U.S. Water, Power Cyber Networks Are Shockingly Vulnerable to Hacks June 16, 2021 By Kartikay Mehrotra When the Los Angeles Department of Water and Power was hacked in 2018, it took a mere six hours. Early...
Biden Regulators Plan Safety Standards for Truck Brakes, Autonomous Vehicles June 16, 2021 By Tom Krisher DETROIT (AP) — In a reversal from Trump administration policies, U.S. auto safety regulators say they will move to require...
Centene Reserves Additional $1.1 Billion to Settle Pharmacy Disputes June 16, 2021 By John Tozzi Centene Corp. agreed to pay settlements to Ohio and Mississippi to resolve claims that it inflated pharmacy costs, and the...
Investors Ask SEC for More ESG Disclosures as Companies Resist: Analysis June 16, 2021 By Katanga Johnson Investor groups have asked the U.S. Securities and Exchange Commission for more corporate disclosures on climate change and other environmental,...
COVID Crisis Cuts Global Macro Resilience, Raises Insurance Protection Gap: Swiss Re June 16, 2021 By L.S. Howard The COVID-19 crisis reduced overall global macro resilience – or the ability of societies to absorb shocks – by 18%...
Lockton Re Launches Bermuda Office Led by Former Aon Executive Davies June 16, 2021 Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker, announced the launch of its Bermuda...
PwC to Create 100,000 New Jobs to Help Clients Grappling with ESG Reporting June 16, 2021 By Jessica DiNapoli Accounting firm PwC said on Tuesday it would invest $12 billion over five years to create 100,000 new jobs aimed...
People Moves: Simon, Miller Join MJ Insurance; Assurex Global Adds Merola as SVP June 16, 2021 MJ Insurance MJ Insurance has hired Jacob Simon as risk transfer specialist and Ryan Miller as employee benefits consultant in...
People Moves; Platinum Specialty Adds Gilreath; AIG’s Connelly to IICF SE Board Chair June 16, 2021 Platinum Specialty Underwriters Platinum Specialty Underwriters, an XPT company, has added transportation expert Malcolm Gilreath as vice president of Underwriting....
Britain Calls on EU to Open Financial Services Talks, Urging Bloc to Avoid Protectionism June 16, 2021 By Huw Jones Britain’s finance ministry called on the European Union to open talks on financial services, after the London Stock Exchange on...