1 week 2 days ago
A federal judge in Texas last week struck down a 1930s law that imposed regulations on firearm suppressors and guns that are considered the most dangerous, more than a year after President Donald Trump signed a bill eliminating taxes on …
Admin
1 week 2 days ago
The reinsurance industry’s robust earnings and abundant capital, evident since 2023, have led to increasing competition and a softening market. “The key question is whether reinsurers can maintain underwriting discipline or will irrational competition emerge, leading to another traditional soft …
L.S. Howard
1 week 2 days ago
OpenAI and a subsidiary will pay $3.2 million to settle U.S. government claims that they favored foreign workers with temporary employment visas and discriminated against U.S. job applicants in recruiting and hiring, the U.S. Justice Department said on Tuesday. The …
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1 week 2 days ago
Eric Andersen, new CEO of American International Group (AIG), offered an in-depth view of the company during his first earnings call at the helm, referring to opportunities within current marketplace conditions. Andersen said the market is “transition from an extended …
Chad Hemenway
1 week 2 days ago
New Jersey sued Amazon.com last week, accusing the online retailer of abusing its market power over independent delivery drivers in the state. Amazon used its dominance to impose low pay and poor conditions on thousands of New Jersey workers who …
Admin
1 week 2 days ago
Two drivers of Mercedes AMG cars have filed a class action lawsuit against the luxury car company, claiming that the AMG logo on their driver’s seat gets so hot that it literally brands them and causes burns. Gabriel Lahijani and …
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1 week 2 days ago
Virginia, the world’s largest data center hub, has released a long-delayed study that examined the state’s eastern region groundwater supply and the resource-hungry industry’s possible impact on it, finding declines are likely in a critical aquifer due to population growth …
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1 week 2 days ago
A deadly earthquake hit Colombia on Monday morning, toppling buildings, burying people under rubble and leaving more than 100 dead in the Pacific region and the central Andes. The magnitude 7.4 quake struck at 7:34 a.m. local time near the …
Admin
1 week 2 days ago
When we published our report The State of Web Privacylast November, our central argument was that privacy risk behaves less like a static compliance checkbox and more like cyber risk. Just as security teams track attackers by their tradecraft, brokers …
Admin
1 week 2 days ago
Rokstone, the London-based specialty re/insurance managing general agent (MGA), announced that its new Athena Cyber Division has launched a customer and supplier supply chain disruption extension. The solution enhances total supply chain security, covering losses arising from cyberattacks affecting both …
1 week 2 days ago
This edition of International People Moves details appointments at the broker Augment Risk and the managing general agent The Fidelis Partnership. A summary of these new hires follows here. Augment Risk Promotes Cripps in Newly Created Role of Group Head …
1 week 2 days ago
More than 20,000 people were ordered to evacuate one of Canada’s top wine-producing regions as an uncontrolled wildfire spread rapidly, forcing local authorities to declare a province-wide state of emergency. Authorities ordered the town of Summerland and nearby communities in …
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1 week 2 days ago
Low water levels risk halting cargo traffic on a key stretch of the Rhine this week, effectively splitting the critical waterway into two separate zones, the federal association of German inland shipping (BDB) said on Monday. BDB managing director Jens …
1 week 2 days ago
For anyone in Europe who still thought climate change was a problem for future generations, this summer’s sweltering heatwaves have brought home the reality that its costly and life-altering economic impacts have already arrived. Record heat and droughts this summer …
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1 week 2 days ago
OpenAI is pausing some internal work around one of its upcoming artificial intelligence models to implement stricter safeguards after the system was found to be significantly more adept at cybersecurity tasks. The ChatGPT maker said on Friday it “cannot rule …
1 week 2 days ago
Extreme heat has killed more than 25,000 people across Europe this year, according to the latest available data compiled by Bloomberg. Germany recorded the highest toll, with an estimated 11,900 excess deaths linked to heat since April, according to the …
Admin
1 week 2 days ago
Taylor Farms said on Sunday it was recalling prepared food items containing jalapenos from retailers, including Walmart, Kroger and Whole Foods in some states, over concerns about potential salmonella contamination. The California-based supplier said it had voluntarily recalled the products, …
1 week 2 days ago
A group of 32 county workers in Greene County, Alabama, became so fed up with what they said were rats, faulty air-conditioning and a leaky roof at the county courthouse that they sued their county commissioners in 2020. The workers …
William Rabb
1 week 2 days ago
Teva Pharmaceuticals has asked a U.S. judge to prevent insurer Humana from telling jurors it is an Israeli company at a major drug price-fixing trial, arguing that strong public views over the Gaza war could prejudice proceedings and affect its …
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1 week 2 days ago
About a month after an outbreak of Legionnaires disease hit New York City, New York Gov. Governor Kathy Hochul has signed legislation strengthening regulations on cooling tower inspections aimed at preventing future public health hazards. The new law requires that …