Paramount Global Settles Shareholder Suit for $122.5 Million March 6, 2023 By Jef Feeley Paramount Global settled an investor lawsuit tied to the controversial 2019 merger of CBS Corp. and Viacom Inc. that created...
Justice Dept Wants Execs to Foot Bill for Corporate Misconduct March 6, 2023 By Chris Prentice and Karen Freifeld The U.S. Justice Department is rolling out a new policy aimed at pushing the cost of corporate crime into the...
Harford Mutual Insurance Group Announces Merger Plan with ClearPath Mutual March 3, 2023 Harford Mutual Insurance Group, a commercial P/C insurance company, announced its plan to merge with ClearPath Mutual Insurance Company, a...
Ford Recalls 98,500 Ranger Trucks Over Replacement Air Bag Inflators March 3, 2023 By David Shepardson Ford Motor Co. said it is recalling 98,500 older Ranger pickup trucks in the United States because replacement front passenger...
U.S. Marshals Computer System Hit by Ransomware Attack March 3, 2023 By Lindsay Whitehurst In a major breach of a U.S. Marshals Service computer system this month with ransomware, hackers stole sensitive and personally...
EEOC Sues Exxon for Discrimination After Nooses Found at Plant March 3, 2023 Exxon Mobil Corp. was sued for racial discrimination by a U.S. federal agency on Thursday, with charges alleging that the...
PLUS Panelists Warn Insurers Not to Get Comfortable Riding the Cyber Rollercoaster March 3, 2023 By Elizabeth Blosfield Jeremy Gittler, practice leader and head of Cyber Americas at AXA XL, thinks of the cyber insurance industry as a...
SoCal Storms, Back-to-Back Hurricanes in South Central Part of New Normal? March 2, 2023 By Don Jergler A new AM Best commentary on the latest winter storm to hit Southern California drives home the growing risk and...
White House Releases New National Cybersecurity Strategy March 2, 2023 The White House announced a new national cybersecurity strategy meant to make the digital ecosystem more resilient, including a more...
People Moves: AXA XL Adds to U.S. Mid-Market Team; Leftwich Joins Zurich to Grow ESG Services; Mace Joins Lockton Affinity March 2, 2023 AXA XL Adds to U.S. Mid-Market Team AXA XL Insurance continues to build out its U.S. Mid-Market business with the...