Job Cuts, Fleeing Investors: How Anti-DEI Lawsuits Take a Toll on Targets March 1, 2024 By Kelsey Butler Elizabeth Gore is fighting for survival. Just six months ago, the founder of financial technology startup Hello Alice was getting...
Drugmaker Endo Reaches $465M Bankruptcy Settlement With US March 1, 2024 By Dietrich Knauth Bankrupt drugmaker Endo International will pay up to $465 million to settle the federal government’s law enforcement, tax, and healthcare...
UnitedHealth Says ‘Blackcat’ Group Behind Recent Hack March 1, 2024 UnitedHealth Group said on Thursday the recent cyberattack at its tech unit, Change Healthcare, was perpetrated by hackers who identified...
Lemonade CEO Calls 2023 ‘The Year When the Plan Came Together’ February 29, 2024 By Chad Hemenway Insurtech Lemonade reported a fourth quarter 2023 net loss of $42.4 million and a net loss of about $237 million...
Destination Progressive… or One of These Other Carriers February 29, 2024 By Susanne Sclafane Commissions are more certain than insurance losses. Those were not exactly the words that a Progressive executive used when he...
Profit Recovery Will Vary Among U.S. Personal Auto Carriers: Fitch February 29, 2024 Fitch Ratings said it expects underwriting results for U.S. personal auto insurer to continue to improve this year but the...
Lawsuit by Elon Musk’s X Against Hate Speech Watchdog Heads to Court February 29, 2024 By Jonathan Stempel A U.S. judge on Thursday will consider whether to dismiss X Corp’s lawsuit against a nonprofit that has criticized a...
Insurance Journal’s Jergler Named Editor of Claims Journal February 29, 2024 Claims Journal, a Wells Media Company, has named Don Jergler as editor. He succeeds Jim Sams who retired in January....
UnitedHealth Faces Antitrust Probe by US Justice Department February 29, 2024 By John Tozzi, Chris Strohm and Leah Nylen The US Department of Justice has initiated an antitrust investigation into UnitedHealth Group Inc., people familiar with the matter said...
UnitedHealth Hackers Say They Stole ‘Millions’ of Records, Then Delete Statement February 29, 2024 By Raphael Satter In a message posted to, and then quickly deleted from their darknet site, the hackers blamed for striking the UnitedHealth...