News
Pittsburgh Faulted for Poor Inspection, Upkeep of Bridge That Collapsed
The city of Pittsburgh, Pa., did not adequately maintain or repair a bridge and failed to act on inspection reports, leading to the corrosion of the structure's steel legs and its collapse into a ...
Beazley Creates Cyber Risk Management Company
Beazley, the London-based specialty insurer, announced the creation of an integrated cyber risk management company, Beazley Security, formed from the merger of its in-house Cyber Services team and ...
AXA’s 2023 Earnings Miss Forecasts on Higher Costs, Lifts Dividend 16%
France's AXA, Europe's second-biggest insurer, pledged on Thursday to deliver higher earnings and returns to shareholders by 2026 by growing its client base, automating processes and reducing labor ...
Regulators Probing September MGM Resorts’ Cyber Attack
MGM Resorts International disclosed that state and federal regulators were probing a cyber attack on its systems that took place in September and caused a $100 million hit to the company's ...
Study: Slight Increase in Workplace Injuries in States Where Recreational Marijuana Is Allowed
In states where recreational marijuana laws allow for its recreational use, a new study has found an increase in workplace injuries. The study, "Recreational Marijuana Legalization and Workplace ...
Vehicle Crashes Caused More Than 44,000 Deaths in the U.S. in 2023
There were approximately 44,450 motor vehicle fatalities in the United State in 2023, according to a preliminary analysis released by the National Safety Council (NSC). Though a 4 percent decline ...
What California’s Rainy Season Means for Water Supply
After a dry start to winter, California's rainy season is finally well under way. December downpours sent water racing through streets in coastal Ventura County and the city of Santa Barbara. Flash ...
GEICO’s ‘Eye-Popping’ 2023 Insurance Profits, Falling Employee Counts
Even though Berkshire Hathaway's latest annual report featured Warren Buffett's forecast that the days of "eye-popping performance" for the giant conglomerate are over, readers focused on ...