK Names Himmer; RSG Transactional Risks Adds Schiener

W.R. Berkley Corp. named Clare Himmer as president of Berkley Re UK Limited, effective September 1, 2021. In the interim, Richard Fothergill will continue as Berkley Re UK’s CEO, with the expectation that, by the end of 2021, Himmer will …

UK Supreme Court Urged to Allow Privacy Class Action Against Google

Blocking a proposed British class action against Google, that alleges it secretly tracked millions of iPhone users a decade ago, risks allowing big firms to behave with impunity, a lawyer told the Supreme Court on Thursday. Hugh Tomlinson, a lawyer …

EU Seeks Review of GMO Rules for Gene-Edited Crops

BRUSSELS — The European Commission launched a review of EU rules on genetically modified organisms (GMOs) on Thursday, opening the door to a possible loosening of restrictions for plants resulting from gene-editing technology. Prompted by a 2018 ruling from the …

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