Chubb’s Greenberg: Start Questioning the Societal Benefits of Litigation Funding May 4, 2023 By Chad Hemenway Chubb CEO Evan Greenberg said society and the business community need to start asking questions regarding the purpose of third-party...
Attacks on Delivery Drivers Raise Safety Concerns Among Gig Workers May 4, 2023 By Alexandra Olson and Wyatte Grantham-Philips A homeowner fired shots at a couple’s car when they mistakenly turned onto his property while making an Instacart delivery....
Meta Faces Stiff Privacy Review as FTC Claims New Violations May 4, 2023 By Leah Nylen Meta Platforms Inc. was accused by the Federal Trade Commission of repeatedly violating privacy promises it made to US regulators...
Judge Says No Class Action Against Peloton Over Fitness Class Availability May 4, 2023 By Jonathan Stempel A U.S. judge has refused to let Peloton Interactive Inc customers pursue a class action accusing the bike and treadmill...
Allstate Posts Loss With ‘Exceptionally’ High Catastrophe Costs May 4, 2023 By Sally Bakewell Allstate Corp. posted a bigger first-quarter loss than analysts expected as higher premiums failed to offset rising auto costs and...
Progressive Falls Short of Goal in Q1 May 3, 2023 By Allen Laman Despite posting a year-over-year net income increase of 45%, Progressive Corp. shared first quarter financial results on Tuesday that showed...
People Moves: Lockton Promotes 5 Key Leaders Into Global Roles; CFC Appoints Marino as Distribution Leader, USA May 3, 2023 This edition of People Moves details appointments at the broker Lockton and the managing general agent CFC Underwriting. A summary...
ChatGPT-Related Malware Is on the Rise, Meta Says May 3, 2023 By Katie Paul Facebook owner Meta said on Wednesday it had uncovered malware purveyors leveraging public interest in ChatGPT to lure users into...
American Financial Group to Acquire Crop Risk Services From AIG for $240M May 3, 2023 American Financial Group Inc. and American International Group announced they have entered into a definitive agreement whereby AFG will purchase...
D&O Prices Plummeting: Record-Level Q1 Drop for Decade May 3, 2023 The year-over-year decline in D&O insurance prices for the first quarter of 2023 is greater than any prior drop over...