UN secures insurance to pump oil from decaying tanker off Yemen
The UN has secured insurance coverage allowing it to pump more than one million barrels of oil from a decaying tanker anchored off war-torn Yemen that poses the risk of a catastrophic spillage......»»
Damage and insurance losses from Hurricane Helene could cost billions
Insurance losses are expected to reach roughly $6.4 billion, and insurance providers may reevaluate how they price policies and what types of coverage they offer......»»
OpenAI secures $6.6 billion in latest funding round
Thanks to $6.6 billion in funding from the likes of Microsoft and Nvidia with a $157 billion valuation, OpenAI is now one of the wealthiest private enterprises on the planet......»»
Why climate activists keep targeting art galleries despite public outcry
Two Just Stop Oil activists were recently jailed for 27 months and 20 months respectively for throwing soup at one of Vincent van Gogh's Sunflowers paintings at London's National Gallery back in October 2022. Some commentators suggested these were ov.....»»
As Wildfires Rage, California’s Insurance Market Is in Crisis
Providers are offering fewer and fewer policies because of costlier climate-fueled fires, homeowners moving into riskier areas, and outdated regulation of the insurance industry......»»
F&I tip: Create perceived value for auto buyers, Allstate says
Perceived value is one of the key psychological factors influencing the purchase of finance and insurance products, Allstate Dealer Services said in a white paper......»»
Hurricane Helene Shows How Broken the US Insurance System Is
Many homeowners in North Carolina won’t be insured against flooding or landslides due to the fragmented way in which disasters are covered......»»
Nio secures $1.9 billion injection from parent, shareholders
A cash burn has triggered analysts’ concerns, and Nio, which has never been profitable, reported a 4.5 billion yuan second-quarter loss, though sales surged to 17.5 billion yuan......»»
F&I tip: Make a connection before you start your pitch
Finance and insurance managers should try to get to know the customer before they start selling, said Jimmy Magee, general manager of Audi Turnersville in New Jersey. "You can find out what the most important things will be to them by having a short.....»»
The surge in cyber insurance and what it means for your business
The cyber insurance market is set for explosive growth as organizations increasingly seek financial protection against rising cyber threats. This surge in demand reflects a broader shift in how businesses approach risk management, viewing cyber insur.....»»
Forescout for OT Security secures OT, IoT, and IT hybrid environments
Forescout announced its new SaaS Operational Technologies (OT) solution. Forescout for OT Security is a security solution that allows organizations to secure complex, heterogeneous OT, IoT/IoMT, and IT environments whether they are fully in cloud, co.....»»
This Florida woman’s nearly $100K flood insurance claim was denied after Tropical Storm Debby due to a major loophole
This Florida woman’s nearly $100K flood insurance claim was denied after Tropical Storm Debby due to a major loophole.....»»
Cyber insurance set for explosive growth
Cyber insurance is poised for exponential growth over the coming decade, but it remains a capital-intensive peril that requires structural innovation, according to CyberCube. The mid-range projection suggests that the US standalone cyber insurance ma.....»»
"Staggering" destruction in Yemen after deadly flash flooding
Sitting by their ruined home, Abu Ibrahim wept for his son and seven grandchildren killed by flash floods in Yemen, where increasingly severe downpours are piling more misery on the impoverished, war-torn country......»»
Century-old experiment secures beer and whiskey"s future
Thanks to an experiment started before the Great Depression, researchers have pinpointed the genes behind the remarkable adaptability of barley, a key ingredient in beer and whiskey. These insights could ensure the crop's continued survival amidst ra.....»»
Cybersecurity is a fundamental component of patient care and safety
Healthcare institutions are custodians of vast repositories of sensitive patient data, encompassing comprehensive health histories, insurance profiles, and billing data. The ramifications of a data breach often extend far beyond the immediate task of.....»»
Shallow waters make the best carbon sinks, researchers find
Marine phytoplankton take up atmospheric carbon and carry it to the seafloor when they die and sink (a process known as organic carbon sedimentation). This biological carbon pump is a powerful part of Earth's carbon cycle, yet scientists don't have a.....»»
Oil tanker ablaze off Yemen threatens environmental disaster
An abandoned tanker carrying more than one million barrels of crude oil could contaminate vast areas of the Red Sea in a severe, long-term environmental disaster if it breaks up or explodes, experts warn......»»
16 Wheeze-Worthy Photos That Made Me Laugh Harder Than Seeing My Childhood Bully Pump My Gas
16 Wheeze-Worthy Photos That Made Me Laugh Harder Than Seeing My Childhood Bully Pump My Gas.....»»
Insurance companies sue Honda, N.Y. dealership to recoup payout from Pilot fire
Three insurance companies are suing American Honda Motor and a New York dealership to recoup more than $1 million they paid for damages caused when a service customer's parked vehicle caught fire......»»
Wild weather is costing billions of dollars and putting the future of insurance in doubt
Late winter and early spring have been marked by wild weather sweeping large parts of Australia, damaging homes and businesses and causing power outages......»»