Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet September 22, 2023 By Katrina Manson, Brody Ford and Ian King Cisco Systems Inc. agreed to buy Splunk Inc. in a deal valued at about $28 billion, representing its biggest acquisition...
T-Mobile Glitch Showed Customer Data to Wrong Account Holders September 22, 2023 By Scott Moritz Some T-Mobile US Inc. customers logged into their accounts Wednesday to a surprise: Another subscriber’s billing and account information was...
Next Insurance Offering Allows Agents to Customize Small Business Quotes September 22, 2023 Digital small business insurer Next Insurance announced a new offering it says will enable agents to fully customize coverage quotes...
As Complaints Against Pharmacists Rise So Does the Cost to Defend Them September 22, 2023 The cost to defend complaints against pharmacists to their State Board has increased more than 100% in the last decade,...
Allstate Records About $640M in August Cat Losses, Half From Maui Wildfire September 21, 2023 Allstate reported about $641 million in August catastrophe losses from 18 events, with about half coming from the Maui wildfire....
Openly Secures $100 Million in Series D Funding September 21, 2023 Insurtech homeowners insurer Openly said has raised $100 million in Series D funding, led by Eden Global Partners. There was...
Markets/Coverages: AmTrust Introduces Admitted Lawyers Professional Liability September 21, 2023 Global specialty P/C insurer AmTrust Financial Services introduced a new admitted lawyers professional liability policy from AmTrust PRO for mid-sized...
MGM Resorts Recovers From Cyberattack, but Still No Digital Room Keys September 21, 2023 MGM Resorts said on Wednesday its hotels and casinos were back to normal operations but it was working to resolve...
John Grisham, Other Top Authors Sue OpenAI Over Copyrights September 21, 2023 By Blake Brittain A trade group for U.S. authors has sued OpenAI in Manhattan federal court on behalf of prominent writers including John...
Berkshire Hathaway Energy Shows Unusual Risk Appetite in Wildfire Court Fight September 21, 2023 By Joel Rosenblatt Berkshire Hathaway Energy Co.’s PacifiCorp has been battered in an unprecedented court fight over the utility’s failure to prevent massive...