A lack of resources and outdated policies for sending emergency alerts led to delayed evacuation warnings as flames began consuming neighborhoods during deadly Los Angeles-area wildfires in January, according to an outside review. The Independent After-Action Report produced by the …
Category: Insurance Journal
Trump Says US to Impose 100% Tariff on Movies Made Outside the Country
U.S. President Donald Trump said on Monday he would impose a 100% tariff on all foreign-made movies, an unprecedented move that threatens to upend Hollywood’s global business model. The step signals Trump’s willingness to extend protectionist trade policies into cultural …
Hurricane Humberto Will Allow Storm Imelda to Veer Away From US
Hurricane Humberto will likely bulldoze a path for Tropical Storm Imelda to veer away from the coastal US Southeast, sparing the region from a direct strike. Category 4 Humberto’s winds rose to 145 miles (233 kilometers) per hour as of …
Perelman Loses Bid for $400 Million for Less ‘Vibrant’ Art
A New York judge ruled Ron Perelman was not entitled to $400 million from insurers over alleged damage to an Andy Warhol and four other paintings from a 2018 fire at his Hamptons home. Justice Joel M. Cohen’s Friday decision …
Harrods Warns Customers of Data Theft in Latest IT Breach
Customers of Harrods Ltd., the luxury London department store, had their personal data stolen, the latest in a string of cyberattacks and IT breaches affecting major UK businesses this year. Data including names and contact details for some Harrods customers …
Update: Airbus, Air France Reject Blame Over AF447 Crash, After 16 Years
Airbus and Air France pleaded not guilty to manslaughter on Monday at the start of a new two-month trial over France’s worst air disaster, 16 years after a Paris-bound jet crashed into the Atlantic, killing all passengers and crew. A …
OpenAI to Bring Parental Controls in ChatGPT After Teen’s Suicide
OpenAI is rolling out parental controls for ChatGPT on the web and mobile, following a lawsuit by the parents of a teen who died by suicide after the artificial intelligence startup’s chatbot allegedly coached him on methods of self-harm. The …
New Zealand to Ease Strengthening Rules on Quake-Prone Buildings
New Zealand is changing the way it assesses earthquake-prone buildings in an attempt to reduce costs and confusion for owners. The government is implementing clearer definitions to identify buildings that pose a genuine risk to human life in medium and …
Jaguar Land Rover Seeks £2 Billion Lifeline to Tide Over Cyberattack
Tata Motors Ltd.-owned Jaguar Land Rover is raising £2 billion ($2.7 billion) loan from global banks as the luxury carmaker seeks to ease the financial strain of a cyberattack that forced it to halt production, according to people familiar with …
Sony Financial Soars in Spinoff Listing in Tokyo Trade Debut
Sony Financial Group Inc. surged in its Tokyo debut on Monday after a rare spinoff-listing by Sony Group Corp.,which is sharpening its focus on its entertainment and image sensor businesses. The shares opened at ¥205 and rose as high as …







