Insurer Scores Court Victory Over Green Energy Tax Credits
An insurance company is entitled to generous tax credits even if the carrier did not invest directly in renewable energy projects, a North Carolina court has decided, ...
Technology/Science
TikTok’s Chinese Ownership, Security Concerns Spark Bans Across Nations
The Biden administration has demanded that TikTok's Chinese owners divest their stakes in the popular video app or face a possible U.S. ban, the company told Reuters this ...
Reinsurance Tech Firm Tremor Launches Cat Bond Issuance Platform
Tremor Technologies Inc., the Boston-based reinsurance pricing and placing platform, has launched a catastrophe bond issuance platform called Tremor Issuer™. Tremor Issuer is part of the suite of ...
To the Moon and Back: Space Tourism and Insurance
Space tourism, or human space travel for recreational purposes, is in its early days. For insurers, this means it's an emerging business that most aren't ready to tackle yet. Neil Stevens, senior ...
FTX’s Crash Exposes Insurance Black Hole That Risks Impeding Crypto Sector Recovery
A long road lies ahead to repair confidence in crypto after unprecedented bankruptcies and hacks, including the major challenge of giving investors a way of insuring ...
London Cyber Decoys Attacked 91 Million Times in January by Over 101,000 Hackers
Computers specially configured to make cyber criminals think they were small businesses operating in London were attacked by hackers over 2,000 times every minute this ...
Study: Back-to-Back Hurricanes Likely to Come More Often
What used to be a rare one-two punch of consecutive hurricanes hitting about the same place in the United States weeks apart seems to be happening more often, and a new ...
Ransomware Attacks on Industrial Firms Increased by 87% in 2022
Ransomware attacks against industrial organizations increased by 87 percent in 2022 from the year before, with most malicious software targeting the manufacturing sector, ...
ChatGPT Drawing U.S. Lawmakers’ Attention
ChatGPT, a fast-growing artificial intelligence program, has drawn praise for its ability to write answers quickly to a wide range of queries—and attracted U.S. ...
Facebook Hit With $1 Million Fine Tied to User-Privacy Lawsuit
]]Facebook and its outside law firm were ordered to pay almost $1 million in sanctions for deceitfully denying that it shared users' private information with third ...