U.S.
Crash Test Dummies Need to Do Better: GAO
A recent report from the Government Accountability Office recommended the National Highway Traffic Safety Administration rethink crash test dummies to collect better data on more types of people. The ...
U.S. Acts To Stem Financial Fallout From SVB Bank Collapse; Depositors Made Whole
Silicon Valley Bank customers will have access to their deposits starting on Monday, U.S. officials said on Sunday, as the federal government announced actions to shore up deposits and stem any ...
It has been said that the best advertisement for insurance is not having it (or not having enough of it)...
SVB Collapse Explained: What Caused Silicon Valley Bank’s Failure?
SVB Financial Group Inc.'s shutdown and takeover by banking regulators on Friday can be traced to the U.S. Federal Reserve raising interest rates and souring the risk appetite of investors. Here is ...
Silicon Valley Bank Seized by U.S. Regulators
U.S. regulators rushed to seize the assets of Silicon Valley Bank on Friday after a run on the bank, marking the largest failure of a financial institution since Washington Mutual collapsed at the ...
U.S. Chamber of Commerce Calls for Regulation of AI
The U.S. Chamber of Commerce on Thursday called for regulation of artificial intelligence technology to ensure it does not hurt growth or become a national security risk, a departure from the ...
Florida Senate Committee Approves Tort-Reform Bill, but Changes Are Possible
A Florida bill that aims to further limit injury and insurance litigation and attorney fees passed a state Senate committee Tuesday after heavy debate – but with few amendments at the opening day ...
Show Must Go On for Broadway Theaters’ COVID Loss Claim, Federal Judge Rules
A New York federal judge has refused to lower the curtain on a COVID-19 business loss claim by the owner of five Broadway theaters because the entertainment insurance policy language is ambiguous as ...
Should a State Surcharge Insurers That Underwrite Fossil Fuel Risks?
Connecticut lawmakers are considering imposing a surcharge on insurers' premiums from the fossil fuel industry. The proposal (SB-1115) calls for a tax of 5 percent of any premiums any insurer ...