Title insurer Fidelity National Financial (FNF) said about 1.3 million customers have been impacted by a cyberattack it suffered last November. According to a filing with the U.S. Securities and Exchange Commission, FNF became aware of a cybersecurity incident on …
The U.S. Department of Labor on Jan. 9 issued a final rule, more than a year in the making, on the definition of an independent contractor. First proposed in October 2022, the rule provides guidance to employers in determining if …
Auto insurers again in 2023 had a lot of trouble battling several headwinds preventing them from turning a profit. The topic was one of many in which readers of Insurance Journal kept a close eye. Other than the trials of …
Insurance trade organizations are always working for the industry so Insurance Journal asked them: What are the top priorities and/or challenges heading into 2024? Here are the responses we received: In the coming year, the American Property Casualty Insurance Association …
Aon plc this morning said it has a $13.4 billion deal in place to purchase broker NFP to expand its middle-market segment. The purchase price will be funded by $7 billion in cash and $6.4 billion of Aon stock. Closing …
Comcast’s Xfinity has started notifying customers of a data breach that may have revealed information of nearly 36 million people, . Xfinity, Comcast’s brand for broadband, video and phone services, said in a notice that a routine cybersecurity exercise on …
Progressive Corp. has achieved its combined ratio goal of 96, according to its release of November and year-to-date results. On Friday, Progressive said November net income was $680.6 million and its combined ratio for the month was 91.1. Year-to-date net …
Think cyber events don’t have long tail? Consider this: Home Depot is still in a legal battle to get $50 million in coverage from two insurers nearly a decade after hackers used point-of-sale machines to hack the retailer. In a …
While everyone may be talking about potential risks associated with generative artificial intelligence, a new directors & officers report from Allianz highlights a range of current concerns associated with environmental, social, and governance issues. Agree or not with the premise …
The U.S. personal lines insurance industry faces too many daunting challenges, leading AM Best to maintain its negative outlook. The outlook for personal lines was changed to negative in September 2022 – at first due in large part to the …
