Category: Recent Headlines

OSHA’s vaccine & testing mandate expected to return

“I do not view OSHA’s announcement about suspending activities related to implementing and enforcing the [emergency temporary standard] as anything other than a public acknowledgment that it is complying with the Fifth…

Cyberattacks, failure to innovate are execs’ top tech concerns

When it comes to technology risks, cyberattacks are the leading worry for business leaders, according to a report from Beazley Group, which found technology risks ranked higher than any other category, including business,…

The final frontier: Risk management for space innovations

Last year, as we on Earth grappled with the effects of a global pandemic, there was no pause in the number of satellites being launched into space. Indeed, the volume of launches…

Making Return-to-work Plans Amid the Latest Pandemic Surge

Recent spikes in COVID-19 and lagging vaccination rates in some areas have raised concerns about how to proceed as many companies work to transition employees back to the office or hybrid arrangements this…

Tesla Autopilot to Face Investigation After Series of Crashes

Tesla and its Autopilot feature are set to be investigated by the US government after it was accused of causing almost a dozen crashes involving emergency vehicles. The National Highway Traffic Safety…

Data breaches increased 38% in Q2

During the second quarter of 2021, data breaches increased 38% in the U.S. compared with the prior quarter, according to the Identity Theft Resource Center (ITRC). If the volume of breaches continues on its…

Drought, Heat in Western US Foretell Severe Wildfire Losses for 2021

With record-breaking heat and drought conditions sweeping the western United States, the 2021 wildfire season will likely produce another devastating year of wildfire losses, according to a recent report from A.M. Best….

Storming the Capitol: Insurance’s role in covering invasions past and present

History provides a great opportunity to learn from past mistakes to avoid repeating them today. Consider this semi-fictitious account of another invasion of the Capitol. Benjamin Franklin organized the oldest property insurance company…

The Road Ahead for Semi-autonomous Vehicle Crash Liability

Semi-autonomous vehicles, which allow drivers to supervise and take control of the vehicle, are becoming more common. But before we fully accept the inherent risks and realities linked to the idea that semi-autonomous…

Commercial Insurance Prices Hit Highest Average Increase Since 2003

U.S. commercial insurance price increases hit their highest level since 2003 in the fourth quarter of 2020, with the average across all lines up over 10%, according to Willis Towers Watson’s Commercial…