News
Amazon Cloud Outage Exposes the Internet’s Vulnerable Backbone
A massive internet outage stemming from errors in Amazon cloud services on Monday morning demonstrated just how many people rely on the corporate behemoth's computational infrastructure every day — ...
Catastrophe Bonds’ Huge Market Gains Put Reinsurers on Backfoot
The seemingly unstoppable rise of catastrophe bonds may now be eroding the market share of reinsurers. After years of raising prices, reinsurers are finding that primary insurers have started relying ...
Inflation, Supply Chains, Tariffs: Trends Impacting Business Insurance and Claims
Inflation has been a persistent issue in the United States, though it has moderated since its peak during the COVID-19 pandemic, while supply chain disruptions for equipment and other goods continue ...
Rotting Apple: Berkley Explains Property Market, Company Appetite
Analysts trying to reconcile third-quarter premium jumps reported by line of business for W.R. Berkley Corporation with the CEO's opening remarks during an earnings conference call this week may well ...
State Farm Expands Mobile Accident Detection & Response Technology
Earlier this month, State Farm announced it is rolling out enhanced accident response technology across Illinois and Florida. The company's revamped app offers real-time accident detection, automatic ...
Use of Oklahoma License Plate Readers Meant for Insurance Verification Questioned
The use of automated license plate readers (ALPRs) as a tool for mass surveillance, allowing law enforcement to conduct warrantless searches, was the topic of a new study held before the Oklahoma ...
U.S. Court Orders Spyware Firm NSO to Stop Targeting WhatsApp, Reduces Damages
A U.S. court has ordered Israel's NSO Group to stop targeting Meta Platforms' WhatsApp messaging service, a development the spyware company warned could put it out of business. In a 25-page ruling ...
New Rules, Delays for FEMA Grants Put Disaster Response at Risk: State Emergency Officials
State officials on the front lines of preparing for natural disasters and responding to emergencies say severe cuts to federal security grants, restrictions on money intended for readiness and ...