Risk
As Ransomware Attacks Rise, U.S. Bank Regulator Urges Vigilance
A top U.S. banking regulator is cautioning firms to ensure they have robust policies to protect themselves from cyberattacks, saying it is seeing an uptick in ransomware attacks, it said in a report ...
La Nina, Stuck Jet Stream Blamed for Unusually Warm Weather
America's winter wonderland is starting out this season as anything but traditional. The calendar says December but for much of the country temperatures beckon for sandals. Umbrellas, if not arks, ...
U.S. SEC Investigating Tesla Over Whistleblower Claims on Solar Panel Defects
The U.S. securities regulator has opened an investigation into Tesla Inc over a whistleblower complaint that the company failed to properly notify its shareholders and the public of fire risks ...
P/C Insurers Face ‘Massive’ Political Risks in 2022: III Joint Industry Forum
Property/casualty insurers head into 2022 facing "massive" political risks, an expert with the Insurance Information Institute said on Dec. 2. Economic uncertainty will also continue despite recovery ...
Hundreds of Thousands of Livestock Perish in Canada Floodwaters
Hundreds of thousands of livestock have perished in floodwaters in Canada's westernmost province, the British Columbia government said Thursday. Back-to-back deluges from atmospheric rivers have ...
Four Employees Sue Bristol Myers for Refusing COVID-19 Vaccine Religious Exemptions
Bristol Myers Squibb Co was sued on Wednesday by four employees who said the drugmaker refused to grant them religious exemptions from its COVID-19 vaccination requirement, and threatened to fire ...
Lessons from CNA, JBS and Colonial Pipeline Ransomware Payments
In March 2021, CNA Financial Corp., one of the country's largest insurance companies, suffered a ransomware attack from a cybercriminal group called Phoenix. The attackers pressured the insurer to ...
Wildfire Risk MGA Delos Raises $5.3M for Further California Expansion
Delos Insurance Solutions, a catastrophe insurance MGA focused on California wildfire-related risks, raised $5.3 million in seed funding designed to fuel further expansion in the state. "With this ...