As cloud computing reshapes IT operations, the traditional value of source code escrows is diminishing, prompting insurance CIOs to rethink business continuity and vendor risk strategies.
A shoplifting ring that stole $2 million in high-end goods across several states was dismantled, with stolen items resold online and in the Dominican Republic. New laws are being enforced to tackle organized retail theft.
MIT researchers combine generative AI and physics models to create realistic satellite images of future floods, enhancing readiness and emergency planning.
The 2024 Atlantic hurricane season, ending with 18 named storms, saw record-breaking storms, including Hurricane Milton, which inflicted billions in insured losses across the U.S.
Businesses must strike a balance between innovative AI tools and human intuition to meet evolving customer expectations and deliver exceptional experiences.
Deep frying a turkey can result in a delicious holiday centerpiece, but it’s essential to follow safety precautions to avoid injuries or fires. Here’s how to fry safely.
A ransomware attack on Blue Yonder, a software provider for scheduling and supply chain management, disrupted Starbucks’ systems, forcing manual payroll and scheduling for workers in North America.
An Ohio man has been sentenced for orchestrating a $229,000 insurance fraud scheme involving multiple companies and falsified claims, including property theft and fake medical expenses.
New York’s highest court has upheld Uber’s arbitration requirement in a case involving a preexisting injury lawsuit, ruling the company’s clickwrap agreement is a valid contract.
New York imposes $11.3M in fines on GEICO and Travelers after data breaches exposed personal information of over 120,000 customers, citing insufficient cybersecurity controls.
RiskScan 2024 highlights how cyber incidents, climate change, and economic inflation dominate risk concerns across insurers, businesses, and consumers, revealing critical gaps in awareness.
Florida regulators subpoena Weiss Ratings over claims the state’s insurance market is collapsing. The agency’s founder defends his warnings, citing widespread issues with unpaid claims.
Thanksgiving travel this year is expected to surpass pre-pandemic levels, with nearly 80 million Americans traveling by car, air, and other modes, setting new records across the board.
A Pennsylvania jury awarded $11 million to a veteran injured by a Sig Sauer P320 pistol that allegedly fired without the trigger being pulled, citing design flaws and negligence.
A class action lawsuit against SafeRent Solutions over alleged discriminatory algorithms concludes with a $2.2 million settlement and restrictions on AI screening practices.
