News
Study: Slowing Ocean Circulation Could Cause Weather Chaos
An abrupt shutdown of Atlantic Ocean currents that could put large parts of Europe in a deep freeze is looking a bit more likely and closer than before as a new complex computer simulation finds a ...
The Odds of a Hurricane-Boosting La Niña This Year Are Rising
The odds of a La Niña weather pattern this year are rising, amplifying the risk of hurricanes in the Atlantic and drought in California and South America. There's a 55 percent chance that La Niña, ...
AM Best Says Losses From California Storms Largely Uninsured, Underinsured
The economic losses from the latest round of California storms will be significant, and many of these losses may not be insured because only 2 percent of California residents have purchased flood ...
Top AI Companies Join Government Effort to Set Safety Standards
The top U.S. artificial intelligence companies will participate in a government-led effort intended to craft federal standards on the technology to ensure that it's deployed safely and responsibly, ...
Amazon Steers Consumers to Higher-Priced Items, Lawsuit Claims
Amazon.com was sued in a proposed U.S. class action accusing the online retailer of violating a consumer protection law by steering hundreds of millions of shoppers to higher-priced items in order to ...
Category 6? As Warming Stokes Storms, Some Want a Bigger Hurricane Category
A handful of super powerful tropical storms in the last decade and the prospect of more to come has a couple of experts proposing a new category of whopper hurricanes: Category 6. Studies have shown ...
Supreme Court in UBS Case Makes it Easier for Whistleblowers to Win Suits
The U.S. Supreme Court on Thursday made it easier for financial sector whistleblowers to win lawsuits accusing companies of unlawfully firing them as retaliation for disclosing wrongdoing, rejecting ...
Allstate Reverses Q4 Loss With Benefit of Low Cat Losses, Auto Rate Increases
Allstate Corp. fourth-quarter 2023 net income attributable to common shareholders was about $1.5 billion, reversing a loss of $303 million during the same time the prior year. Allstate CEO Tom Wilson ...