National News

Cybersecurity Firm SentinelOne Explores Sale

SentinelOne Inc., a cybersecurity company with a market value of about $5 billion, has been exploring options that could include a sale, according to people familiar with the matter. The Mountain View, California-based company became a takeover target after its …

Rail Whistleblowers Fired for Voicing Safety Concerns

Hours before a Norfolk Southern train derailed in Ohio and erupted in fire in February, a judge ruled a former railroad employee could proceed with a lawsuit claiming he had been harassed for years by managers who said he reported …

Tesla Data Breach Blamed on ‘Insider Wrongdoing’ Impacted 75,000

Tesla Inc.’s May data breach impacted more than 75,000 people, included employee-related records and was a result of “insider wrongdoing,” according to a notice posted by the office of the Maine Attorney General Friday. A total of 75,735 people were …

People Moves: Drogin Cyber Leader at Mosaic; Loney to Lead Specialty Casualty at DUAL North America

David Drogin will lead cyber business growth in the U.S. as Mosaic Insurance‘s senior vice president, head of U.S. cyber. He will report to Global Head of Cyber Yosha DeLong. Drogin will be responsible for leading operational and growth strategy …

NAIC to Ask for Data to Better Understand Property-Market Availability, Affordability

The National Association of Insurance Commissioners said at its Summer National Meeting that it plans to collect data from insurers in order to help insurance regulators better understand property markets, especially when it comes to availability affordability. “The increasing frequency …

US Insurance Giant Marsh Set for $448 Million Honan Deal

Marsh has agreed to acquire Honan Insurance Group Pty Ltd. as the US insurance broker giant seeks to expand its presence in Australia and New Zealand. The Marsh & McLennan Cos Inc. unit has signed a deal to buy out …

Private Flood Insurers See Opportunity as NFIP Increases Rates

While the National Flood Insurance Program (NFIP) rolls out a new rating program generating premium increases for many policyholders, the private flood insurance market has seized the opportunity to grow its market share across the U.S., according to an issues …

National Drunk Driving Fatalities Surge in 2021

The number of national drunk driving fatalities increased in 2021, according to a new report by online driver education platform Zutobi. In its analysis, Zutobi shared that 13,386 deaths were attributed to drunk driving in 2021, accounting for 31% of …

Maui Fire Lays Bare Utility Missteps Mirrored Across the Country

When flames ripped through the drought-parched town of Paradise in 2018, destroying homes and killing 85 in California’s deadliest-ever wildfire, it was a wake-up call to power companies across the country. Electric lines would ultimately be blamed for the blaze, …

Warren Buffett Gives $27M in Berkshire Hathaway Stock to an Unnamed Charity

Investor Warren Buffett has donated Berkshire Hathaway stock worth $27 million to an unnamed charity. Buffett disclosed the gift of 50 Class A shares of Berkshire stock in a filing with the Securities and Exchange Commission late Wednesday. This donation …

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