Capital One Financial Corp.’s assurances that a major data breach would have a limited impact on customers or profit failed to convince investors on Tuesday, with the bank’s shares closing down 5.9%. Capital One said the prior day that 106 …
Two key committees in the U.S. Congress on Tuesday said they will revive efforts to pass long-stalled legislation to speed the adoption of self-driving cars. The House Energy and Commerce Committee and Senate Commerce Committee sent automakers, safety groups and …
The Vermont Agency of Natural Resources says it has notified public drinking water system operators to start testing for a class of potentially toxic chemicals. It said that the move is part of an expanded effort to identify sources of …
The acquisition of California-based Four Twenty Seven, Inc., by Moody’s Corporation could signify the beginning of a major shift in how markets price risks related to climate change. Up until now, these risks largely have been absent from investors’ models, …
The Florida Cabinet fired the state’s top banking regulator last week, a week after the release of a state investigator’s report asserting that the official misused his public office and subjected women to sexual harassment. The firing of Financial Regulation …
A federal judge has thrown out a Kentucky teen’s lawsuit accusing the Washington Post of falsely labeling him a racist following an encounter with a Native American man at the Lincoln Memorial. Nicholas Sandmann, a student at Covington Catholic High …
There’s been a barrage of insurtech products hitting the market for several years now, creating confusion for some agency owners trying to decipher what is relevant to them, how to implement these products and whether to wait for new agency …
Insuretech service provider Epoq Legal has rolled out a new service designed for small- to medium-sized enterprises as either an optional or mandatory product sold alongside insurance and financial services products. The product was designed to help SMEs become more …
The heating and air conditioning in Carrie Johnson’s home – damaged by Hurricane Matthew in 2016 – still wasn’t fixed when Hurricane Florence flooded her house last September. Now, her home of over 50 years is gutted, the flooring and …
The board of the California Self-Insurers’ Security Fund has approved the 2019/20 Alternative Security Program. The ASP provides a financial backstop to replace security deposits required to collateralize self-insured workers’ compensation liabilities. It reportedly has freed $6.6 billion in working …
