March 11, 2026

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Chubb Backing Trump’s $20 Billion Reinsurance Plan for Hormuz

The firm will underwrite and issue policies as part of the Trump administration’s initiative to offer maritime reinsurance. Other insurers could be announced in coming days.

Cyberattack Hits Stryker; Pro-Iran Group Claims Credit

A cyberattack against medical technology maker Stryker Corp. crippled the company’s global operations, according to a person familiar with the matter and a memo seen by Bloomberg News. A pro-Iranian digital activist group, Handala, has claimed credit for the incident, …

Toyota Recalling 550,000 Vehicles in US Over Seat-Back Defect

Toyota Motor Corp. is recalling 550,007 vehicles in the U.S. as a faulty seat-back mechanism may fail to lock, increasing the risk of injury, the U.S. National Highway Traffic Safety Administration said on Wednesday. Related: Ford Recalling 605,000 Vehicles in …

Record March Heat to Scorch Los Angeles, US Southwest

An unusually early heat wave is set to grip Los Angeles and much of the Southwest, putting California’s already fragile snowpack, and therefore its water supplies, at risk. Temperatures in downtown Los Angeles on Friday are forecast to reach 98F …

Federal Appeals Court Denies Workers’ Compensation Claim for Cannabis Edibles

A construction worker who was permanently disabled on the job has been denied workers’ compensation coverage for cannabis-infused edibles prescribed by his doctor. The Second Circuit Court of Appeals has upheld the denial on the grounds that marijuana’s classification as …

Sony Fighting $2.7 Billion UK Lawsuit Over PlayStation Store Prices

Sony is fighting a London lawsuit worth almost 2 billion pounds ($2.7 billion) that alleges the PlayStation maker’s “monopoly position” inflated prices for digital games, in the latest mass consumer case to go to trial in Britain. The Japanese conglomerate …

Bayer Takes Its Multi-Front Battle on Pesticide Liability to Kansas

Kansas lawmakers were set to take up a bill on Tuesday backed by Bayer that would prevent people from suing pesticide manufacturers for not warning them that their products could cause cancer or other illnesses, as the German company readies …

Air Pollution From Wildfires Linked to Higher Rate Of Stroke

Newswise — Short-term surges in air pollution in New Jersey from the 2023 Canadian wildfires were associated with a higher stroke rate and more serious strokes, according to a preliminary study released March 3, 2026, that will be presented at …

What Insurers Should Know About The Fragile Nature of The US Healthcare System

With advancements in healthcare resulting in people living longer, populations are growing older in larger numbers, putting additional strain on an already strained healthcare system. Existing nursing and doctor shortages, and the reclassification of some professional degrees, means we currently …