News
US DOJ Slaps Criminal Fines on UK Brokers Tysers and H.W. Wood for Bribery
The U.S. Department of Justice has slapped criminal penalties on UK reinsurance brokers Tysers Insurance Brokers Ltd. and H.W. Wood Ltd. as a result of their participation "in a corrupt scheme to pay ...
Lack of Autopilot Safeguards Leads to Tesla Recall of 2M Cars in the U.S.
Tesla is recalling just over two million vehicles in the United States fitted with its Autopilot advanced driver-assistance system to install new safeguards, after a safety regulator said the system ...
Survey: 70% of Americans Are Reviewing Insurance Policies as Premiums Rise
Extreme natural disasters, supply chain issues and runaway litigation are contributing to rising insurance premiums, leading the majority of Americans to re-examine their insurance policies, ...
Tech Giants Divided on Whether AI Will Be Open-Sourced or Closed
Tech leaders have been vocal proponents of the need to regulate artificial intelligence, but they're also lobbying hard to make sure the new rules work in their favor. That's not to say they all want ...
Rising War Risks Prompt Insurers to Reassess Property Cover in Geopolitical Hot Spots
Insurers grappling with the rising risk of physical attacks on businesses due to war or civil disorder are reconsidering the breadth and scope of such cover in potential conflict hot spots. Political ...
Costs of Small Business Cyber Attacks Are Down But Frequency Is Up, Says Hiscox
The less-than-encouraging news: Only 33 percent of U.S. small businesses consider cyber risk high or very high. The somewhat encouraging news: 53 percent of U.S. small businesses have either a ...
Charities, Churches and Schools Critical in Providing Severe Weather Aid
A new survey found that a majority of Americans (82 percent) think nonprofit organizations, schools, camps and houses of worship should prepare in advance for severe weather events since members and ...
Survey Shares Insights of High-Performing Workplace Teams
New study findings indicate that just 30 percent of workplace teams are regarded as high-performing. Dale Carnegie and Associates researchers released the study, which surveyed 2,650 global leaders ...