Ransomware Exposure Driving Up Cyber Insurance Costs January 22, 2020 By Suzanne Barlyn U.S. insurers are ramping up cyber-insurance rates by as much as 25% and trying to curb exposure to vulnerable customers...
Natural Disasters in Past Decade Broke Records for Economic, Insured Losses: Aon January 22, 2020 The past decade broke new records in terms of economic damages and insured losses, according to Aon’s latest catastrophe report....
Toyota to Recall 3.4 Million Vehicles Over Defect in Air Bags January 22, 2020 By David Shepardson Toyota Motor Corp. said on Tuesday it will recall 3.4 million vehicles worldwide because of an electronic defect that can...
IBM Calls For Rules to Curb Bias in Artificial Intelligence January 22, 2020 By Ben Brody and Olivia Carville IBM called for rules aimed at eliminating bias in artificial intelligence to ease concerns that the technology relies on data...
Wolf Promoted to President of Big I Advantage, Replacing Departing Buse January 21, 2020 Mark Steven Wolf is the new leader of Big I Advantage, replacing Paul Buse who is moving on after more...
Tort Reformers Proclaim Top 10 ‘Judicial Hellholes’ for 2020 January 21, 2020 It’s out: the annual report by tort reform advocates of what they say are the nation’s worst local courts and...
New Minority-Led Broker Protecdiv Shoots for $100M Within 5 Years, Record Diversity January 21, 2020 A minority-led insurance and reinsurance broker has launched with ambitious goals of achieving $100 million in revenue within five years...
Tesla Pushes Back on Call for Probe; Denies Unintended Acceleration in Vehicles January 21, 2020 Tesla Inc. said on Monday there was no unintended acceleration in its vehicles, as it responded to a petition to...
Judge Cuts Johnson & Johnson Damages in Risperdal Case From $8 Billion to $6.8 Million January 21, 2020 By Jonathan Stempel A Pennsylvania judge on Friday slashed to $6.8 million from $8 billion a punitive damages award against Johnson & Johnson...
Airbnb Stresses Safety, Accountability in Governance Changes January 21, 2020 By Olivia Carville Airbnb Inc. is laying the groundwork for a public market debut later this year, announcing a new corporate governance strategy...