Editor's Picks Estimates Put U.S. Damage and Loss from Francine at $9B with $1.5B in Insured Losses September 12, 2024 A preliminary estimate shows total damage and economic loss from Hurricane Francine in the U.S. is expected to be $9... Read More
Sedgwick Announces Strategic Partnership With Altas Partners September 12, 2024 Sedgwick added a new major investor. The global provider of claims management services this week announced an investment from North... Read More
Editor's Picks Moody’s, Amwins Expect Continued Cyber Market Growth September 12, 2024 By Allen Laman Two organizations recently expressed optimism that the softening cyber market that emerged in 2023 will remain favorable into the future.... Read More
Francine Knocks Out Power to Hundreds of Thousands in South September 12, 2024 By Brian K. Sullivan Francine knocked out power to more than 400,000 homes and businesses and canceled hundreds of flights across the US South... Read More
Carmakers Adjust Electrification Plans as EV Demand Slows September 12, 2024 By Andrey Sychev, Greta Rosen Fondahn and Agnieszka Olenska Several global automakers are scaling down their electrification targets, hurt by slowing demand for fully electric vehicles due to lack... Read More
Editor's Picks U.S. Nuclear Verdicts Break Records and Drive Social Inflation to 7% in 2023, Report Shows September 12, 2024 By L.S. Howard U.S. nuclear verdicts are breaking records with 27 court cases each awarding compensation of more than $100 million during 2023,... Read More
Few Households Opt Out of $600M Ohio Train Derailment Settlement September 12, 2024 By Josh Funk Very few people who live near the East Palestine, Ohio, train derailment opted out of a $600 million class action... Read More
Venbrook Opens West Coast Office, Strengthens Private Risk Practice September 12, 2024 Venbrook Group LLC is expanding its private risk practice by opening of a new West Coast office. Venbrook has also... Read More
TD to Pay $28 Million for Sharing Inaccurate U.S. Consumer Data September 12, 2024 By Christine Dobby Toronto-Dominion Bank will pay almost $28 million in fines and restitution after the Consumer Financial Protection Bureau said the lender... Read More
Cyberattacks on U.S. Utilities Surged 70% This Year, Says Check Point September 12, 2024 By Seher Dareen and Vallari Srivastava U.S. utilities faced a near 70% jump in cyberattacks this year over the same period in 2023, according to data... Read More