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A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source of losses for the industry. Claims tied to SRCC — strikes, riots and civil commotion — are emerging as a …

Rhode Island-based Beacon Mutual Insurance Co. reported that President and Chief Executive Officer Brian J. Spero will retire effective March 31, 2027, after more than 18 years of service to the company. Amy C. Vitale, Esq., executive vice president and …

Britain could bring in an Australian-style ban on social media for children under 16 as early as this year and close a loophole that left some AI chatbots outside safety rules, as part of government efforts to respond more quickly …

A jury in Pennsylvania state court on Friday awarded $250,000 to the family of a woman who sued Johnson & Johnson alleging its talc-based baby powder was to blame for her ovarian cancer. The jury in the Philadelphia Court of …

Artificial intelligence is becoming a core competency for insurers that want to stay competitive in the face of geopolitical volatility, shifting claims patterns, persistent cost pressures and rising customer expectations. But to unlock AI’s full potential, carriers need to first …

The Paris public prosecutor has opened five investigations into baby milk brands distributed by Nestle, Lactalis, Danone, Babybio and La Marque en moins after contamination with toxin cereulide, it said on Friday [Feb. 13]. Cereulide, which can cause nausea and …

São Paulo, one of the world’s largest metropolitan areas housing 21 million people, is living through its largest climate-induced stress test in more than a decade as deadly flash floods collide with a severe drought. Water in the region’s largest …

A growing procession of tech industry leaders including Elon Musk and Tim Cook are warning about a global crisis in the making: A shortage of memory chips is beginning to hammer profits, derail corporate plans and inflate price tags on …