5 Brokers Report Strong Revenues During Q3 as Favorable Market Climate Continues October 30, 2023 By L.S. Howard Five publicly traded insurance brokers reported strong third quarter revenues, with their executives using adjectives such as “outstanding,” “terrific,” “excellent,”...
US Probes GM’s Cruise Robocars Over Pedestrian Close Calls October 30, 2023 By Greg Bensinger General Motors’ autonomous vehicle unit, Cruise, is facing multiple federal investigations over its cars’ safety, including two incidents where the...
Biden Signs Sweeping Executive Order Regulating Artificial Intelligence October 30, 2023 By Courtney Rozen and Akayla Gardner President Joe Biden is directing the US government to take a sweeping approach to artificial intelligence regulation, his most significant...
CNA Returns to Black in Q3 With Net Income of $258 Million October 30, 2023 CNA Financial reversed a third quarter loss of $42 million in 2022 with net income of $258 million this year...
Insurtech Hippo Lays Off 20% of Employees October 30, 2023 By Chad Hemenway Insurtech Hippo Holdings said it has “initiated an organizational realignment” by laying off about 120 employees, or 20% of its...
Boeing Assessing Lockbit Hacking Gang Threat of Sensitive Data Leak October 30, 2023 By Zeba Siddiqui Boeing Co said on Oct. 27 that it was assessing a claim made by the Lockbit cybercrime gang that it...
Companies May Be Employers of Contract, Franchise Workers Under US Labor Rule October 30, 2023 By Daniel Wiessner and Nate Raymond A U.S. labor board on Oct. 26 issued a final rule making it easier for workers and unions to hold...
Bayer Ordered to Pay $175 Million in Latest Roundup Cancer Trial October 30, 2023 By Brendan Pierson A Philadelphia jury on Friday found Bayer AG liable in a case brought by a retired restaurant owner who claimed...
Bankman-Fried Acknowledges ‘Mistakes’ But Testifies He Did Not Defraud Anyone October 27, 2023 By Jody Godoy and Luc Cohen Sam Bankman-Fried, testifying in his own defense at his fraud trial on Friday, acknowledged that a “lot of people got...
The Hartford Q3 Income Jumps 93% on Commercial Lines Results October 27, 2023 The Hartford reported a 93% increase in third quarter net income to $645 million driven by results in its commercial...