Eric Anderson, 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. Anderson said the market is “transition from an extended …

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 …

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 …

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 …

A major earthquake hit Colombia on Monday morning, burying people under rubble and causing severe destruction to buildings and infrastructure in the Pacific region and the central Andes. The magnitude 7.4 tremor struck at 7:34 a.m. local time near the …

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 …

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 …

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 …

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 …

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 …

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 …

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 …