Danone SA gave its first estimate of the potential cost of the recent recalls of infant formula over a contamination scare, saying it expects a €35 million to €70 million ($82.4 million) financial hit in the first quarter of the …
Danone Sees Up to €70 Million Hit From Baby Formula Recalls Read More »
Automakers are racing toward a key milestone on the long road to fully driverless cars: systems that let drivers take their eyes off the road – to shoot a text or peck away on a laptop – unless the car …
Carmakers Push Toward ‘Eyes-Off’ Driving, Raising Questions of Safety, Liability Read More »
Most MGAs don’t change their agency or policy management system because it stops working. They change it because growth slowly exposes friction they’ve been compensating for. Submission volume increases. Programs expand. Carrier requirements multiply. Servicing activity grows faster than new …
Why Most MGAs Outgrow Their Policy Admin System Before They Realize It Read More »
Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group, has agreed to acquire the Global Trade Credit and Surety business of QBE Insurance Group (QBE), subject to regulatory approvals. Upon successful completion, the acquisition will strengthen …
Swiss Re Corporate Solutions to Buy QBE’s Global Trade Credit and Surety Business Read More »
Companies that hedged their bets by selling potential tariff refund claims to investors celebrated on Friday after the U.S. Supreme Court struck down President Donald Trump’s sweeping emergency tariffs. Now comes the hard part. “It’s a tiny win in what …
Toymaker Assesses Next Steps in US Supreme Court Tariff Refund Battle Read More »
The United Arab Emirates said it thwarted a series of AI-backed cyberattacks and warned of a “qualitative shift” in the methods used by terrorist groups it didn’t identify. The assaults on the UAE’s digital infrastructure and “vital sectors” included attempts …
UAE Says It Foiled Wave of AI-Backed Cyberattacks on Vital Sectors Read More »
A federal judge rejected Tesla’s request to overturn a $243 million jury verdict over the 2019 crash of an Autopilot-equipped Model S, which killed a 22-year-old woman and severely injured her boyfriend. In a decision made public on Friday, U.S. …
Judge Upholds $243M Verdict Against Tesla Over Fatal Autopilot Crash Read More »
The number of days when the weather gets hot, dry and windy — ideal to spark extreme wildfires — has nearly tripled in the past 45 years across the globe, with the trend increasing even higher in the Americas, a …
Study Finds Warming World Increases Days When Weather Is Prone to Fires Read More »
Florida’s House of Representatives late Thursday voted to ask voters to end non-school property taxes on most owner-occupied homes, a move that could save some homeowners a few thousand dollars a year but, by some estimates, could cost local governments …
Florida House Asks Voters to Consider Cut Most Homes’ Property Taxes Read More »
President Donald Trump’s proposal for a massive gas-fired power plant in Ohio would likely create one of the nation’s largest sources of carbon dioxide emissions from electricity generation. While details of the potential $33 billion development are scarce so far, …
Trump-Backed Ohio Gas Plant Could Become Biggest US Power Polluter Read More »
