News
WBN Survey: Global Business Leaders Shift Risk Strategy With Insurance
Global organization are moving from risk mitigation to a risk-led strategy as business leaders shift their approach to risk, influenced by geopolitical instability, economic uncertainty and ...
Supply-Chain Stress That Peaked in COVID Heads Higher Again
The impact of the energy crisis on the global economy in recent months is showing up in gauges of supply-chain stress that flashed red during the pandemic, adding to reasons for central banks to be ...
Can Trump’s New FEMA Pick Save the Beleaguered Disaster Agency?
President Donald Trump's pick to lead the Federal Emergency Management Agency wrote a memo last spring laying out how to kill the disaster agency. At the time, Cameron Hamilton was FEMA's interim ...
Typhoon Season in Northwest Pacific Seen Most Active in a Decade
Typhoon activity in the Northwest Pacific Ocean is expected to be the highest this year since 2015, according to commercial forecaster Tropical Storm Risk. The projection for 2026 is 25% above the ...
Tesla Premiums Soared in ’25; Loss Ratios 40 Pts. Worse Than Industry: Analysis
While auto insurance leaders reported premium growth percentages in the single digits last year, with sprinters like Progressive and Root up in the low-to-mid teens, premiums at Tesla's insurance ...
Driver Rescinds Guilty Plea in Deadly Wrong-Way Crash Into LA Sheriff’s Recruits
A driver has rescinded his guilty plea on charges related to a wrong-way crash that led to the death of a Los Angeles sheriff's recruit and injured other recruits who were out on a run, his lawyer ...
U.S. Indicts 2 Foreign Operators, Individual in 2024 Baltimore Key Bridge Collapse
The U.S. Justice Department said on Tuesday that a grand jury indicted two foreign operators and a shoreside superintendent in the March 2024 collision of the 984-foot cargo ship Dali that destroyed ...
GM to pay $12.75 Million to Settle California Driver Privacy Probe
GM has agreed to pay $12.75 million to resolve a California investigation into allegations that the Detroit automaker illegally sold two data brokers detailed information about the driving habits of ...