US P/C Records $8.2 Billion Underwriting Loss in Q1: AM Best June 15, 2023 A rise in first quarter losses in the homeowners insurance line of business primarily put U.S. property/casualty underwriting results in...
‘Lockbit’ Digital Gang Named Top Ransomware Threat by US, 6 Other Nations June 15, 2023 By Raphael Satter The United States and six other countries on Wednesday identified the digital extortion gang operating under the “Lockbit” banner as...
Allstate Announces May Catastrophe Losses, Auto Rate Hikes June 15, 2023 Allstate Corp. today released estimated catastrophe losses for the month of May of $885 million or $699 million, after-tax. There...
Opera Workers’ Ruling Offers Path for Uber, Lyft Drivers to Unionize June 15, 2023 By Josh Eidelson A US labor board ruling on Tuesday laid the groundwork for drivers from Uber Technologies Inc. and Lyft Inc. and...
US Beefs Up Campaign for Accurate Animal Welfare Claims on Meat, Poultry Packaging June 15, 2023 By Dee-Ann Durbin The U.S. Department of Agriculture said Wednesday it hopes to weed out false or misleading animal-welfare claims on meat and...
Twitter Sued by Music Firms Over Violating Copyrights, At Up to $150,000 a Work June 15, 2023 By Lucas Shaw The National Music Publishers’ Association sued Twitter Inc. Wednesday, alleging it violates the copyright of songwriters by using their music...
SEC to Weigh New Artificial-Intelligence Rules for Brokerages June 15, 2023 By Lydia Beyoud Wall Street’s main regulator is moving to introduce new rules for brokerages using artificial intelligence to interact with clients. The...
Bipartisan Bill Would End Section 230 Immunity for Generative AI June 15, 2023 By Katie Paul Two U.S. senators introduced legislation on Wednesday that would allow social media companies to be sued for spreading harmful material...
Trump CNN Remarks Allowed in E. Jean Carroll’s Expanded Defamation Suit June 14, 2023 By Joe Schneider he New York author who won a $5 million sexual abuse trial against Donald Trump was allowed to expand an...
People Moves: Guy Carpenter Expands Cyber Team June 14, 2023 Guy Carpenter has appointed Matthew McCabe as managing director of cyber broking, based in New York. McCabe rejoins Marsh McLennan...