Report: More Founders Talking Cyber Protection With Stakeholders October 24, 2023 By Allen Laman Compared to last year, more than twice as many startup founders reported talking to their investors and boards about cyber...
Viewpoint: Get Ready Now for the Soft Market (Because It’s Coming) October 24, 2023 By Tony Buckle and John Carolin Executive summary: Tony Buckle and John Carolin, co-founders of the boutique insurance consultancy UWX, analyze underwriter motivation during the soft...
Q3 Net Income Up 45.7% at W.R. Berkley as it Handles Unabated ‘Burn’ of Social Inflation October 24, 2023 By Chad Hemenway Third quarter net income at W.R. Berkley Corp. increased nearly 46% compared to the same period last year to about...
American Family Shuts Down Some Systems to Investigate ‘Unusual Activity’ October 23, 2023 By Chad Hemenway American Family Insurance shut down “several business systems” after the insurer said it “detected unusual activity in a portion of...
Report: Young Driver Fatality Rates in the US Have Fallen Sharply October 23, 2023 Crash and fatality rates among drivers under 21 have fallen dramatically in the U.S. during the past 20 years, a...
US Justice Department Issues Subpoenas to Tesla in Ongoing Probes October 23, 2023 By David Shepardson The U.S. Justice Department has sought documents and issued subpoenas to Tesla as it scrutinizes the automaker’s driver assistance system...
Report: ‘Climate-Exacerbated Wildfires’ Cost U.S. $394B-$893B Each Year October 23, 2023 By Don Jergler “Climate-exacerbated wildfires” cost the nation $394 billion to $893 billion each year in economic costs and damages, according to a...
Companies Grapple With the Fallout of Speaking Up About the Israel-Hamas War October 23, 2023 By Alexandra Olson, Anne D'Innocenzio and Haleluya Hadero Starbucks accused a union representing thousands of its baristas of damaging the brand and endangering co-workers with a pro-Palestinian tweet....
Inflation, Commercial Real Estate Among Top Financial Stability Concerns October 23, 2023 By Pete Schroeder The chance for persistent inflation to keep interest rates higher and potential losses in the commercial real estate market are...
Software Firm Okta Discloses Cyber Breach October 23, 2023 Okta on Oct. 20 disclosed a breach of its customer support system that allowed some hackers to view files uploaded...