Boeing, Reform Issues Await New U.S. Aviation Safety Chief February 18, 2022 By David Shepardson The next head of the U.S. Federal Aviation Administration (FAA) will face challenges overseeing Boeing Co. and a series of...
U.S. Investigates 416,000 Tesla Vehicles Over Unexpected Braking February 18, 2022 By David Shepardson The National Highway Traffic Safety Administration (NHTSA) said Thursday it is opening a formal investigation into 416,000 Tesla vehicles over...
Climate Change Could Push Flood Losses in U.S. to $40B by 2050 February 17, 2022 By Don Jergler Climate change could result in the financial toll of flooding rising by more than a quarter in the U.S. by...
AIG to Move High Net Worth Homeowners to E&S February 17, 2022 By Chad Hemenway Peter Zaffino, CEO of American International Group (AIG), said the company’s ongoing analysis of the increased frequency and severity of...
4 Insurers, 5 Policies to Pay $73M Sandy Hook Settlement Against Gunmaker Remington February 17, 2022 By Andrew G. Simpson A federal bankruptcy court in Alabama has approved insurance payments totaling $73 million by four insurers to the families of...
Many Faith Leaders, Denominations Wary of Religious Exemptions for Vaccine February 17, 2022 By David Crary and Peter Smith, Pittsburgh Post-Gazette By the thousands, Americans have been seeking religious exemptions in order to circumvent COVID-19 vaccine mandates, but generally they are...
Elon Musk, Tesla Attack SEC for ‘Unrelenting’ Harassment February 17, 2022 By Jonathan Stempel Tesla Inc. TSLA.O and its Chief Executive Elon Musk on Thursday accused the U.S. Securities and Exchange Commission (SEC) of...
FBI Calls Crypto ‘Only Game in Town’ as Ransomware Flourishes February 17, 2022 By Erik Schatzker Cryptocurrencies and deep-fake technology are sending chills throughout the U.S. government, with cyber crooks embracing digital innovations so rapidly that...
AIG Returns to Profit on Improved P/C Insurance Underwriting, Lower Catastrophes February 17, 2022 Global insurer American International Group (AIG) reported strong fourth quarter and year-end results led by the performance of its General...
Markets/Coverages: WTW Partners With Falvey Cargo on Cyber; Boost and Breach Offer Crypto Wallet Cover; Umbrella From Distinguished Programs Serves Real Estate, Community Associations February 16, 2022 WTW Partners With Falvey Cargo Underwriting for Affirmative Cargo Cyber Coverage Insurance broker Willis Towers Watson is partnering with Falvey...