Oracle Women Fought 7 Years for Equity, Only to Win an Extra Paycheck or Two February 15, 2024 By Ethan M Steinberg Oracle Corp. female employees who fought the company in court for almost seven years over gender-pay equity reached a $25...
Casualty Reinsurance Renewals See Modest Price Hikes Despite Social Inflation: AM Best February 15, 2024 By L.S. Howard Reinsurers in general maintained adequate capacity for casualty programs, despite concerns about social inflation and some recent reserve strengthening actions,...
Tinder, Other Match Dating Apps Encourage Compulsive Use, Lawsuit Claims February 15, 2024 By Jonathan Stempel Match Group was sued on Wednesday in a proposed class action claiming that its dating apps Tinder, Hinge and The...
Regulators to Review Power System Performance During Recent Winter Storms February 15, 2024 U.S. energy regulators have launched a review of the performance of the bulk power system during recent winter storms in...
Microsoft Says it Caught Hackers From China, Russia and Iran Using its AI Tools February 15, 2024 By Raphael Satter State-backed hackers from Russia, China, and Iran have been using tools from Microsoft-backed OpenAI to hone their skills and trick...
Lingering Inflation Risks Keep Fed Officials in Wait-and-See Mode on Rate Cuts February 14, 2024 By Craig Torres The Federal Reserve entered 2024 within spitting distance of its inflation goal. But that’s not quite close enough for policymakers....
Markets/Coverages: Marsh’s D&O Facility Provides Up to $75M of Capacity February 14, 2024 Insurance broker Marsh announced that its D&O Echo facility is now offering clients with enhanced directors and officers insurance protection,...
Continued Growth for Surplus Lines in 2023 as Premiums Up 14.6% February 14, 2024 By Chad Hemenway The excess and surplus lines market continued to grow in 2023, with premium reaching nearly $73 billion according to data...
US Seeks More Than $1 Billion From Collapsed SVB for Taxes February 14, 2024 By Sabrina Willmer The US Internal Revenue Service is seeking to recover about $1.4 billion in taxes it claims are owed by Silicon...
Prudential Reports Unauthorized Access to Its Computer Systems February 14, 2024 By Chad Hemenway Prudential Financial has disclosed a hacker gained unauthorized access to its systems earlier this month. In a Feb. 13 filing...