Stellantis Recalls 24,000 Chrysler Minivans for Fire Risks, Urges Outdoor Parking July 22, 2024 By David Shepardson Stellantis on Thursday recalled about 24,000 ChryslerPacifica plug-in hybrid minivans worldwide because of fire risks, and urged owners to park...
Two Russian Men Plead Guilty in LockBit Ransomware Attacks July 22, 2024 By David Voreacos Two Russian nationals pleaded guilty to their roles in ransomware attacks in the US, Asia, Europe and Africa for a...
Former Postal Worker Sentenced to Probation for Workers’ Compensation Fraud July 22, 2024 A former U.S. Postal Service employee in Delaware who defrauded taxpayers of almost $100,000 in workers’ compensation benefits has been...
Insurers Face Business Interruption Claims After Global Tech Outage July 22, 2024 Insurers could face a raft of business interruption claims after a worldwide tech outage crippled industries from travel to finance...
With American Mobile Cancellations, Florida Mobile Home Market Has ‘Fallen Apart’ July 22, 2024 By William Rabb Reinsurance in Florida’s long-stressed property insurance market was supposed to have stabilized this year – with moderate rate increases and...
New Jersey Group Eyes Insurance Surcharges, Oil Fees to Fund Resiliency Projects July 22, 2024 By Wayne Parry A 2% surcharge on property insurance policies, mandatory fees on the oil and gas industries, and holding a public referendum...
People Moves: Risk Strategies Names Bagwell Commercial Lines Leader in West July 22, 2024 Risk Strategies named Troy Bagwell commercial lines leader for the West region. Bagwell, who is based in Los Angeles, is...
Hurricane Beryl Caused Estimated $2-3B in Insured Losses to US Property: Verisk July 19, 2024 Estimated industry insured losses to onshore property from wind in the U.S. for Hurricane Beryl will range between $2 billion...
Global IT Crash That Blocked 911 Calls and Grounded Planes Eases July 19, 2024 By Amy Thomson, Shona Ghosh and Vlad Savov In what will go down as the most spectacular IT failure the world has ever seen, a botched software update...
Tesla’s California Car Registrations Fall for Third Straight Quarter July 19, 2024 By Akash Sriram and Hyunjoo Jin Registrations of Tesla cars in California fell 24% in the April to June period, marking the third consecutive quarter that...