Following two years of high but stable loss activity, 2023 has seen a “worrying resurgence” in ransomware and extortion claims as the cyber threat landscape continues to evolve, Allianz Commercial writes in a new report. The business insurance company’s analysis …
Investors are losing patience with corporate foot-dragging on key ESG metrics and starting to see legal action as the logical next step, according to the head of Britain’s biggest sustainable finance association. They’re “frustrated at the pace of progress in …
PILANESBERG NATIONAL PARK, South Africa — W ynand du Toit’s safari camp in South Africa’s Pilanesberg National Park lies abandoned, its tents ripped open by baboons and its survival in the balance after his insurer rejected his COVID-19 claim. In …
In the rarefied world of high-end bong makers, Roor glass water pipes have long been smoked to impress. The status symbols are so sought after that some models command prices of $1,000. There’s even a diamond-studded, gold-gilded Roor that goes …
Mars Inc has recalled chocolate bars and other products in 55 countries, mainly in Europe, due to choking risk after a piece of plastic was found in a Snickers bar in Germany. All of the recalled products, which include Mars, …
Small and medium-sized enterprises (SMEs) around the world are making greater use of the internet and are therefore becoming more exposed to potential cyber risks threats. Zurich’s survey reveals: SMEs’ greatest fear is loss of customer data and damage to …
As law firms adjust to the realities of the current business environment, they continue to fall victim to malpractice claims, which can be costly to defend and may result in enduring reputational damage. A new study by insurance broker Ames …
Asiana Airlines said Sunday its reputation was damaged by a report on a San Francisco TV station that used bogus and racially offensive names for four pilots on its plane that crashed earlier this month and is considering legal action. …
Austrian company Red Bull’s unusual decision to go public on a blackmailer’s threat to contaminate its energy drinks with feces could cost the brand far less long-term than any immediate hit to sales. Known for investing heavily in marketing its …
Ireland’s prime minister vowed Tuesday to identify who has been putting horsemeat into Irish-produced burgers, a scandal that is casting doubts on the integrity of processed beef products across Europe. Yet even as Prime Minister Enda Kenny said the problem …