News
E-Bike Batteries Blamed for 22 New York City Fires, 2 Deaths This Year
Lithium-ion batteries used to power electric bicycles and scooters have already sparked 22 fires that caused 36 injuries and two deaths in New York City this year, four times the number of fires ...
Fidelis Insurance Holdings Submits Draft Registration With SEC for Proposed IPO
Bermuda-based Fidelis Insurance Holdings Ltd. announced it has submitted a draft registration statement on with the Securities and Exchange Commission, relating to a proposed initial public offering ...
War, Inflation, Polarization Driving Global Increase in Political Risk
Inflation, social inequality, environmental concerns, political polarization and the Russia-Ukraine war are among factors that are leading to an increased risk of civil unrest around the world, ...
Study: Back-to-Back Hurricanes Likely to Come More Often
What used to be a rare one-two punch of consecutive hurricanes hitting about the same place in the United States weeks apart seems to be happening more often, and a new study says climate change will ...
PLUS Panelists Warn Insurers Not to Get Comfortable Riding the Cyber Rollercoaster
Jeremy Gittler, practice leader and head of Cyber Americas at AXA XL, thinks of the cyber insurance industry as a rollercoaster. He says that after several years of turbulence with the advent of more ...
Drivers Killed One Pedestrian Every 75 Minutes in H1 2022
Drivers in the United States struck and killed 3,434 people in the first half of 2022 – up 5 percent, or 168 more deaths, from the same period the year before, according to a new analysis from the ...
Progressive CEO: Early Rate Actions Helped Growth
Progressive Corp. posted full-year 2022 net income of $721.5 million, down about 78 percent from net income of $3.35 billion the prior year, due to losses in its investment portfolio. However, Chief ...
Plastic Consumption on Track to Nearly Double by 2050: Research
Plastic use in G20 countries is on course to nearly double by the middle of the century unless a comprehensive and legally binding global treaty to curb consumption is drawn up, according to research ...