Tue, Nov 2 | Robots hit the streets as demand for food delivery grows
In a story reported by the Associated Press, “robot food delivery is no longer the stuff of science fiction.” Hundreds of robots have been taking to the streets across the US and UK, and beyond to accommodate the rising demand for food delivery that boomed as a result of the pandemic. (Continue reading)
Tue, Nov 2 | Reinsurers look ahead to uncertain future
Inflation, cyber liability, and other industry challenges are producing continued uncertainty for reinsurers heading into 2022, with wider uncertainty related to the pandemic and its downstream effects on various sectors (Continue reading)
Read Next: 3 Ways Insurers Can Grow Their Business
Tue, Nov 2 | Second version of PRIA introduced
The second iteration of the Pandemic Risk Insurance Act (PRIA) was introduced to congress. If passed, the act would establish “a pandemic risk reinsurance program, requiring insurers to offer pandemic risk coverage in all critical commercial lines of insurance, including business interruption and specialty lines such as event cancellation.” (Continue reading)
Tue, Nov 2 | Aviation insurance buyers face bumpy renewal season
As industries continue working toward economic recovery coming out of the pandemic, commercial airlines are anticipating a “mixed bag” when it comes to their insurance renewals. According to Jeff Bruno, president and chief underwriting officer at insurer Global Aerospace Inc., “the fear is if we find ourselves at or above 2019 exposures because of claims inflation, we’re likely to exceed 2019 loss activity. If the market doesn’t continue to adjust pricing upward at some point underwriters are likely to be playing catch-up again,” (Continue reading)
Read Next: How to Leverage Vendor Risk Management to Combat Supply Chain Disruption
Thu, Nov 4 | The AP Interview: Justice Dept. conducting cyber crackdown
The Biden Administration continues to escalate “its response to what it regards as an urgent economic and national security threat.” According to a Justice Department official, the department will be ramping up its actions to “combat ransomware and cybercrime through arrests and other actions.” (Continue reading)
Mon, Nov 8 | Barriers, crowd control in focus in Houston concert deaths
A Nov. 5 concert in Houston has been dominating headlines and calling into question the rules and standards that surround large events. A crowd surge at a concert for rapper Travis Scott led to over 300 people being treated at a field hospital on-site, at least 13 more treated at a hospital off-site, and a climbing death toll that has risen to nine. (Continue reading)
Wed, Nov 10 | Prices climbed 6.2 percent in October compared with last year, the largest increase in 30 years, as inflation strains economy
The Bureau of Labor Statistics (BLS) reported the rise in October prices, which according to The Washington Post, “was driven by soaring energy prices and ongoing supply chain backlogs, such as those in the used-car market.” (Continue reading)
Supply Chain News
- Tue, Nov 2 | TSMC founder chides US plan for full chip supply chain onshore
- Wed, Nov 3 | Where Are All the Truck Drivers? Shortage Adds to Delivery Delays
- Wed, Nov 3 | Asia chip shortage slams Apple and Nintendo output
- Thu, Nov 4 | Toyota Profit Zooms Past Chip Shortage
Coronavirus News
- Mon, Nov 1 | COVID-19′s global death toll tops 5 million in under 2 years
- Mon, Nov 1 | Reasons for Federal Contractor Vaccine Delays Laid Out
- Tue, Nov 2 | CDC signs off on children’s coronavirus vaccine, allowing providers to begin immunizing kids ages 5 to 11 immediately
- Wed, Nov 3 | Comp claims fall as percentage of California COVID infections
- Fri, Nov 5 | Cruises reported more than 1,350 covid cases since June, CDC report reveals
- Fri, Nov 5 | OSHA Issues Emergency Temporary Standard for COVID-19 Vaccination and Testing
- Mon, Nov 8 | German COVID infection rate at new high as vaccinations slow
- Mon, Nov 8 | Pfizer-BioNTech expected to seek authorization for coronavirus booster for people 18 and older
- Wed, Nov 10 | Coronavirus infections rise in northern states, Mountain West, as holidays near
- Fri, Nov 12 | Not out of the woods: COVID cases rising in Western Europe
Climate & Environment News
- Sun, Oct 31 | Urgency over net zero sparks climate tech investment boom
- Wed, Nov 3 | Satellites Could Help Track if Nations Keep Their Carbon Pledges
- Wed, Nov 3 | The world will burn through its ‘carbon budget’ in 11 years without big emissions cuts, scientists say
- Thu, Nov 4 | Is it green, or forever toxic? Nuclear rift at climate talks
- Wed, Nov 10 | U.S., China issue joint pledge to slow climate change in the next decade