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US urges court to consider Amazon.com asset sales for breaking antitrust law

by AIP Online Bureau | Sep 26, 2023 | Eco/Invest/Demography, International News, Regulation, Risk Management

“The FTC and its state partners say Amazon’s actions allow it to stop rivals and sellers from lowering prices, degrade quality for shoppers, overcharge sellers, stifle innovation, and prevent rivals from fairly competing against Amazon,” the agency said in a statement...
Cough syrup deaths overseas prompt US crackdown on toxic testing

Cough syrup deaths overseas prompt US crackdown on toxic testing

by AIP Online Bureau | Sep 26, 2023 | Health, International News, Regulation, Risk Management

Cough syrups made in India and Indonesia have been linked to deaths of more than 300 children globally. The medicines were found to contain high levels of DEG and EG, leading to acute kidney injury and death. The poisonings have sparked criminal probes, lawsuits and a...

US energy regulator recommends revising reliability standards for extreme weather

by AIP Online Bureau | Sep 26, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Regulation

FERC said the report recommends completing cold weather reliability standard revisions from Winter Storm Uri in 2021 – which resulted in the largest controlled blackout in U.S. history – and making U.S. natural gas infrastructure more reliable The Federal Energy...

US Federal Agencies seek to streamline ‘Hodgepodge’ of Cyber Reporting Rules

by AIP Online Bureau | Sep 21, 2023 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

The law passed last year will eventually require companies to report cyber incidents within 72 hours and flag paying a ransom within 24 hours, providing what Silvers described a “sea change in federal visibility into serious cyber incidents.” Still, timelines will...

US home insurance ‘Bubble’ closer to popping as climate risks mount: Report

by AIP Online Bureau | Sep 21, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life

At the core of the problem is an increase in the severity of disasters exacerbated by climate change and the damage they wreak. Until now, state regulations that cap increases in insurance premiums and subsidized insurer-of-last-resort programs have hidden the...
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  • ICICI MF buys 1% stake in Go Digit General Insurance for ₹139 cr

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