Risk
Weather Damage Turning Into Long-term Debt for Homeowners: Report
A new report revealed that half of U.S. homeowners paid out of pocket for weather damage in the past three years and only 22% feel very financially prepared for an unexpected weather repair, ...
L’Oreal Explores Moving Chemical-Related Liabilities
L'Oreal has engaged restructuring advisers to explore options for rising US legal liabilities linked to its use of talc and other chemical ingredients in some of its cosmetic products, the Wall ...
For years, the insurance industry has been working to reduce the friction that slows down underwriting, claims, and servicing. Now,...
AI Data Center Boom: Understanding How Risks Are Changing
The U.S. data center market is expanding rapidly, driven by artificial intelligence, advanced encryption, cryptocurrency mining and other emerging technologies. New data center construction is ...
How a Kelvin Wave Is Raising the Sea Level Along the West Coast
Sea levels along the West Coast will begin to rise by up to a foot this month as a series of pulses of warm water called Kelvin waves hit the shoreline and move north, sparking concerns about beach ...
California Tops List of Homes Facing Extreme Wildfire Risk, Mitigation Cuts Risk up to 70%
New analysis classified over one million California homes at very high wildfire risk, while showing that property-level mitigation can cut expected losses by up to 70%, according to data released ...
US States Allege Corteva Spinoff a Bid to Evade PFAS Liabilities
Fifteen US states sued agrichemicals company Corteva on Thursday, alleging that the spinoff of its seed and genetics business into Vylor was designed to shield the company's best assets from tens of ...
Laws to Protect Workers from AI Risks Signed by California Governor
California Gov. Gavin Newsom signed laws Wednesday aimed at protecting workers from the threats of artificial intelligence, including potential job losses and workplace surveillance. The laws ban ...
AI Tech Execs Sign Voluntary Safety Pact, Back Data Center Expansion
US President Donald Trump on Tuesday said tech executives agreed to establish voluntary standards for AI and reiterated his support for rapid expansion of data centers, as concerns mount over AI ...