Taiwan Suspends Stock Trading Due to Super Typhoon Kong-Rey October 30, 2024 By Mary Hui and Cindy Wang Taiwan will suspend trading on its $2.5 trillion stock exchange Thursday as a powerful typhoon barrels toward the archipelago. Super...
Homeowners Insurance Does Not Cover Cryptocurrency Theft, 4th Circuit Affirms October 30, 2024 By Andrew G. Simpson A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the...
New Gallagher Re-Bitsight Report Identifies Cyber Footprint as Claims Driver October 30, 2024 A new report from Gallagher Re found that cyber insurers could reduce loss ratios up to 16% by removing most-at-risk...
Program Uses AI to Send Cash Payments to 1,000 Households Hit by Hurricanes October 30, 2024 By Gabriela Aoun Angueira Nearly 1,000 hurricane-impacted households in North Carolina and Florida will benefit this week from a new disaster aid program that...
Autonomous Tech Is Coming to Farming. What Will It Mean for Crops And Workers Who Harvest Them? October 30, 2024 By Ayurella Horn-Muller Jeremy Ford hates wasting water. As a mist of rain sprinkled the fields around him in Homestead, Florida, Ford bemoaned...
North Carolina’s Governor Approves More Than $600M in Helene Recovery Funding October 30, 2024 North Carolina Gov. Roy Cooper approved more than $600 million worth of disaster relief funding Friday for western North Carolina...
McDonald’s Sued by Consumers in Proposed Class Action Over E.coli Outbreak October 30, 2024 McDonald’s was sued on Tuesday by consumers in a proposed class action stemming from the E.coli outbreak linked to onions...
Brazil Institute Sues Social Media Giants for $525M Over Excessive Use by Minors October 29, 2024 By Ricardo Brito Brazil’s Collective Defense Institute has filed two lawsuits demanding 3 billion reais ($525.27 million) from the Brazilian units of TikTok,...
Global Natural Catastrophe Insured Losses Exceed $102B During Q1-Q3 2024: Aon October 29, 2024 By L.S. Howard The third quarter of 2024 saw a number of significant disaster events, which drove year-to date economic losses above at...
Adidas and Ye Settle All Claims Two Years After Stormy Split October 29, 2024 By Sonja Wind Adidas AG reached an out-of-court settlement with rapper Ye that concludes all claims connected to the sportswear maker’s decision to...