Hartford Q1 Income Up 41% on Commercial Lines as Auto Results Improve April 29, 2024 By Chad Hemenway The Hartford CEO Christopher Swift told analysts late last week that the insurer’s first quarter results included “progress toward restoring...
Supreme Court Won’t Hear Elon Musk Dispute Over SEC Settlement April 29, 2024 By John Kruzel The U.S. Supreme Court declined on Monday to hear Elon Musk’s bid to throw out part of a securities fraud...
Markets/Coverages: Marsh Expands Cyber Facility ECHO, Offering Up to $125M of Excess Insurance Capacity April 29, 2024 Marsh, the insurance brokerage business of Marsh McLennan, announced an additional $25 million layer of capacity to its existing $100...
Tests Show Pasteurized Milk Safe as Bird Flu Spreads April 29, 2024 By Julie Steenhuysen and Tom Polansek Additional tests of milk showed that pasteurization killed the bird flu virus, federal health officials said on Friday, as Colorado...
30% of Business Leaders Say Global Political Risk Is Their Biggest Threat April 29, 2024 By Jahna Jacobson Sixty-five percent of North American business leaders fear this election year will impact their ability to trade internationally, with 32%...
US Probes Tesla Recall of 2 Million Vehicles Over Autopilot, Citing Concerns April 26, 2024 By David Shepardson U.S. auto safety regulators said Friday they have opened an investigation into whether Tesla’s recall of more than 2 million...
Ban on Worker Noncompetes Faces Uphill Legal Battle April 26, 2024 By Daniel Wiessner The U.S. Federal Trade Commission’s ban on “noncompete” agreements commonly signed by workers is likely vulnerable to legal challenges, experts...
Report: Cybercrime ‘A Thriving Business’ as US Claims Frequency Rises April 26, 2024 By Nehemiah Balaoroin Cyber claims frequency in the U.S. rose 13% last year, a new report shows. According to Coalition’s 2024 Cyber Claims...
US Revives Net Neutrality to Establish Authority Over Internet April 26, 2024 By Todd Shields US regulators reinstated net neutrality rules that aim to ensure everything on the internet is equally accessible, reclaiming authority over...
Lockton Re: Hypothetical Cyber Event Offers Carriers an Opportunity to Review Risks April 26, 2024 A simulated cyber catastrophe highlights the benefits and problems cyber insurance carriers will encounter as a result, according to a...