Lawsuit Dismissed Over McDonald’s Board’s Severance Pay to Fired CEO March 2, 2023 By Tom Hals McDonald’s Corp’s board cannot be sued for allowing former CEO Steve Easterbrook to keep tens of millions of dollars when...
Call Me, Maybe? The Stealth Disappearance of Social Engineering and Fraudulent Instruction Coverage March 2, 2023 By Lynda A. Bennett and Richard F. "Trip" Connors III Anyone who owns a cellphone or uses an email address has received a communication from a scammer seeking to extract...
Ryan Specialty Posts 54% Jump in Q4 Net Income March 1, 2023 Ryan Specialty reported a 54.6% increase in fourth quarter net income to the same period the prior year, while revenue...
Exxon Broke Rules With Late Reporting of Methane Leak March 1, 2023 By Aaron Clark and Zachary Mider Exxon Mobil Corp. failed to initially report a release of the super-potent greenhouse gas methane in the Permian Basin that...
Architects & Engineers Insurers Seek More Rate Increases: Ames & Gough March 1, 2023 According to a new survey from specialty broker Ames & Gough, insurers of professional liability for architects and engineers are...
Drivers Killed One Pedestrian Every 75 Minutes in H1 2022 March 1, 2023 Drivers in the United States struck and killed 3,434 people in the first half of 2022 – up 5%, or...
State Farm P/C Businesses Report $13B Underwriting Loss March 1, 2023 Late last year, State Farm’s chief executive broke the news that the auto giant would record the largest underwriting loss...
Progressive CEO: Early Rate Actions Helped Growth February 28, 2023 Progressive Corp. posted full-year 2022 net income of $721.5 million, down about 78% from net income of $3.35 billion the...
Visa, Mastercard Pause Crypto Push in Wake of Industry Meltdown February 28, 2023 By Manya Saini U.S. payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after...
Murdoch Testified Fox News Hosts Endorsed Idea That Biden Stole Election February 28, 2023 By Helen Coster and Jack Queen Fox Corp. Chairman Rupert Murdoch acknowledged under oath that some Fox hosts “endorsed” the notion that the 2020 U.S. presidential...