A Boeing Co. 787 Dreamliner aircraft operated by Air India that was bound for London crashed shortly after taking off in Ahmedabad, in what stands to be the worst accident involving the US planemaker’s most advanced widebody airliner. Flight AI171 …
Air India Boeing 787 Headed to London Crashes After Takeoff With 242 on Board Read More »
UK risk managers identified five key themes that could affect their businesses, topped by “technology, AI and cyber,” according to AIRMIC, the British risk management group, which conducted a survey of its members. Nearly 90% of respondents pointed to tech, …
UK Risk Managers Identify ‘Tech, AI and Cyber’ as Top Concern in AIRMIC Survey Read More »
For decades, Taiwan’s life insurance companies boasted of above-average returns from their heavy investment in US bonds. That reliance is now a major risk threatening more than $700 billion of assets. Unlike insurers in other countries like Japan where diversification …
Taiwan Life Insurers’ $700 Billion Bet on the US Is Backfiring Read More »
Former NFL player Kelvin Joseph is facing charges for his involvement in a crash that killed a female motorcyclist on a Dallas-area freeway, The Dallas Morning News reported. Police in the Dallas suburb of Richardson said on social media that …
Former Cowboys Player Charged in Dallas Crash That Killed Motorcyclist Read More »
New underwriting talent brings decades of expertise and strong broker relationships to support Alta’s continued growth in the excess space. OVERLAND PARK, KS (June 12, 2025) – Alta Risk today announced the addition of two seasoned excess casualty underwriters, Robert …
Alta Risk Expands Excess Casualty Capabilities with Two Strategic Hires Read More »
Tesla Inc. already had a lot riding on its highly anticipated robotaxi launch long before Elon Musk decided to swing a wrecking ball through his alliance with President Donald Trump — and the company’s share price. Now investors are looking …
Musk Pins Tesla’s Comeback on Robotaxis After Retreat From Feud Read More »
Fabcon, a Delaware corporation with a manufacturing facility in Ohio, was sentenced to pay a $500,000 fine, the statutory maximum, after pleading guilty to willfully violating an Occupational Safety and Health Administration (OSHA) rule, the Department of Justice announced. In …
Manufacturer Fined $500K for Violating OSHA Rule Leading to Ohio Worker’s Death Read More »
Michigan State University has reached settlements worth about $30 million with three students who survived a mass shooting in 2023, attorneys said Tuesday. Three students were killed and five more were wounded when a man with no connection to the …
Michigan State Reaches $30M Settlement With 3 Survivors of 2023 Mass Shooting Read More »
The Trump administration is increasingly skipping a form of federal disaster aid that helps states better prepare for future storms, flooding and wildfires. The Federal Emergency Management Agency rejected requests for such resiliency money, known as Hazard Mitigation Grant Program …
The Trump Administration Keeps Denying Disaster Preparedness Aid to States Read More »
President Donald Trump said his team will move forward with winding down much of the Federal Emergency Management Agency—but not until after a hurricane season that some projections show could be particularly deadly. “We’re going to do it much differently,” …
Trump Says FEMA Phaseout to Begin After Hurricane Season Read More »
