Researchers to Build ‘Cat 6’ Hurricane Simulator with 200 mph Winds May 18, 2022 By Rick Neale The Category 6 hurricane’s howling winds accelerate to a startling 200 mph in Miami, mercilessly pummeling a two-story wood-frame house...
Architect of Allianz Fraud Made $60 Million as He Lied to Investors, U.S. Says May 18, 2022 By Tom Sims and Alexander Huebner The star portfolio manager at the center of a fraud at the U.S. funds unit of Allianz SE relied on...
U.S. Traffic Deaths Jump 10.5% in 2021 to Highest Number Since 2005 May 17, 2022 By David Shepardson U.S. traffic deaths jumped 10.5% in 2021 to 42,915 – the highest number killed on American roads in a single-year...
Buttigieg Sends $5 Billion to Cities for Safety as Road Deaths Soar May 17, 2022 By Hope Yen With upcoming data showing traffic deaths soaring, the Biden administration is steering $5 billion in federal aid to cities and...
Businesses See Cyber Attacks as Biggest Threat – Ahead of Pandemic, Economy: Survey May 17, 2022 By L.S. Howard Cyber attacks are now seen as the dominant risk for many businesses – ahead of the pandemic, economic downturn, skills...
Climate Change Is Hurting Insurance Industry: Report May 17, 2022 Climate change is hurting the insurance industry and only 8% of insurers are preparing adequately for its impact, consultants Capgemini...
U.S. SEC Chair Says Much to Be Done to Protect Crypto Investors May 17, 2022 By John McCrank Cryptocurrency assets are highly speculative and investors in them need more protections or they could lose trust in the markets,...
Hacker Shows Off a Way to Unlock Tesla Models, Start Cars May 17, 2022 By Margi Murphy Tesla Inc. customers might love the carmakers’ nifty keyless entry system, but one cybersecurity researcher has demonstrated how the same...
People Moves: Hartford’s Kirk Joins Acrisure; Hamilton Select Welcomes Minarik From AmWINS, James River’s Kirkland May 16, 2022 Insurance broker Acrisure has appointed Matthew Kirk as executive vice president and head of Insurance Strategy and Execution. Kirk joins...
White House Says $110 Billion in Infrastructure Funds Released in First 6 Months May 16, 2022 By David Shepardson The White House on Monday said it has released $110 billion in funding from the $1 trillion infrastructure package that...