Risk
AM Best: Social Inflation Key Factor in Rise of Loss Severity
Loss severity for many U.S. casualty lines of insurance business has exceeded economic inflation over the past decade, indicating other factors are influencing claims costs for indemnity and expense ...
Survey Offers Tips on Ways to Assist Homeowners in Procuring Adequate Coverage
The number of severe climate-related disasters in the United States escalated by 32 percent between 2019 and 2022, causing insured losses over the same period to rise by nearly 300 percent, according ...
FBI Focused on Nabbing Scattered Spider Hackers
The U.S. FBI is working towards charging hackers from the aggressive Scattered Spider criminal gang who are largely based in the U.S. and western countries and have breached dozens of American ...
Risk Alert: How to Quit Doomscrolling
Like many of us, Jessica Peoples has heard the warnings about excessive screen time at night. Still, she estimates spending 30 to 60 minutes on her phone before going to sleep, mostly scrolling ...
El Nino to End by June, La Nina to Appear Later in the Year
The El Nino weather pattern should fade out by June but could be replaced by the La Nina phenomenon by the second half of the year, a U.S. government forecaster said on Thursday. There is a 49 ...
NHTSA Seeks to Know How Tesla Developed, Verified Autopilot Recall
Federal highway safety investigators want Tesla to tell them how and why it developed the fix in a recall of more than 2 million vehicles equipped with the company's Autopilot partially automated ...
Study: Reflective Black Paint Improves Object Visibility to Autonomous Cars
Self-driving cars have a harder time seeing at night because lidar sensors that often act as the vehicles' "eyes" have difficulty detecting dark-colored objects. New research published in ACS Applied ...
List of Names for Atlantic Hurricane Season Announced
As the 2024 Atlantic hurricane season is set to begin June 1, the National Hurricane Center (NHC) has released the names for this year's tropical storms. ...