In an inaugural EY/Institute of International Finance (IIF) global insurance risk management survey, cybersecurity was ranked as the highest concern for chief risk officers. CROs surveyed said the top five risk types or risk management types for the coming year …
The U.S. Securities and Exchange Commission this week said it settled charges against two investment advisers related to “AI washing.” The firms, Delphia Inc. and Global Predictions Inc, will pay a total of $400,000 in civil penalties for making false …
CHARLESTON, W.Va. (AP) — A federal appeals court asked West Virginia’s highest court Monday whether opioid distributions can cause a public nuisance as it reviews a landmark lawsuit against three major U.S. drug distributors accused of causing a health crisis …
The US Justice Department and 16 attorneys general sued Apple Inc., accusing the iPhone maker of violating antitrust laws by blocking rivals from accessing hardware and software features on its popular devices. The suit, filed Thursday in New Jersey federal …
Global specialty brokerage Risk Strategies reported that it has acquired the U.S. and Canadian operating entities of global insurance holding company, H.W. International B.V. Based in New York City, Hugh Wood Inc. (U.S.) provides commercial lines, personal lines, and group …
At least nine people were killed when a South Korean-flagged vessel capsized off Japan, South Korea’s foreign ministry said on Thursday. Two South Korean nationals were among the dead, it said, adding that the Japanese coastguard had rescued an Indonesian …
Direct Line posted a 2023 operating loss as it grapples high motor claims inflation, but reinstated its dividend as the British home and motor insurer tries to fend off takeover offers from Belgian rival Ageas. The 189.6 million pound ($242.6 …
A Houston, Texas-area contractor is facing more than a quarter million dollars in fines after a federal investigation found the company’s willful regard for required safety procedures contributed to a teenager’s death when a a 15-foot trench wall collapsed on …
Gabriel, an Israel-based technology company that tackles the challenge of mass shootings and workplace violence threats, announced it has partnered with global specialty re/insurance group Chaucer and crisis management specialists Merrill Herzog to provide an active assailant insurance product designed …
An Ohio will pay $50,000 to settle an age discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. Cedar Fair, L.P., doing business as Cedar Point, and Magnum Management Corporation, which own, operate, and …
