Business Owners Seek Increased Insurance Protection Amid Mounting Risks: Gallagher August 9, 2023 An overwhelming number of business owners in the United States are looking to expand their insurance coverage amid risks ranging...
Attacks at Medical Centers Show Why Health Care Is One of the Most Violent Fields August 9, 2023 By Rebecca Boone Word spread through an Oregon hospital last month that a visitor was causing trouble in the maternity ward, and nurses...
Google Fails to End $5B Consumer Privacy Lawsuit August 8, 2023 By Jonathan Stempel A U.S. judge rejected Google’s bid to dismiss a lawsuit claiming it invaded the privacy of millions of people by...
Kemper Exits Preferred Home and Auto Business Immediately August 8, 2023 By Chad Hemenway As it reported a net loss in the second quarter of about $97 million, Kemper Corp. said Monday that it...
Inflation, Catastrophe Losses Lead P&C Underwriting Loss in 2023 August 8, 2023 The overall property/casualty industry is expected to finish 2023 with a net combined ratio of 102.2, according to a recent...
MOVEit Cyber Hack Spawned Around 600 Breaches but Isn’t Done Yet August 8, 2023 By Raphael Satter and Zeba Siddiqui A hydra-headed breach centered on a single American software maker has compromised data at about 600 organizations worldwide, according to...
US Insurers Invested in Fossil Fuels as Climate Risks to Underwriting Mount August 8, 2023 By Isla Binnie U.S.-based insurers have invested hundreds of billions of dollars in fossil fuel-related assets which in turn contribute to the risk...
Average Cost of a Data Breach Has Reached an All-Time High: IBM Report August 8, 2023 By Jahna Jacobson According to IBM’s Cost of a Data Breach report, 2023 set an all-time high record with the global average data...
Trucking Firm Yellow Files for Bankruptcy, Blasts Teamsters August 8, 2023 By Abhijith Ganapavaram Some 30,000 workers at Yellow Corp were looking for jobs on Monday after the major trucking company filed for Chapter...
More Big Corporate Settlements Coming, Says Departing Justice Dept Official August 7, 2023 By Sarah N. Lynch As Kenneth Polite steps down this month as the head of the U.S. Department of Justice’s Criminal Division, he will...