Guy Carpenter: ‘Kitty Cat’ CrowdStrike Outage to Cause $300M-$1B in Insured Losses August 2, 2024 By Chad Hemenway Due to the limited amount of impacted companies with insurance and the deployment of a quick fix to mitigate losses,...
People Moves: Wrigley to Lead DeCotis Commercial Lines Team August 2, 2024 DeCotis Specialty Insurance, headquartered in Providence, Rhode Island, named Jessica Wrigley as director of commercial lines. Wrigley’s responsibilities include overseeing...
Midwestern Farmers Who Say Yes to Solar Power Face Neighbors’ Wrath August 2, 2024 By Drew Hutchinson and Daniel Moore When Michigan farmer Clara Ostrander heard about the benefits of hosting a solar energy project, she remembered something her father...
Governor Calls on Flood-Weary Vermonters to ‘Stick Together’ August 2, 2024 By Lisa Rathke, Kathy McCormack and Nick Perry Vermont’s governor said Wednesday that the latest storms to hit the state have undone much of the cleanup and recovery...
AI Startup Suno Says Music Industry Suit Aims to Stifle Competition August 2, 2024 By Rachel Metz AI music startup Suno is pushing back against the world’s biggest record labels, saying in a court filing that a...
Chevron to Quit California for Texas After Warning on Regulation August 2, 2024 By Kevin Crowley Chevron Corp. is relocating headquarters to Houston from California after repeatedly warning that the Golden State’s regulatory regime was making...
Orion180 Launches Homeowners Insurance in Ohio August 2, 2024 Orion180 has announced its expansion into the Buckeye State. According to a press release, the company now offers homeowners insurance...
Hong Kong Hits AIA With Record Fine for Anti-Money Laundering Lapses August 2, 2024 By Bei Hu and Kiuyan Wong AIA Group Ltd. was subject to a record fine of HK$23 million ($2.9 million) by the Insurance Authority for anti-money...
Tesla Registers Insurance Brokerage in China, National Corporate Database Shows August 2, 2024 Tesla registered an insurance broking firm in China at the end of July, based on a national corporate information database,...
Suspected Chinese Hackers Hit Taiwanese Research Center August 2, 2024 By Charles Gorrivan A hacking group believed to be linked to the Chinese government stole passwords and documentsfrom a Taiwanese government-affiliated research center...