Down, Down, Down….AM Best P/C Downgrades Outpacing Upgrades October 17, 2023 The number of rated property/casualty personal lines insurers that had their credit ratings downgraded by AM Best more than doubled...
Viewpoint: Logic & Language, Forms & Facts – Revisiting Terrorism Issues October 17, 2023 By Bill Wilson “Yesterday was my son’s 12th birthday but he didn’t spend it unwrapping presents or gorging on ice cream and cake....
US Plans to Push Other Countries Not to Pay Hacker Ransoms October 17, 2023 By Katrina Manson The US is pushing a group of governments to publicly commit to not make ransom payments to hackers ahead of...
Kids Suing Social Media Over Addiction Find a Win Amid Losses October 16, 2023 By Joel Rosenblatt Minors and parents suing Meta Inc.’s Facebook and other technology giants for the kids’ social media platform addictions won an...
Progressive Q3 Earnings Skyrocket as Combined Ratio Gets Closer to Goal October 16, 2023 By Chad Hemenway Progressive Corp. posted significant improvement in third quarter earnings late last week – with net income of $1.12 billion compared...
Rite Aid Files for Bankruptcy Amid Rising Debt, Opioid Litigation October 16, 2023 By Abinaya V Debt-laden Rite Aid filed for bankruptcy protection on Sunday and said it would close underperforming stores, as the drugstore chain...
500K Vehicles Stolen in H1 2023; Dodge Chargers Top List October 16, 2023 Vehicle thefts continue to plague the nation, according to a new report released by the National Insurance Crime Bureau (NICB)....
Musk’s X Illegally Fired Worker Challenging Office Return; NLRB October 16, 2023 Elon Musk’s X illegally fired an employee in retaliation for her internet posts challenging its return-to-office policy, the U.S. labor...
Ford Recalls Over 238,000 Explorers to Replace Axle Bolts October 16, 2023 Ford is recalling more than 238,000 Explorers in the U.S. because a rear axle bolt can fail, potentially causing a...
Boardroom Clashes Most Likely Over Return-to-Office Policies October 13, 2023 By Matthew Boyle Nearly three out of four organizations said return-to-office policies could prompt boardroom battles, according to a new survey of US...