Full content: Venezuela’s oil industry is running its day-to-day operations via phone calls and handwritten reports in the month since a cyberattack on state-owned oil giant Petróleos de Venezuela SA. A Dec. 15 attack shut down PDVSA’s system, leaving the company to …

Full content: An exchange-traded fund tied to bets on natural disasters has started trading in London, after becoming the first such ETF to attract a lead market maker. The KRC Cat Bond UCITS ETF was launched with the goal of drawing more …

Full content: U.S. senators late on Monday unveiled draft legislation that would create a regulatory framework for cryptocurrency which, if signed into law, would clarify financial regulators’ jurisdiction over the burgeoning sector, potentially boosting digital asset adoption. The crypto industry has long …

Full content: Deadly floods prompted South Africa’s iconic Kruger National Park to shut to further visitors, after extreme rainfall killed dozens in the northeast of the country and neighboring Mozambique. The South African Weather Service on Thursday issued its highest weather warning …

Full content: The South Carolina Workers’ Compensation Commission this week banned all wireless communication devices, including cellphones, laptop computers, cameras and even smart watches, from the Commission’s courtroom. The bulletin, issued Jan. 12, said the order does not apply to staff, lawyers, …

Full content: Virginia officials are touting the state’s efforts in strengthening oversight of the state’s 300 nursing homes, including filling leadership and inspector positions and improving how complaints are handled. “Virginia families deserve confidence that when a loved one lives in a …

Full content: New Jersey Governor Phil Murphy yesterday signed into law a measure providing employment protections for paid first responders diagnosed with post-traumatic stress disorder under certain conditions. The New Jersey First Responders Post-Traumatic Stress Disorder Protection Act (S2373/A2145) prohibits employers from …

Full content: Nearly 1,000 households displaced by catastrophic wildfires on the Hawaiian island of Maui are anxiously awaiting word on whether federal assistance helping them stay housed will be left to expire, forcing them to find new housing or pay more for …

Full content: DoorDash Inc. and Uber Technologies Inc. have deprived New York delivery workers of more than $550 million in tips after changing the interfaces on their apps, according to findings released in a report from a city agency. Mayor Zohran Mamdani’s …

Full content: There has been no shortage of analyses and reporting released for the one-year anniversary of the January 2025 Los Angeles wildfires, which destroyed more than 16,000 properties and have generated more than $22 billion in claims so far. A one-year …

Full content: An Oklahoma state senator has proposed a package of insurance reform bills she says will tackle the state’s skyrocketing insurance costs. Democrat Sen. Julia Kirt, the Minority Leader of the Oklahoma Senate, has pre-filed three insurance-related bills ahead of the …

Full content: Federal immigration officers targeted a construction site in rural Louisiana where Meta Platforms Inc. is building its largest data center, leading to the arrest of two individuals, according to local law enforcement. US Immigrations and Customs Enforcement arrested two individuals …

Full content: This edition of International People Moves details CUO appointments at SCOR and Hamilton Re. A summary of these new hires follows here. SCOR Names Swiss Re’s Forgeron as P&C Chief Underwriting Officer SCOR announced that Laure Forgeron has been appointed …

Full content: Registration is now open for the Florida Office of Insurance Regulation’s Insurance Summit, set for April 15-16 in Tallahassee. Insurance Commissioner Mike Yaworsky said the registration closes March 30 for the conference that will include a number of state regulators, …