News
Verisk’s PCS Classifies CrowdStrike Incident as a Cyber Catastrophe
Verisk's Property Claim Services unit confirmed reports it has designated the recent global information technology outage as a cyber catastrophe event. With the designation, PCS Global Cyber believes ...
CrowdStrike Is Sued by Shareholders Over Huge Software Outage
CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the July 19 global ...
Illuminated Crosswalks Aid Drivers in Yielding to Pedestrians: IIHS
In areas with few streetlights, drivers are more than three times as likely to yield to pedestrians at illuminated crosswalks than at dark ones, according to a new study from the Insurance Institute ...
AAA: Post-Pandemic Risky Driving Behavior Continues
Dangerous driving behaviors like speeding, not using seatbelts and impaired driving contributed to a significant rise in fatal crashes compared to pre-pandemic times, researchers at the AAA ...
CPSC Says Amazon Responsible for Hazardous Items Sold by Third-Party Sellers
Amazon is responsible under federal safety law for hazardous products sold on its platform by third-party sellers and shipped by the company, a U.S. government agency ordered Tuesday. In a unanimous ...
Malmström Named Group CFO of Swiss Re as Dacey Retires
Swiss Re announced that Anders Malmström will succeed John Dacey as group chief financial officer as of April 1, 2025.
Dacey will retire ...
Legacy Acquisition Specialist Enstar to Be Acquired by Sixth Street for $5.1B
Investment firm Sixth Street will acquire Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, for $5.1 billion, according to Enstar in an announcement. Liberty Strategic Capital (a ...
Why One Insurance Broker Exec Has Olympic Fever
Clients who try to reach Higginbotham executive Marc Spivey this week will be met with an unusual out of office message. Greetings! I am in Paris to cheer on my daughter Taylor who is competing in ...