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Hurricane Milton could cost insurers up to $100 billion, analysts say

by AIP Online Bureau | Oct 9, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The Category 5 hurricane is due to make landfall on the Gulf Coast of Florida late on Wednesday or early Thursday, and is potentially one of the most destructive ever to hit the region, which is still recovering from devastation caused by Hurricane Helene less than...
Google loses final EU court appeal in $2.7 bn antitrust shopping case

Google loses final EU court appeal in $2.7 bn antitrust shopping case

by AIP Online Bureau | Oct 9, 2024 | International News, Regulation, Technology

The European Union’s Court of Justice upheld a lower court’s decision, rejecting the company’s appeal against the 2.4 billion Euro ($ 2.7 billion) penalty from the European Commission, the 27-nation bloc’s top antitrust enforcer Google lost its...
Star Health confirms data breach, Hacker ‘selling 57.5 lakh insurance premium records for $150K

Star Health confirms data breach, Hacker ‘selling 57.5 lakh insurance premium records for $150K

by AIP Online Bureau | Oct 9, 2024 | Health, Indian News, Risk Management, Technology, Workplace/Employee Benefits

“We acknowledge that we were the victim of a targeted malicious cyberattack, resulting in unauthorized and illegal access to certain data. We make it absolutely clear that our operations remain unaffected, and all services continue without disruption,” Star...

Internet subscribers in India reach 969.6 million, average revenue per user grows

by AIP Online Bureau | Oct 9, 2024 | Data, Eco/Invest/Demography, Technology

The number of telephone subscribers in India increased from 1,199.28 million to 1,205.64 million in the April-June quarter, registering a growth of 0.53 per cent over the previous quarter, said TRAI New Delhi: The total number of Internet subscribers in India...
TikTok sued by 13 US states and DC, accused of of harming younger users

TikTok sued by 13 US states and DC, accused of of harming younger users

by AIP Online Bureau | Oct 9, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

TikTok said on Tuesday that it strongly disagreed with the claims, “many of which we believe to be inaccurate and misleading,” and that it was disappointed the states chose to sue “rather than work with us on constructive solutions to industrywide challenges” TikTok...
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