Patricia Wells

The U.S. National Highway Traffic Safety Administration (NHTSA) has launched a new investigation into nearly 2.9 million Tesla vehicles that use the company’s Full Self-Driving (FSD) system. This comes after reports of multiple safety issues, including cars running red lights and driving the wrong way during lane changes. So far, there have been over 50 … Read more

Insurtech company Bold Penguin has acquired SquareRisk, a digital marketplace that uses artificial intelligence to connect wholesale insurance buyers and sellers. This move gives Bold Penguin users access to a wider range of commercial insurance options, including specialty and excess and surplus (E&S) markets. Bold Penguin, which is a subsidiary of American Family Insurance and … Read more

Jose Uribe, a former insurance agent from New Jersey, avoided prison time for his part in a bribery scheme that also involved former U.S. Senator Bob Menendez, the senator’s wife, and two businessmen. Instead, a federal judge in New York sentenced Uribe to six months of home confinement and three years of probation. U.S. District … Read more

A new report from Moody’s Ratings highlights rising concerns about the risks linked to weak controls around artificial intelligence (AI) use at work. The study, based on a survey of nearly 2,000 global organizations rated by Moody’s, shows that many companies lack clear rules to manage how employees use AI tools like chatbots. This gap … Read more

A powerful coastal storm is set to hit New York City and the Northeast starting Sunday, bringing strong winds, heavy rain, and rising tides. The storm is developing off the coast this weekend and is expected to affect the region through Monday and into Tuesday. Forecasters warn that New York and nearby areas like Long … Read more

Ben & Jerry’s, the ice cream company known for its social activism and quirky flavors, is about to change corporate hands next month. But for Ben Cohen, one of the co-founders, the switch from Unilever to Magnum Ice Cream Co. won’t bring big changes to how the brand is managed—at least not when it comes … Read more

Constellation Energy has agreed to invest over $340 million to improve water quality at Maryland’s Conowingo Dam. This dam is located on the Susquehanna River, which eventually flows into the Chesapeake Bay, the largest estuary in the United States. The announcement was made last week and paves the way for renewing the dam’s operating license. … Read more

Aon and Markel Insurance have announced key leadership moves to strengthen their presence in Asia and Australia. Starting January 1, 2026, Simon Chisholm will take on the role of chairman for Asia at Aon’s Reinsurance Solutions. Based in Singapore, Chisholm will lead efforts to grow relationships with major clients in Japan and Thailand. He brings … Read more

La Nina, known for its cooler ocean temperatures and often stronger weather impacts compared to El Nino, has officially arrived, meteorologists announced Thursday. This natural climate pattern usually boosts the Atlantic hurricane season, but this year’s event appears weak and may not stir up much trouble. La Nina happens when parts of the Central Pacific … Read more

The U.S. economy is facing serious long-term challenges due to the rising impact of extreme weather, according to Kevin Stiroh, former top climate risk official at the Federal Reserve. Stiroh, who left the Fed earlier this year after the central bank scaled back its climate risk efforts, warns that banks and investors will soon see … Read more