SEC Probes Twitter Security Lapse Before Elon Musk Took Over October 12, 2023 By Sabrina Willmer and Jef Feeley The Securities and Exchange Commission is investigating how Twitter Inc. managed a 2018 security lapse that exposed personal user information...
Despite Lower Premium Volume, U.S. Title Insurers Continue to Post Solid Results October 12, 2023 The U.S. title insurance industry saw its volume of net premium written decline by 16.1% in 2022, to approximately $20.9...
Internet Companies Report Biggest-Ever Denial of Service Operation October 12, 2023 By Raphael Satter Internet companies Google, Amazon and Cloudflare say they have weathered the internet’s largest-known denial of service attack and are sounding...
AIG Makes Leadership Promotions for ‘Next Phase of Profitable Growth’ October 12, 2023 American International Group (AIG) on Oct. 11 announced three significant appointments within its executive leadership team. David McElroy, currently chief...
Q3 Commercial, Personal Rates Moderate: MarketScout October 11, 2023 Third quarter 2023 commercial insurance rates remained up, but about 3.7% compared to up about 5% during the second quarter....
23andMe Faces Class Action Lawsuit Following Data Breach October 11, 2023 By Chad Hemenway In a move that has come to be expected following most cyberattacks, two victims of the recent 23andMe data breach...
Use of Weather Derivatives Surges as Extreme Climate Events Rock the Globe October 11, 2023 By Harry Robertson Energy companies, hedge funds and commodity traders are stepping up their use of financial products that let them bet on...
Insurance Executives Paid Millions in Compensation as Rates Skyrocket: CFA Findings October 11, 2023 A new report from the Consumer Federation of America (CFA) says chief executives of insurance companies are “living high on...
Summit: Insuring Cannabis Specialists Talk Trends, Risks and Coverage Challenges October 11, 2023 By Allen Laman Unique vapes, infused cocktails and even personal hygiene items — the variety of new and emerging cannabis products is a...
75% of Small Businesses Are Underinsured, Says Hiscox Survey October 11, 2023 Small businesses may be growing their revenue, but the vast majority – 75% – are not adequately protecting themselves and...