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China chemical plant explosion death toll climbs to 44; 32 others critical

by AIP Online Bureau | Mar 22, 2019 | Disaster & Management, International News, Non-Life, Risk Management

  Beijing: The toll in the explosion at an industrial park in eastern China climbed steeply to 44 on Friday morning as a number of people succumbed to their injuries.   The explosion occurred on Thursday following a fire in a fertilizer factory in a chemical...

Facebook admits to storing passwords in plain text on internal servers

by AIP Online Bureau | Mar 21, 2019 | International News, Risk Management, Technology

    Facebook on Thursday admitted that millions of passwords were stored in plain text on its internal servers, a security slip that left them readable by the social networking giant's employees. .   "To be clear, these passwords were never...

Munich Re aims to boost Ergo insurance business via acquisitions

by AIP Online Bureau | Mar 21, 2019 | International News, Non-Life

  MUNICH: Munich Re has no plans to sell Ergo, its primary insurance arm, and aims to strengthen this business through acquisitions once its turnaround has been completed in two years, Chief Executive Joachim Wenning said on Wednesday.   Ergo has been...

U.S weighs bids for putting Automated Vehicles on roads

by AIP Online Bureau | Mar 21, 2019 | International News, Non-Life, Policy, Regulation, Risk Management, Technology

  The U.S. National Highway Traffic Safety Administration said Friday it was seeking public comment on General Motors’ 15-month-old petition seeking approval to deploy a limited number vehicles on U.S. roads without steering wheels or other human controls....

US Jury finds Roundup Weed Killer causes Cancer

by AIP Online Bureau | Mar 21, 2019 | Health, International News, Risk Management

  A U.S. jury on Tuesday found Bayer AG’s glyphosate-based Roundup weed killer caused cancer, a blow to the company eight months after another jury issued a $289 million verdict over similar claims in a different case.   Tuesday’s unanimous jury...
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