China Is Trying to ‘Ransack’ Western Companies, FBI Head Warns July 7, 2022 FBI Director Christopher Wray warned Western companies that China aims to “ransack” their intellectual property so it can eventually dominate...
U.S. House Panel Asks Gunmakers to Testify Amid Mass Shootings July 7, 2022 By David Shepardson and Susan Heavey The U.S. House Oversight Committee has asked the chief executives of three gunmakers to testify on July 20 as part...
People Moves: Heinrich CEO of Tokio Marine Highland; Kiernan, Smalley New Roles at AXA XL Re; QBE Re North America Promotions July 7, 2022 AXA XL Reinsurance appoints Peter Kiernan as Head of US Property, Bermuda Reinsurance and Simon Penney, Head of Underwriting Analytics...
The Next Frontier for Drones: Letting Them Fly Out of Sight July 7, 2022 By Matt O'Brien and Nathan Ellgren For years, there’s been a cardinal rule for flying civilian drones: Keep them within your line of sight. Not just...
US Testing New Fire Retardant, Critics Push Other Methods July 7, 2022 By Keith Ridler U.S. officials are testing a new wildfire retardant after two decades of buying millions of gallons annually from one supplier,...
Independent Agency Customer Platform GloveBox Raises $5.5 Million July 7, 2022 GloveBox, which provides independent agencies with a platform for aggregating insurance policy documents, regardless of carrier, in one centralized location,...
‘Cautious Optimism’ for Cyber Buyers as More Focus on Risk Controls: Marsh July 6, 2022 While the market for cyber insurance is expected to remain challenging “for the foreseeable future,” there is optimism for rate...
Facebook Asks Court for Old FTC Merger Documents in Antitrust Fight July 6, 2022 By Diane Bartz Meta’s Facebook has asked a U.S. court for eight documents created by the U.S. Federal Trade Commission as part of...
Doctors Look to Athletes for Clues to COVID’s Heart Impacts July 6, 2022 By Meredith Cohn Doctors learned early in the pandemic that COVID-19 was more than a respiratory disease. It was attacking bodily organs, including...
US Auto Crash Death Rate Highest in Study of Rich Countries July 6, 2022 By Sri Taylor US death rates from motor vehicle crashes rates are the highest among 29 upper-income countries, according to a government study...