Risk
P/C Industry COVID Survivor Warns About Pandemic Continuity Risks
In the wake of COVID-19, property/casualty insurance senior executives should consider deputizing underlings to completely take over if they become ill or incapacitated, a veteran insurance and ...
Ford Ordered to Recall 3 Million Vehicles Over Takata Air Bag Issues
Ford Motor Co. must recall 3 million vehicles with potentially defective driver-side Takata air bags, the U.S. auto safety regulator said on Tuesday, rejecting a bid by the second-largest U.S. ...
COVID-19 Reveals Urgent Need for Homeworker Protections
The dramatic global shift to remote working during COVID-19 lockdowns has underscored an urgent need for greater protections for homeworkers, many of whom are paid far less than those employed ...
Masks, Tests, Distancing as Effective as Vaccines on Campus: Study
The combined effectiveness of three COVID-prevention strategies on college campuses—mask-wearing, social distancing, and routine testing—are as effective in preventing coronavirus infections as ...
Why the Insurance Industry Can’t Risk Downplaying Inclusion
Disasters such as the Space Shuttle Challenger explosion and the Chernobyl nuclear accident are said to have involved flawed decisions, driven by individual perceptions. Not surprisingly, ...
Online Selling Platform Apollo Insurance Solutions Pulls in a $13.5M Financing Round
Apollo Insurance Solutions Ltd., a Toronto-based online insurance platform, said it has closed an oversubscribed $13.5 million Series A financing round. The funding exceeded its original $4 million ...
Boeing Will Pay $2.5B to Resolve U.S. Criminal Probe of 737 MAX Crashes
Boeing Co will pay more than $2.5 billion in fines and compensation after reaching a settlement with the U.S. Department of Justice over two plane crashes that killed a total of 346 people and led to ...
Philadephia Insurance Acquires World Wide Specialty’s Staffing Insurance Biz
Philadelphia Insurance Companies has acquired the Staffing Insurance Business offered by New York-based MGA World Wide Specialty Programs. The deal closed on December 31, 2020. Neither side disclosed ...