Two-Thirds of North America Could Face Power Shortages This Winter November 9, 2023 More than half of the U.S. and parts of Canada, home to around 180 million people, could fall short of...
NTSB Chair: Near-Miss Aviation Incidents ‘Clear Warning Sign’ November 9, 2023 By David Shepardson An increase in serious near-miss aviation incidents is a “clear warning sign that the U.S. aviation system is sharply strained,”...
AM Best Outlook of US E&S Market Revised to ‘Positive’ November 9, 2023 Insurance industry rating agency AM Best has upped its view of the excess and surplus market as it continues to...
Viewpoint: ChatGPT, Laden With Hacker-Inserted Malware, Is Writing Code for Companies November 8, 2023 By Lou Steinberg If yours is like many companies, hackers have infiltrated a tool your software development teams are using to write code....
Microsoft Offers to Help Politicians Crack Down on Deepfakes November 8, 2023 By Margi Murphy Microsoft Corp. is offering US politicians and campaign groups a tool aimed at helping fight the rise of deepfakes ahead...
Average Premiums Keep Rising for Most Commercial Lines: IVANS November 8, 2023 Ivan’s Index for the third quarter found the average premium renewal rate increased for all major commercial lines of business...
Catalytic Converter Thefts Down by Half as Precious Metal Prices Drop November 8, 2023 By Jim Sams The number of insurance claims filed for catalytic converter thefts plummeted this year after rising dramatically in 2021 and 2022....
People Moves: Marsh McLennan Appoints Potter US, Canada Chief Commercial Officer; Rokstone Names Berisha, Vandermyde to Marine Team November 8, 2023 Marsh McLennan Appoints Potter US and Canada Chief Commercial Officer Marsh McLennan, headquartered in New York, N.Y., appointed Susan Potter...
FAA to Hold New Round of Runway-Safety Meetings After Close Calls November 8, 2023 By David Shepardson The U.S. Federal Aviation Administration (FAA) said on Monday it would hold runway safety meetings at 16 additional airports in...
Ransomware, Extortion Claims See ‘Worrying Resurgence,’ Says Allianz November 8, 2023 Following two years of high but stable loss activity, 2023 has seen a “worrying resurgence” in ransomware and extortion claims...