Inflation accelerated to a fresh 40-year high in May, a sign that price pressures are becoming entrenched in the economy. That will likely push the Federal Reserve to extend an aggressive series of interest-rate hikes and adds to political problems for the White House.
The state-backed Citizens Property Insurance Corp. added about 12,000 policies last week amid continuing fallout of private insurers shutting down or shedding policies.
U.S. commercial insurance prices increased by 6% overall in the first quarter, around one point lower than the aggregate increase in the fourth quarter of 2021, according to Willis Towers Watson PLC’s latest pricing survey.
In addition to predicting greater geopolitical volatility driven by global food and energy insecurity, Chubb’s chief executive warned carriers to brace for greenwashing lawsuits on the horizon against D&O insureds and insurers themselves.
On May 19, 2022, the Ninth Circuit Court of Appeals issued an unexpected ruling that hemp-derived delta-8 THC falls within the definition of “hemp” under the 2018 Farm Bill. The Court’s decision in AK Futures LLC v. Boyd St. Distro, LLC, No. 21-56133, 2022 U.S. App. LEXIS 13526, affirmed a...
In this edition of Risk Alerts: the shifting gun liability landscape, outdated building codes, the possibility of a Cat 6 hurricane., and how copycat packaging is leading to accidental THC ingestion—especially in children.
This year the Portland/Vancouver metro area has seen a lot more rainfall than it did last year in 2021. However, firefighters warn, looks can be deceiving, especially when it comes to fighting wildfires.
Western Wildfires Force Evacuations in AZ, CA Roughly 2,500 homes have been evacuated because of two wildfires burning on the outskirts of Flagstaff in northern Arizona, officials said.
As the auto industry enters an era where cars are increasingly relying on the internet to operate, some experts say that the shift to autonomy may pose greater cybersecurity risks.
Artificial intelligence developed at NCAR in Boulder is allowing scientists to identify the locations and amounts of dead or dying trees and vegetation in Colorado forests, which burn quickly and, therefore, cause wildfires to spread faster.