Data of 237,000 Government Employees Breached May 15, 2023 By David Shepardson The personal information of 237,000 current and former federal government employees has been exposed in a data breach at the...
Farmers Set to Abandon Wheat Crops at Highest Rate Since 1917 May 15, 2023 By Michael Hirtzer and Tarso Veloso America’s wheat fields have become so plagued by drought that farmers are now poised to abandon crops at the highest...
NHTSA Demands Recall of 67 Million Air Bag Inflators May 15, 2023 By David Shepardson The National Highway Traffic Safety Administration (NHTSA) demanded the recall of 67 million air bag inflators because it believes there...
Catalytic Theft Claims Triple in Two Years, Crime Bureau Report Finds May 12, 2023 Insurance claims for catalytic converter thefts nationwide jumped by 288% in just two years, the National Insurance Crime Bureau said...
Senate Panel OKs Rail-Safety Bill But Fate Uncertain May 12, 2023 A Senate committee on Wednesday approved a rail-safety bill introduced after the derailment of a freight train in East Palestine,...
Auto Claim Severity Up 35% over Pre-Pandemic Rates – LexisNexis Report May 12, 2023 By Jim Sams Claim severity for bodily injury and property damage increased by 35% since 2019, while collision claim severity has jumped 40%,...
Hackers Aim to Find Flaws in AI May 12, 2023 By Matt O'Brien No sooner did ChatGPT get unleashed than hackers started “jailbreaking” the artificial intelligence chatbot – trying to override its safeguards...
Auto Insurance Results ‘Historically Bad’ in 2022: S&P May 12, 2023 In 2022, the U.S. private auto insurance industry reported its worst underwriting results in over two decades, according to a...
Climate Change Not ‘Serious Risk’ to Financial Stability, Fed’s Waller Says May 12, 2023 By Howard Schneider Climate change does not pose such “significantly unique or material” financial stability risks that the Federal Reserve should treat it...
People Moves: CFC Grabs Phillips From Resilience to Lead Cyber Practice May 11, 2023 Specialty insurance provider CFC announced today it has appointed Michael Phillips as Cyber Practice Leader. In this newly created role...