Cyber Resilience Overestimation Leads to Business Continuity Issues, Ransom Payments August 22, 2024 New research commissioned by Cohesity, an AI-powered data security firm, reveals organizations overestimate their cyber resilience capabilities and maturity, leading...
Markets/Coverages: Hanover Enhances Work Safe Program; Berkley Adds AttorneyShield; Encore Fiduciary Moves Into Management Liability August 22, 2024 The Hanover Enhances Its Holistic Work Safe Program The Hanover. Insurance Group has expanded its Hanover Work Safe, a group...
GM’s Cruise Recalls Nearly 1,200 Robotaxis to Close US Probe August 22, 2024 By David Shepardson and Akash Sriram General Motors’ GM.N Cruise unit has agreed to recall nearly 1,200 robotaxis over hard braking issues, the U.S. auto safety...
Insurance Technology: Aon Tool Analyzes and Quantifies Potential D&O Losses August 22, 2024 Corporate risk managers looking to gauge the likelihood that their directors and officers will be sued and how much that...
RAND Study Eyes Impact of Legal System Abuse and Social Inflation August 22, 2024 A study from RAND found that rising litigation rates, trial awards and claim severity are consistent with the expected effects...
Musk’s Ban on Remote Work at X Beats Disability Bias Claim for Now August 22, 2024 By Daniel Wiessner A federal judge in California on Wednesday dismissed a lawsuit accusing social media platform X of forcing out workers with...
Kroger Seeks to Block FTC Case Against Albertsons Acquisition August 21, 2024 By Emily Birnbaum Kroger Co. is seeking to block the Federal Trade Commission’s in-house case against its proposed purchase of rival grocer Albertsons...
Wall Street Regulator Approves Tougher Rules for Accounting ‘Negligence’ August 21, 2024 By Douglas Gillison Wall Street’s top regulator on Tuesday voted 3-2 to bless new rules making it easier for an audit watchdog to...
US Firms Warn Against ‘Unprecedented’ Hong Kong Cyber Rules August 21, 2024 By Newley Purnell US firms have warned that parts of a proposed cyber law could grant the Hong Kong government unusual access to...
Puerto Rico Insurers to Absorb Hurricane Ernesto Losses: AM Best August 21, 2024 Losses in Puerto Rico from Hurricane Ernesto are expected to be absorbed by the island’s domiciled insurers, according to industry...