Global Economy
For Insurers, New Calif. Data Protection Regulation Offers ‘Tremendous’ Opportunity
More than a year after The General Data Protection Regulation (GDPR), a regulation in EU law on data protection and privacy for all citizens of the European Union, was implemented in May 2018, some ...
A Fading El Nino Could Trigger a Busier Hurricane Season
Government meteorologists say this year's hurricane season may be busier than initially expected now that summer's weak El Nino has faded away. The National Oceanic and Atmospheric Administration's ...
Apple Offers Up to $1M to Researchers Who Uncover iPhone Cybersecurity Flaws
Apple Inc is offering cyber security researchers up to $1 million to detect flaws in iPhones, the largest reward offered by a company to defend against hackers, at a time of rising concern about ...
Tesla Owner Sues Carmaker, Alleging Use of Defective Batteries
A Tesla Inc owner has filed a lawsuit against the electric vehicle maker, claiming the company limited the battery range of older vehicles via a software update to avoid a costly recall to fix what ...
Lloyd’s, London Markets Exceed Q2 Electronic Placing Targets
More than half of in-scope market risks were placed electronically in the London and Lloyd's markets during the second quarter, surpassing targets placed on the Platform Placing Ltd. (PPL) and other ...
Climate Change Could Increase Turbulence On Your Next Transatlantic Flight
Keeping your seat belt buckled for the duration of Transatlantic flights increasingly looks like a good idea, according to a study of weather systems. The research by meteorologists at the University ...
The Coming Talent War Over Millennials and Their Transformational Skills
By as early as 2025, as much as 75 percent of the global workforce could be millennials, and they will bring a whole new set of demands and expectations to the modern workplace. Importantly, they ...
Liberty Mutual’s Sweeney Undaunted by Emerging Market Challenges
A Liberty Mutual executive said the insurer is following closely the emerging economic and trade turmoil in Europe, Asia and other emerging markets, but that the impact of those issues is relatively ...