Staffing Shortages, Outdated Facilities Threaten US Air Safety November 16, 2023 By David Shepardson An independent U.S. aviation review team called on Wednesday for “urgent action” to prevent plane crashes, and made a series...
Clorox Cyber Chief Leaves While Company Recovers From Devastating Hack November 16, 2023 By Ryan Gallagher and Leslie Patton The chief information security officer at Clorox Co. has left the company as it works to recover from a hack...
US SEC Enforcement Collected Nearly $5B in Financial Remedies Last Year November 15, 2023 By Chris Prentice The U.S. Securities and Exchange Commission (SEC) filed 784 enforcement actions in the fiscal year that ran through September, garnering...
Artificial Intelligence Not Main Cause of Recent Insurance Layoffs: AM Best November 15, 2023 By Allen Laman AM Best does not believe artificial intelligence is the main cause of recent insurance industry layoffs. In commentary released today,...
Putting AI to Work Within the ‘Digital Round Trip’: Applied Systems CEO November 15, 2023 By Jahna Jacobson The data is out there. The challenge is how to amass it, standardize it and make it useful. Taylor Rhodes,...
NOAA: U.S. Withstands Record 25 Disasters in 2023 November 15, 2023 Another billion-dollar disaster was confirmed in October, bringing the total to a record 25 such disasters in the first 10...
People Moves: Balch Now President of Berkley Technology Underwriters; Lieberman to Lead Lockton’s US Financial Services Claims November 15, 2023 W.R. Berkley Corporation Names Balch President of Berkley Technology Underwriters W.R. Berkley Corporation, headquartered in Greenwich, Conn., appointed Christopher H....
US Contractors, Insurers Overlooking Some Safety Improvements in Construction November 15, 2023 By William Rabb Many American construction firms are failing to implement obvious and inexpensive safety measures that could save lives, reduce injuries and...
Viewpoint: Proposed Flood Zone Expansion Would Increase Need for Private Insurance November 14, 2023 By Jeff Dunsavage A federal advisory panel’s proposal that the U.S. government expand the areas considered to be at high risk of flooding...
ICBC Flies Top Executives to US in Race to Contain Hack Fallout November 14, 2023 By Jordan Robertson and Katherine Doherty Within days of a cyberattack at its US unit, members of Industrial & Commercial Bank of China Ltd.’s management were...