Mission Accomplished: Allstate Announces Calif., NY, NJ Rate Approvals December 18, 2023 The departments of insurance in California, New York and New Jersey approved double-digit auto rate increases for Allstate in the...
McDonald’s Seeks Tighter Child-Labor Compliance by Franchisees December 18, 2023 By Daniela Sirtori McDonald’s Corp. will survey its US franchisees about their child-labor practices — a step toward tightening compliance following a series...
Alera Group: Personal Insurance Outlook ‘Discouraging’ December 18, 2023 Unprecedented industry losses and unprofitability in homeowners and auto insurance will significantly impact pricing and availability in 2024, especially in...
SEC Says No to New Crypto Rules; Coinbase Asks Court to Review December 18, 2023 By Chris Prentice and Michelle Price The U.S. Securities and Exchange Commission on Friday denied a petition by Coinbase Global seeking new rules from the agency...
Clorox, Boeing, MGM and More: Why Big Hacks Have Surged in 2023 December 18, 2023 By Jordan Robertson and Jessica Nix Widely disruptive, large-scale hacks are surging. After a lull in 2022, ransomware attacks on high-value targets such as big companies,...
Tesla Autopilot Recall Threatens Its Defense in Lawsuits Over Crashes December 15, 2023 By Malathi Nayak Tesla Inc.’s biggest vehicle recall ever threatens to hurt the company’s defense in several high-profile lawsuits it faces over crashes...
NHTSA Takes Step Toward Requiring New Vehicles to Prevent Impaired or Drunk Driving December 15, 2023 U.S. auto safety regulators say they have taken the first step toward requiring devices in vehicles that prevent drunk or...
Home Depot Appeals to Get Defense Costs From CGL Policies for 2014 Breach December 15, 2023 By Chad Hemenway Think cyber events don’t have long tail? Consider this: Home Depot is still in a legal battle to get $50...
US Regulators Add Artificial Intelligence to Potential Financial System Risks December 15, 2023 By Pete Schroeder Rapid adoption of artificial intelligence (AI) could create new risks for the U.S. financial system if the technology is not...
New Research Shows Renters Are Hit the Hardest When a Hurricane Strikes December 15, 2023 By Society for Risk Analysis Newswise — With a severe shortage of affordable housing in the United States, renters living along the East and Gulf...