A rash of railcar thefts in the Los Angeles area may have given a different impression, but nationally the number of reported cargo thefts dropped by 15% in 2021 compared to the prior year, according to CargoNet’s annual Supply Chain …
As the world enters the third year of the pandemic, employees in the insurance industry expect to maintain workplace flexibility—a hybrid model—even after COVID-19 infection rates dwindle to safe levels. Now companies will have to navigate this new environment—to find …
Plaintiffs are decrying potential delays involved in law firms ditching sanctioned clients mid-litigation Leaving clients in court is ultimately up to a judge, and timing matters Several major law firms have said they will stop working for sanctioned Russian companies …
According to a new survey from professional services firm BDO, about two-thirds of middle-market CFOs think implementing an environmental, social and governance (ESG) plan will benefit financial performance in the long term. “Expectations of business have changed,” BDO said in …
Global drugmakers condemned on Wednesday an initiative by four World Trade Organization members to introduce an intellectual property waiver for COVID-19 vaccines, saying it could undermine the industry’s ability to respond to health crises in future. The United States, the …
The $1.5 trillion government funding package that President Joe Biden signed Tuesday includes sweeping cybersecurity legislation that will require critical infrastructure operators to quickly report data breaches and ransomware payments. The new law mandates that companies report hacks to the …
Since the start of the war in Ukraine, the number of cyber incidents in the U.S. has increased, and underwriters will need to adapt, according to a panel of experts at the PLUS Cyber Symposium. “There’s no doubt that attacks …
Nationwide Insurance has become the latest large insurer to expand its use of leak-detection and other sensors for homeowners, offering a small discount on premiums. The company announced this week that it has teamed up with Notion, a firm affiliated …
The Casualty Actuarial Society (CAS) has started to release multiple reports on racial bias in insurance pricing. “The CAS is proud to move forward with not just a commitment to diversity, equity and inclusion in all aspects of actuarial work, …
More than two years after the Boy Scouts of America sought bankruptcy protection amid an onslaught of child sex abuse allegations, a judge will determine whether to confirm its proposed reorganization plan in a trial starting March 14. The trial …
