Environmental Risks, Climate Change Ranked as Top Risks Facing Planet: WEF Survey January 11, 2023 By Mark John Failure to tackle climate change and environmental degradation dominate the ranking of top risks facing the planet in the next...
Update: U.S. Flight Departures Resume After FAA Lifts Ground Stop January 11, 2023 By Siddharth Philip, Mary Schlangenstein and Alan Levin US flight departures began resuming early Wednesday after an overnight outage to a key air-traffic system prompted authorities to ground...
U.S. Climate Disasters Racked Up $165 Billion in Damage in 2022 January 11, 2023 A massive hurricane, a historic drought, and 16 other major disasters across the US collectively racked up $165 billion in...
The Infrastructure Crisis: As Business Losses Mount, New Demand for Utility Coverage? January 11, 2023 By William Rabb When aging water pumps in Jackson, Mississippi, were shut down by floodwaters last August, knocking out water service to most...
Safety Agency to Consider Ban on Gas Stoves Amid Health Fears January 10, 2023 By Ari Natter A federal agency says a ban on gas stoves is on the table amid rising concern about harmful indoor air...
SEC Charges McDonald’s Ex-CEO for Misrepresentations to Investors January 10, 2023 By Chris Prentice The U.S. Securities and Exchange Commission on Monday charged former McDonald’s Corp Chief Executive Stephen Easterbrook with making false and...
Insurance Pricing: True D&O Buyer’s Market; Stabilized Commercial Auto January 10, 2023 By Susanne Sclafane Insurance brokerage USI is forecasting that half of 32 commercial insurance product lines analyzed will experience softer pricing in the...
Root Investigating at Least $9.5M Unauthorized Payments by Former Employee January 10, 2023 By Elizabeth Blosfield Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, is conducting an internal investigation into a series...
Hurricanes and Floods Bring $120B in 2022 Insurance Losses: Munich Re January 10, 2023 By Tom Sims and Alexander Hübner Hurricane Ian in the United States and floods and Australia helped to make 2022 one of the costliest years on...
No Coverage for Food Plant’s $2M Cost to Avoid Shutdown, Potential BI Claim January 9, 2023 By Jim Sams Ken’s Foods would likely have filed a $10 million business-interruption claim had it not spent $2 million to upgrade its...