Ransomware, Email Compromise Leading Causes of Cyber Loss: NetDiligence September 27, 2024 Cybersecurity claims reported in recent years vary sharply, with larger claims reaching $500 million of data loss and smaller claims...
Columbia Insurance to Transfer Personal Auto, Umbrella Books to Safeco September 26, 2024 By Ezra Amacher and Chad Hemenway Safeco Insurance, a Boston-based Liberty Mutual Insurance company, said it has entered into a book transfer agreement with Columbia Insurance...
Newsmax Settles Smartmatic Defamation Suit Over False Election Claims September 26, 2024 By Tom Hals Newsmax Media reached a confidential settlement of a lawsuit by Smartmatic, the voting machine maker that had alleged it was...
AI Being Used to Scam Small Business Owners, Says Nationwide Survey September 26, 2024 By Jahna Jacobson Just when employees have learned to ignore scammy texts and emails from the boss, along comes the next generation of...
FTC Crackdown on Companies Using AI Includes ‘Robot Lawyer,’ Content Generator September 26, 2024 By Chad Hemenway As its authority is routinely questioned, the Federal Trade Commission has filed complaints against five companies it said use artificial...
American Eagle Outfitters Sues Amazon for Infringing ‘Aerie’ Trademarks September 26, 2024 By Jonathan Stempel American Eagle Outfitters sued Amazon.com on Wednesday, accusing it of intentionally infringing the clothing and accessories retailer’s “Aerie” and “Offline...
Why US Home Insurance Rates Are Rising Fast – Climate Change Plays a Big Role September 26, 2024 By Andrew J. Hoffman Millions of Americans have been watching with growing alarm as their homeowners insurance premiums rise and their coverage shrinks. Nationwide,...
State Farm Posts Worst HO Loss Ratio Since 2011; Peers Recover: S&P September 26, 2024 State Farm was the only one of 10 major players in the homeowners insurance market reporting a worse second-quarter loss...
Shippers Scramble for Workarounds Ahead of Threatened Port Strike September 25, 2024 By Lisa Baertlein and Timothy Aeppel U.S. companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast,...
Cyber Hits All-Time High Concern for Business Leaders, Says Travelers Risk Index September 25, 2024 For the fourth time in six years, cyber risk ranked highest as a concern for business leaders. In fact, this...