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......»»
Mini lab secures NASA ride to the moon
A miniaturized laboratory developed by The Open University (OU) with support from RAL Space will fly to the lunar South Polar region in the European Space Agency's (ESA) Prospect package in search of volatiles, including water ice, as part of NASA's.....»»
Colorado"s wildfire risk is so high a fire department struggled to find insurance to build a new firehouse
The Durango Fire Protection District was repeatedly denied insurance coverage for the construction of its new downtown firehouse earlier this year because of the wildfire risk......»»
F&I revenue still possible as leasing returns
As leasing grows across the country, car dealership finance managers might have a harder time hitting the kind of F&I gross profit per vehicle seen during the inventory shortage. But there's still an opportunity for the finance and insurance office,.....»»
Canadian insurers and municipalities sharing data could improve availability, affordability of flood insurance
The increasing cost of flood damage has seen property insurance become less affordable for many Canadians. New research from the University of Waterloo shows that if insurers and local governments pooled information on investment in flood-risk manage.....»»
Researchers model physics of the pumping technique used to achieve air on a skateboard half-pipe
A team of engineers and mathematicians from ETH Zürich, working with colleagues from The Institute of Statistical Mathematics, and ATR Institute International, both in Japan, has successfully modeled the physics involved when humans pump on skateboa.....»»
Public dealerships" F&I gross profits fall in Q2 but most above $2,000 a vehicle
AutoNation, Lithia, Group 1, Sonic and Asbury all had same-store finance and insurance gross profit per vehicle above $2,000 in the second quarter......»»
Property insurance: Dealer hurdle over EVs
Zurich Insurance Group issues recommended best practices for dealerships servicing EVs that could add costs......»»
How some states help residents avoid costly debt during hard times
A new national study provides the best evidence to date that generous unemployment insurance benefits during the COVID-19 pandemic helped reduce reliance on high-cost credit use......»»
My insurance company spied on my house with a drone. Then the real nightmare began.
My insurance company spied on my house with a drone. Then the real nightmare began......»»
U.S. Justice Department lawsuit: Company allegedly force-placed insurance on more than 600,000 customers
National General Holdings Corp. and three subsidiaries wrongfully force-placed collateral protection insurance products on massive numbers of vehicles financed through Wells Fargo, according to the U.S. Justice Department......»»
Lineaje secures $20 million in funding to address software supply chain issues
Lineaje has unveiled a landmark $20 million Series A funding round led by Prosperity7 Ventures, Neotribe, and Hitachi Ventures, alongside existing investor Tenable Ventures. This significant investment underscores the escalating global demand for rob.....»»
US farmers want to adapt to climate change, but crop insurance won"t let them
In Kansas, where a prolonged drought has killed crops and eroded the soil, Gail Fuller's farm is like an oasis. Sheep, cows and chickens graze freely on crops and vegetation in a paradisiacal mess......»»
Philippine coast guard says oil leaking from sunken tanker
Some of the 1.4 million liters of industrial fuel oil inside a sunken Philippine tanker has started to leak into Manila Bay, the coast guard said Saturday, as they raced to avoid an environmental catastrophe......»»
How one car dealership group tackles health care insurance costs
A Carter Myers self-insured plan allows it to manage costs and potentially give leftover money back to help employees cover premiums......»»
CrowdStrike largest IT outage in history; cost more than $5B
Cybersecurity researcher Troy Hunt – who runs the HaveIBeenPwned website – predicted that the CrowdStrike failure would set a record as the largest IT outage in history, and the numbers seem to back him up. Cyber insurance company Parametrix h.....»»
Philippines races to avoid "environmental catastrophe" from oil spill
The Philippine Coast Guard on Friday raced to offload 1.4 million liters of industrial fuel oil from a sunken tanker and prevent an "environmental catastrophe" in Manila Bay......»»
Cyber insurance 2.0: The systemic changes required for future security
Digitalization has evolved into a systemic risk for organizations – and, therefore, cyber insurers. With the global cost of cybercrime skyrocketing, something has to change. In this Help Net Security video, Vishaal Hariprasad, CEO at Resilience, di.....»»
Pindrop secures $100 million to further develop its audio, voice, and AI technologies
Pindrop announced it has secured $100 million in debt financing from Hercules Capital. This significant funding will enable Pindrop to further develop its audio, voice, and AI technologies, enhancing its offerings for customers in the banking, financ.....»»
Waterfall Security HERA secures OT environments
Waterfall Security launched HERA – Hardware Enforced Remote Access, a new technology designed to enable safe and secure remote access into cyber-physical systems and OT networks. HERA allows organizations to reap the operational and economical.....»»
Rear automatic braking improves safety, IIHS says in new crash test
Seven out of eight crossovers with rear automatic braking performed well in a recent rear crash prevention test from the Insurance Institute of Highway Safety......»»