Risk
Mitigation Efforts Won’t Stop Cyber Damage and Related Rate Hikes in 2022
As dramatic as escalating ransomware attacks and rapidly climbing cyber insurance rates have been in 2021, both trends will continue to be a nuisance in 2022, according to an expert from Fitch ...
Underwriting Wildfire Risk
The 2021 California wildfire season continued the worrying trend of more extreme fires than the historical norm. As of December 12, 8,786 wildfires had destroyed over 2.5 million acres, about 1 ...
Amazon Web Services Outage Explainer: Will There Be More?
Robotic vacuum cleaners wouldn't start. Doorbell cameras stopped watching for package thieves, though some of those deliveries were canceled anyway. Netflix and Disney movies got interrupted and The ...
Cost of Cyber Disruptions on Critical Infrastructure At Least $8M Per Day: Research
The resilience of America's critical infrastructure networks has been tested over the last year by an increasing number of serious disasters—both natural and manmade—including winter storms ...
Cyber Attacks Can Target 3D-Printed Drones, Medical Devices, COVID Masks
Cybersecurity researchers at Rutgers University-New Brunswick and the Georgia Institute of Technology have proposed new ways to protect 3D-printed objects such as drones, prostheses and medical ...
Canada’s Co-operators General, Sovereign General Earn AM Best Ratings Upgrades
Ratings agency AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to "a" (Excellent) from "a-" (Excellent) of Co-operators ...
Offshore Wind Project Spurs Legal Challenge From Oil Lobby and U.S. Fishing Industry
Members of the U.S. commercial fishing industry are teaming up with an oil industry-backed lobbying group to fight offshore wind energy development on the East Coast, according to documents reviewed ...
Judge Overturns $4.5B Settlement Protecting Sackler Family From Opioid Lawsuits
A federal judge overturned a roughly $4.5 billion settlement that legally shielded members of the Sackler family who stand accused of helping fuel the U.S. opioid epidemic, a decision that threatened ...