Risk
50 Shades of Catastrophe Model Vendor Transparency
There are two players in the tug of war that is the implementation of a catastrophe (CAT) model—the user and the vendor. Users require a sophisticated CAT model that pulls together multiple ...
Hyundai, Kia Urge U.S. Court to Reject Social Media-Prompted Theft Lawsuits
Korean automakers Hyundai Motor and Kia Corp on Tuesday asked a U.S. judge to reject lawsuits filed by 17 cities for failing to install anti-theft technology in millions of their vehicles. The ...
Perils, CyberAcuView Launch U.S. Cyber Industry Loss Index
A U.S.-focused Cyber Industry Loss Index has been launched by Zurich-based Perils and CyberAcuView, an independent U.S.-based organization formed by leading cyber insurers, to keep capital flowing in ...
U.S. Weather Disasters Set Billion-Dollar Record With Months To Go
The deadly firestorm in Hawaii and Hurricane Idalia's watery storm surge helped push the United States to a record for the number of weather disasters that cost $1 billion or more. And there's still ...
Jury Awards $745M in Death of Woman Struck by Driver Who Used Inhalants
A Missouri jury has awarded $745 million to the parents of a young woman killed on a sidewalk outside an urgent care center by a driver who huffed nitrous oxide canisters right before the accident. ...
Mother Sues Peloton for Death of Son Killed in Workout Bike Accident
A woman has filed a lawsuit against Peloton over the death of her son, who was killed when his exercise bike fell on his neck during a workout in his New York City apartment. Ryan Furtado, 32, was ...
U.S. Watercraft Theft Down for Second Year in a Row
The number of watercraft thefts in the U.S. decreased by four percent, dropping from 4,644 in 2021 to 4,461 in 2022, according to a newly released report by the National Insurance Crime Bureau ...
Urgency, Caution Behind Businesses’ Exploration of AI
Findings from a new report indicate 85 percent of businesses see generative AI as important and plan to explore its applications within the next 24 months, while remaining wary of its risks. ...