Progressive Easing Up on Rate Hikes; Flo Coming Back to a State Near You November 3, 2022 By Susanne Sclafane Progressive’s Flo won’t reappear on TV screens in every state, but the insurer she pitches for is comfortable pursuing business...
Insuring Cannabis Summit: Industry Deserves Lower Rates and More Capacity November 3, 2022 By Don Jergler Improved and more sophisticated risk management in the cannabis industry warrant reduced insurance costs and more capacity, says the head...
NSA Watchdog Concluded One Analyst’s Surveillance Project Went Too Far November 3, 2022 By Katrina Manson, William Turton and Jason Leopold An “experienced” analyst working at the National Security Agency developed a surveillance project about a decade ago that resulted in...
Allstate Q3 Net Income in the Red; Continues Efforts to ‘Restore Property-Liability Margins’ November 3, 2022 By Chad Hemenway Allstate Corp. said it recorded a third quarter net loss applicable to common shareholders of $694 million compared to net...
Update: FEMA Flood Maps are Misleading, Blocking Insurance Uptake, Report Shows November 3, 2022 By William Rabb This article was updated Nov. 6, 2022 to include more information from FEMA and Neptune Flood Insurance. Researchers at North...
CNA Records 50% Drop in Q3 Net Income November 2, 2022 Net income at CNA Financial Corp. was down 50% for third quarter of 2022 compared to the prior year quarter,...
FedEx Will Appeal $366 Million Jury Award in Worker’s Racial Bias Case November 2, 2022 FedEx Corp. said it will challenge what may be the largest-ever jury verdict won by a worker suing over racial...
More Recalls Announced – For Cars, Chicken and Medications November 2, 2022 U.S. and international companies have issued more recalls, for food, medicine, cleaning products and automobiles – and more recalls could...
U.S. Banks Spent $1B on Ransomware Payments in 2021: Treasury Department November 2, 2022 By Jack Gillum US financial institutions spent nearly $1.2 billion on likely ransomware-related payments last year, most commonly in response to breaches originating...
CVS, Walgreens and Walmart to Pay $13.8B to Settle U.S. Opioid Claims: Sources November 2, 2022 By Brendan Pierson CVS Health Corp, Walgreens Boots Alliance Inc. and Walmart Inc. have tentatively agreed to pay about $13.8 billion to resolve...