Insurance
Inflation, Supply Chains, Tariffs: Trends Impacting Business Insurance and Claims
Inflation has been a persistent issue in the United States, though it has moderated since its peak during the COVID-19 pandemic, while supply chain disruptions for equipment and other goods continue to add to insurance claim costs—and the financial impacts …
Read More People Moves: Borys to Lead Howden US Financial Lines; Everest Appoints Vidovich General Counsel
Howden US Appoints Borys to Lead Financial Lines Practice Howden US appointed Ron Borys as head of its financial lines group in the U.S. Based in New York, Borys will be responsible for building out the practice and creating tailored …
Read More Australia’s Weather Bureau Casts Doubt on Prospects for La Niña
Australia’s weather bureau is not convinced that a La Niña weather pattern is forming that could change rainfall patterns and bring wilder weather to parts of the Americas, Asia and Oceania, affecting crop production, a senior climatologist said. La Niña, …
Read More Former WWE Boss McMahon Enters Pretrial Program in Reckless Driving Case
Former WWE CEO Vince McMahon has been allowed to enter a pretrial program to resolve a reckless driving charge stemming from a crash this summer in Connecticut. A state Superior Court judge ruled Thursday that McMahon could enter the program …
Read More Gun-Owning New Hampshire Teen Sues School Officials Who Searched His Truck
A New Hampshire teenager sued his former high school principal and others Thursday, alleging they illegally searched his truck based solely on his status as a gun owner. Jack Harrington, 18, graduated from Hillsboro-Deering High School in June, about two …
Read More Widespread AWS Outage Hits Financial and Consumer Sites
Amazon Web Services, the world’s largest cloud provider, suffered a widespread disruption on Monday morning that degraded services for several companies, including artificial intelligence company Perplexity and the Coinbase and Robinhood financial platforms. AWS found a problem with a regional …
Read More Storm Fengshen Kills Eight in Philippines as It Heads for China
Tropical storm Fengshen has killed eight people in the Philippines, authorities said, warning it could intensify as it heads for China and Vietnam. Known locally as Ramil, the storm caused torrential rains, floods and landslides in central Philippines during the …
Read More EU Seeks Maritime Declaration to Inspect Russia’s ‘Shadow Fleet’
The European Union’s diplomatic arm, the EEAS, is urging member states to back a maritime declaration that would allow EU nations working with flag states to arrange inspections on Russia’s “shadow fleet” of oil tankers, an EEAS document shows. Beefing …
Read More France’s Louvre Museum Closes After Jewels Stolen in Robbery
The world-renowned Louvre museum in Paris was shut on Sunday after several pieces of jewelry were stolen in a robbery. France’s Culture Minister Rachida Dati reported the incident on her social media account, without providing further details on what had …
Read More G20 Risk Watchdog Warns of ‘Significant Gaps’ in Global Crypto Rules
There are “significant gaps” in countries’ attempts to regulate fast-growing crypto markets, which could potentially harm financial stability, the G20’s risk watchdog warned on Thursday [Oct. 16]. The Financial Stability Board (FSB), a body founded in the aftermath of the …
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