Utility Investors Wary of Exposures After Buffet’s PacifiCorp Held Liable for Wildfires July 19, 2023 By Joel Rosenblatt Destructive wildfires are now an almost routine part of summer in the American West, and electrical utilities have likewise become...
US Auto Safety Regulators Open Special Probe Into Fatal Tesla Crash July 19, 2023 By David Shepardson U.S. auto safety regulators are opening a special crash investigation into a fatal accident in California involving a 2018 Tesla...
China Poses ‘Alarming’ Threat to US Power Grid, Lawmakers Told July 19, 2023 By Ari Natter China represents an increasing threat to the US power grid, lawmakers were told Tuesday during a hearing in which they...
Estee Lauder Hit by Cyber Attack, With Some Business Operations Disrupted July 19, 2023 Cosmetics maker Estee Lauder on Tuesday said a hacker had obtained some data from its systems, with the cyber incident...
J&J Must Pay $18.8M to California Cancer Patient in Baby Powder Suit July 19, 2023 By Brendan Pierson Johnson & Johnson’s must pay $18.8 million to a California man who said he developed cancer from exposure to its...
Crypto Ransomware Attacks Rise in First Half of 2023: Chainalysis July 18, 2023 By Elizabeth Howcroft Crypto crime fell overall in the first six months of 2023, but the volume of payments to ransomware attackers surged...
Workers’ Compensation Remains Profit Engine for U.S. P/C Insurers: AM Best July 18, 2023 Workers’ compensation insurers’ underwriting results continued to outpace the rest of the U.S. property/casualty (P/C) commercial sector in 2022, as...
Tesla Sues Australia’s Cap-XX Over EV Battery Technology Patents July 18, 2023 By Blake Brittain Tesla sued Australian company Cap-XX in Texas federal court on Friday, claiming its supercapacitors used for storing energy in electric-vehicle...
People Moves: AXA XL Insurance Names CNA’s Smith as Head of US Mid-Market Business; Miller Expands US Casualty Team With 2 Hires From Price Forbes July 18, 2023 AXA XL Insurance Names CNA’s Smith as Head of US Mid-Market Business AXA XL Insurance appoints Adele Smith as head...
Travel Essentials: Passport, Money, Bluetooth Luggage Trackers? July 18, 2023 By Kate Duffy, Anthony Palazzo and Siddharth Vikram Philip After returning to New York from Oslo in late May, Harley Hendrix noticed her suitcase containing a cherished Alexander McQueen...