News
Supply Chain Risk Heightened by Climate Threats
Since acute and chronic climate risks, like floods and droughts, threaten damage and disruption to supply chains across critical industries, including the semiconductor manufacturing sector, it's ...
Study: Burnout, Lower Employee Health Benefits Could Lead to Exits
U.S. employers across various industries and regions are struggling to meet their employees' health care benefits needs—and employee satisfaction, wellbeing and retention are at stake, according to ...
Improved Auto Insurance Results Coming—But Not Soon Enough: S&P GMI
Strong rate hikes fueling nearly a 16 percent in direct written premiums for U.S. private passenger auto insurers will bring the industry combined ratio down from a "worst-in-decades" result for ...
SEC Clamping Down on Compliance Breaches Via WhatsApp, Zoom
With text messages and emails under tightened surveillance, financial firms may now have to screen staff video calls for possible rule-breaking, amid concern regulators are poised to scrutinize such ...
‘Strong’ Commercial Hikes to Continue; Cats, Asbestos Dent Travelers Earnings
Commercial insurance was a bright spot on the third-quarter earnings picture for The Travelers Companies, with strong pricing fueling a record top line and a "best-ever" underlying combined ratio in ...
‘Risky in California’ Spurs Push for Home Insurance Overhaul
California is prioritizing home insurance availability as it rewrites market rules to coax back insurers and ease a coverage crunch in a state ravaged by wildfires, said Insurance Commissioner ...
Major Cyber Attack Could Cost Global Economy $3.5 Trillion: Lloyd’s
A cyber attack on a major financial services payments system could result in widespread business disruptions, potentially costing the global economy $3.5 trillion over a five-year period, according ...
California Family Pleads Guilty in $38M Nationwide Catalytic Converter Theft Ring
A guilty plea was entered yesterday by three Sacramento, California family members relating to charges that they participated in a nationwide catalytic converter theft conspiracy, according to U.S. ...