Wind Farm Developer Settles for $125M over Scrapped Offshore Projects May 30, 2024 By Wayne Parry Danish wind farm developer Orsted will pay New Jersey $125 million to settle claims over the company’s cancellation of two...
Where the AI Risks Are: Swiss Re’s Top 10 Ranking by Industry May 29, 2024 By Susanne Sclafane The insurance industry came in sixth in a ranking of 10 major industries based on current AI risk, and seventh...
Texas Storm Leaves Thousands of Homes Without Power: Weather Watch May 29, 2024 By Brian K. Sullivan More than half a million electricity consumers are still without power in Texas and over one thousand flights were canceled...
Mars Loses Appeal to Undo Dismissal of COVID-19 Business Loss Claims May 29, 2024 Petcare, food and candy company Mars Inc. has lost its bid to revive its claims against Factory Mutual Insurance Co....
Allianz is Lead Insurer for Singapore Airlines Plane, Sources Say May 24, 2024 By Carolyn Cohn Allianz is the lead insurer for the Singapore Airlines aircraft which left one person dead and scores injured after it...
Houston Windstorm Causes Preliminary Economic Loss of $5-7B: AccuWeather May 20, 2024 By Ezra Amacher The destructive windstorm that blew out windows in downtown Houston and left hundreds of thousands of southeast Texas residents without...
64% Jump in Ransomware Claims on Remote Access Tools, Report Shows May 16, 2024 A 64% jump in ransomware claims in 2023 is driven by an explosion in “indirect” ransomware incidents, up over 415%...
It’s a Matter of When, Not if, a Hurricane Will Hit Florida, Forecasters Say May 13, 2024 By Michael Schneider With the start of hurricane season less than a month away, U.S. officials who predict, prepare for and respond to...
AccuWeather Says 700-Plus Tornado Reports Filed in 2024 Above Historical Average May 13, 2024 Approximately 700 preliminary tornado reports have been filed so far in 2024, above the historical average for this time of...
The Difference Between Lost Wages and Lost Income Analyses May 2, 2024 By Jennifer Engle Forensic accountants are often retained to evaluate economic damages arising from a multitude of circumstances. These engagements require a set...