AI & Technology CyberCube Puts Insured Loss Estimate From AWS Outage Around $40M Cyber analytics firm CyberCube said losses from the Amazon Web Services outage could eclipse $580 million. CyberCube late last week... Read More
Agency Questions Tesla About ‘Mad Max’ Driver Assistance Mode The National Highway Traffic Safety Administration said on Friday it is seeking information from Tesla about a new driver assistance... Read More
GEICO Sues Medical Firms in Florida, NY Over Alleged No-Fault Auto Fraud GEICO is taking aggressive action against medical firms in Florida and New York, accusing them of leading multimillion-dollar, no-fault auto... Read More
Apple Loses UK Class Action Over Excessive App Store Charges Apple Inc. lost a class-action in the U.K. after a court ruled that it abused its dominant position to charge... Read More
Expert Viewpoints Insurance Claims After AWS Outage Won’t be a One-Size-Fits-All Solution Early in the morning on Oct. 20, 2025, Amazon Web Services experienced an outage that lasted more than 12 hours.... Read More
Amazon Cloud Reputation Takes Hit After Outage Lasting 15 Hours Amazon.com Inc.'s reputation as a reliable provider of cloud services took a hit after an outage disrupted the operations of... Read More
Catastrophe Bonds’ Huge Market Gains Put Reinsurers on Backfoot The seemingly unstoppable rise of catastrophe bonds may now be eroding the market share of reinsurers. After years of raising... Read More
State Emergency Officials: New Rules, Delays for FEMA Grants Put Disaster Response at Risk State officials on the front lines of preparing for natural disasters and responding to emergencies say severe cuts to federal... Read More
Can a More Unified Front Be Formed Against Legal System Abuse? To tell the public what it spends on insurance—an amount largely effected by what it calls legal system abuse—Uber has... Read More
Insureds Need Early ACV Estimate to Claim Breach of Contract, Appeals Court Rules In what is being seen as a significant win for property insurers, a Florida appeals court found that Universal Property... Read More