U.S.
Public Companies Must Disclose Data Breaches Within 4 Days Under New SEC Rule
The Securities and Exchange Commission adopted rules Wednesday to require public companies to disclose within four days all cybersecurity breaches that could affect their bottom lines. Delays will be ...
Catastrophe Losses Cause CNA Financial to Miss Q2 Profit Estimates
Insurer CNA Financial missed second-quarter profit estimates on Monday, as wider catastrophe losses in its property and casualty segment partially offset higher investment income. Profits at insurers ...
Automated System Recommended for Railroad Track Flaws to Prevent Future Derailments
Federal investigators renewed their recommendation that major freight railroads equip every locomotive with the kind of autonomous sensors that could have caught the track flaws that caused a fatal ...
Climate Change Lawsuits More Than Double in Five Years
The number of court cases related to climate change has more than doubled in five years as impacts ranging from shrinking water resources to dangerous heatwaves hit home for ...
Tips to Building, Scaling Insurance Businesses for Success
Analysis of a 2022 survey, conducted by McKinsey, finds that while new insurance business avenues can have significant impact on enterprise value, many insurers struggle to build and scale them. ...
Full-Size Pickups Have Highest Theft Rate: NICB
Vehicle thefts rose 7 percent last year, according to newly released analysis by the National Insurance Crime Bureau (NICB). The majority of the thefts were of full-size pickups, which made up more ...
Munich Re: Turkey Quake Contributed to $43B in H1 2023 Insurance Losses
A deadly earthquake in Turkey and Syria as well as tornadoes and hailstorms in the United States contributed to losses covered by insurance of $43 billion in the first half of 2023, Munich Re said in ...
‘Rolling Recession’ or ‘Richcession’ May Spare U.S. From a Full Economic Downturn
Despite more than a year of widespread warnings that a recession was near, America's economy is, if anything, accelerating. Even as the Federal Reserve has sent borrowing costs sharply higher, the ...