AT&T Says Data From Around 109M Customer Accounts Illegally Downloaded July 12, 2024 By David Shepardson AT&T said Friday the company suffered a massive hacking incident as data from about 109 million customer accounts containing records...
Conning Study: MGA Market Still Growing July 12, 2024 A hard market combined with underwriting capacity from fronting companies allowed for robust growth in the MGA market in 2023,...
CBO Says Mortgage Subsidy Cost from Flood Damage to Hit $395M by 2053 July 12, 2024 By Don Jergler Climate change is expected to increase the frequency and severity of floods in the U.S., posing greater risks to homeowners...
People Moves: AXA XL Appoints Madigan CUO for Mid-Market Environmental; Edsall Joins Tara Hill as SVP July 12, 2024 AXA XL, headquartered in Stamford, Connecticut, appointed Joseph Madigan as chief underwriting officer for its North American environmental insurance business...
SpaceX Wins Block on Labor Board Case Over Severance Agreements July 12, 2024 By Daniel Wiessner A federal judge in Texas said on Wednesday he would block the National Labor Relations Board from pursuing claims that...
Honeywell Defeats Fired Engineer’s Appeal Over Diversity Training July 11, 2024 By Jonathan Stempel Honeywell did not violate workplace anti-discrimination laws by firing a white engineer who refused to participate in mandatory diversity, equity...
Regulators Fine Citi $136M for Failing to Fix Longstanding Data Issues July 11, 2024 By Michelle Price, Pete Schroeder and Tatiana Bautzer U.S. bank regulators fined Citigroup $136 million for making “insufficient progress” fixing data management issues identified in 2020 and required...
Damage From Hurricane Beryl May Cost Insurers $2.7B in US, $510M in Caribbean: KCC July 11, 2024 Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe...
Elon Musk Beats $500 Million Severance Lawsuit by Fired Twitter Workers July 11, 2024 By Jonathan Stempel Elon Musk won dismissal of a lawsuit claiming he refused to pay at least $500 million of severance to thousands...
Biden Administration Raises FEMA Bar for Flood Resilience July 11, 2024 By Leslie Kaufman The US Federal Emergency Management Agency (FEMA) has finalized a rule mandating that projects built using its funds not only...