Global Natural Disasters Cost Insurers $43B in H1, Surpassing 10-Yr Average: Munich Re July 28, 2023 By L.S. Howard Natural disasters during the first half of 2023 cost insurers an estimated US$43 billion with an overall economic price tag...
Kraft Heinz Defeats Lawsuit Over Mac & Cheese Preparation Time July 28, 2023 By Jonathan Stempel A federal judge on Thursday dismissed a lawsuit accusing Kraft Heinz & Co of misleading consumers by promising it takes...
As E-Bikes Proliferate, So Do Deadly Fires Blamed on Exploding Batteries July 28, 2023 By Bobby Caina Calvan The explosion early on a June morning ignited a blaze that engulfed a New York City shop filled with motorized...
Update: Typhoon Doksuri Roars Into China, Destroying Power Lines, Closing Factories July 28, 2023 By Bernard Orr and Yimou Lee Typhoon Doksuri swept into southern China on Friday, unleashing heavy rain and violent gusts of wind that whipped power lines...
NAIC Releases Highly Anticipated Draft Model Bulletin on Insurers’ AI Use July 28, 2023 By Eversheds Sutherland On July 17, 2023, the Innovation, Cybersecurity and Technology (H) Committee of the National Association of Insurance Commissioners (NAIC) released...
Ship Carrying BMWs and Mercedes Ablaze Off Dutch Coast Could Burn for Days July 28, 2023 By Cagan Koc and Wilfried Eckl-Dorna A cargo ship carrying almost 3,800 cars and construction vehicles is likely to continue burning for days, according to the...
Barclays Banker Fired Over Sexual Harassment Loses $770,000 Employment Suit July 28, 2023 A former Barclays director who was fired for sexual harassment has lost an employment lawsuit against the British bank in...
Study: Motor Vehicle Thefts Soar in First Half of 2023 July 28, 2023 During the first half of 2023, vehicle thefts soared while most other crimes declined, according to a new study of...
Inside EU, No Clear Financial Options Exist to Reduce Ukraine Grain Transport Costs July 28, 2023 By Julia Payne and Max Hunder The European Commission has no immediate money in the budget and no clear way to help finance the extra transport...
Ocean Temperatures Hit 90 Degrees, Fueling Weather Disasters July 28, 2023 By Brian K. Sullivan Heat searing enough to knock out mobile phones. Wildfire smoke that turns the skies an apocalyptic orange. Flash floods submerging...