News
Ransomware Hackers Used AI Images, Microsoft Flaw in Campaign
A group of ransomware hackers used a variety of techniques to try breaching hundreds of companies last year, exploiting a vulnerability in Microsoft Corp.'s Windows and using artificial intelligence ...
Marsh Launches Risk Rating Tool to Assess Companies’ ESG Performance
Insurance broker Marsh announced the launch of its Environmental, Social and Governance (ESG) Risk Rating, an assessment tool that can measure an organization's ESG performance, enabling it to ...
Google Accused in Lawsuit of Systemic Bias Against Black Employees
A lawsuit filed on Friday accuses Google of systemic racial bias against Black employees, saying the search engine company steers them to lower-level jobs, pays them less and denies them ...
Berkshire Hathaway to Acquire Alleghany for $11.6B
Berkshire Hathaway announced it will acquire Alleghany Corporation for $11.6 billion. Berkshire will acquire all outstanding Alleghany shares for $848.02 per share in cash in a transaction that was ...
Executives on the Move at Swiss Re and FutureProof
Swiss Re has appointed Ivan Gonzalez as CEO Reinsurance China and China country president effective July 1, 2022. He will relocate from New York to Beijing. Katie McGrath will succeed Gonzalez as ...
Burn the Client or Burn the Carbon? AXA Grapples With Clean Energy Transition
The glass tower in Paris where AXA SA, one of the world's largest insurers, has its temporary headquarters looks as if a giant feral cat has ripped chunks out of it. In recent months that jagged ...
U.S. to See ‘Meaningful’ Autonomous Vehicle Policy in 2020s: Buttigieg
U.S. Transportation Secretary Pete Buttigieg on March 16 said federal policy on autonomous vehicles will undergo "meaningful" developments in the coming years, saying policy frameworks had not fully ...
The World’s Cargo Ships Are Sailing Into Worse Climate Risks: Report
Dangerous, expensive disruptions to shipping and many of the world's roughly 3,700 ports are on the rise along with global temperatures. These events will increasingly threaten the sea routes that ...