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ICEYE launches Flood Insights and Flood Early Warning for Canada, providing near real-time situational awareness
ICEYE’s Flood Early Warning data is available 96 hours before each...
Oil majors offered faster Nigerian exit if they pay for cleanup
Exxon, Shell, TotalEnergies, and Eni have all sought to leave...
Australian court upholds landmark suit against Johnson & Johnson
A three-judge panel at the federal court dismissed the appeal on Friday, a decision that “confirmed that these women are entitled to be compensated for the losses and the life-altering complications that they have suffered as a result of these implants,” said Rebecca Jancasukas, a lawyer for the claimants.
Victims said the mesh — designed to support weakened muscles holding up the pelvic organs — had caused disastrous side-effects including incontinence, infections and chronic pain.
“The risks were known, not insignificant, and on the respondents’ own admission, could cause significant and serious harm,” the judge said in the initial ruling.
Allianz to acquire Aviva Italia
Giacomo Campora, CEO Allianz S.p.A., commented: “The acquisition of Aviva Italia S.p.A. perfectly fits with our strategy of growth in the insurance market, based on a solid technological platform and on continuous investments to offer our customers and agents products and services of an outstanding quality.”
‘When will it end?’: How a changing virus is reshaping scientists’ views on COVID-19
The scientists now believe that SARS-CoV-2 will not only remain with us as an endemic virus, continuing to circulate in communities, but will likely cause a significant burden of illness and death for years to come.
US ban on export of critical raw materials to limit vaccine supply: Serum
He said the recent invocation of the U.S. Defence Production Act to preserve vaccine raw materials for its own companies went against the global goal of sharing vaccines equitably.
Insurers rewrite business policies after pandemic legal tussles
New policies and renewals now define terms like “communicable disease” or “microorganism” – something existing policies often lacked, and which led to a flood of lawsuits that insurers have so far largely won.
An exclusion drafted by the Lloyd’s Market Association, for example, says insurers will not cover any claim “directly or indirectly arising out of, attributable to, or occurring concurrently or in any sequence with a Communicable Disease.”
Activists sue big French retailer over Amazon forest damage
They filed the lawsuit in the French city of Saint-Etienne, where Groupe Casino is based, using a 2017 French law requiring large companies to prevent any serious human rights and environmental violations in their businesses and supply chains. Violators must pay reparations for any damage caused by their inaction.
China aims to boost next-gen AI, brain science, genetic research and biotechnology, clinical medicine and health
Why world’s power grids are increasingly vulnerable to cyber attacks
“Essential state infrastructures like power grids and nuclear reactors have been and will continue to be a target of cyber attacks because modernization allows internet connectivity, which makes them vulnerable,” said Kim Seungjoo, a professor at Korea University’s School of Cybersecurity.
“It’s almost a natural instinct of hackers, especially the state-sponsored ones, to attack energy infrastructure because they can easily disrupt national security.”
Stand-alone cyber insurance products to benefit both insurers and policyholders:S&P
Although cyber attacks and the resulting financial losses are on the rise, the cyber insurance market is underdeveloped. Cyber cover is often bundled into existing property or liability insurance policies, and in some cases, the policies do not explicitly include or exclude cyber cover at all. This gives rise to “silent cyber”, or the risk to insurers of losses from cyber-related claims on existing property or liability insurance policies.
International Conference On Disaster Resilient Infrastructure to be held from 17 – 19 March
ICDRI 2021 is a three-day interactive virtual conference • It will be held from 17 – 19 March 2021 • Prime Minister of India Narendra Modi is scheduled to make the inaugural speech for the event • ICDRI 2021 constitutes of a virtual exhibition – Marketplace • Online courses are being offered before, during and after the conference via Masterclass Register Now https://icdri.cdri.world/Register.html