US Insurers Hit Hardest by Inflation: Triple-I Study June 16, 2023 US insurers have paid more than their counterparts worldwide to repair and rebuild damaged properties and vehicles due to inflation...
US Agencies Hit in MOVEit Hacking Campaign as Victim List Grows June 16, 2023 By Ryan Gallagher and Katrina Manson Multiple US agencies were compromised by a hacking campaign in which attackers have exploited flaws in a popular software tool...
Study Blames Climate Change for Summer Wildfire Rise in California June 15, 2023 By Don Jergler A study out this week shows that nearly all of the observed increase in summer wildfires in California over the...
US P/C Records $8.2 Billion Underwriting Loss in Q1: AM Best June 15, 2023 A rise in first quarter losses in the homeowners insurance line of business primarily put U.S. property/casualty underwriting results in...
‘Lockbit’ Digital Gang Named Top Ransomware Threat by US, 6 Other Nations June 15, 2023 By Raphael Satter The United States and six other countries on Wednesday identified the digital extortion gang operating under the “Lockbit” banner as...
Allstate Announces May Catastrophe Losses, Auto Rate Hikes June 15, 2023 Allstate Corp. today released estimated catastrophe losses for the month of May of $885 million or $699 million, after-tax. There...
Opera Workers’ Ruling Offers Path for Uber, Lyft Drivers to Unionize June 15, 2023 By Josh Eidelson A US labor board ruling on Tuesday laid the groundwork for drivers from Uber Technologies Inc. and Lyft Inc. and...
US Beefs Up Campaign for Accurate Animal Welfare Claims on Meat, Poultry Packaging June 15, 2023 By Dee-Ann Durbin The U.S. Department of Agriculture said Wednesday it hopes to weed out false or misleading animal-welfare claims on meat and...
Twitter Sued by Music Firms Over Violating Copyrights, At Up to $150,000 a Work June 15, 2023 By Lucas Shaw The National Music Publishers’ Association sued Twitter Inc. Wednesday, alleging it violates the copyright of songwriters by using their music...
SEC to Weigh New Artificial-Intelligence Rules for Brokerages June 15, 2023 By Lydia Beyoud Wall Street’s main regulator is moving to introduce new rules for brokerages using artificial intelligence to interact with clients. The...