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Lengthy Government Shutdown to Impact Insurers, Says AM Best

Unless Congress reaches a compromise on funding by midnight, there will be no budget and the government will shut down—sending out waves of implications that will disrupt the insurance industry, according to AM Best. “The potential government shutdown coincides with … Source: Claims Journal

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Ford’s CEO Sees Trump Policies Cutting US EV Market in Half

Ford Motor Co.’s leader warned of a bleak outlook for electric vehicles as President Donald Trump’s policies breathe new life into gas-powered cars. The elimination of a $7,500 consumer tax credit and softening of emissions rules will sharply curtail EV … Source: Claims Journal

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Chinese Hackers Breach Foreign Ministers’ Email Servers

Suspected Chinese hackers have breached email servers of foreign ministers as part of a years-long effort targeting the communications of diplomats around the world, according to researchers at the cybersecurity firm Palo Alto Networks Inc. Attackers accessed Microsoft Exchange email … Source: Claims Journal

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