AM Best Tweaks State Farm Outlook to Negative After Weather, Regulatory Issues September 25, 2023 By Insurance Journal Staff Reports The AM Best financial rating firm has downgraded its outlook for multiple State Farm insurance companies due to weather losses...
Spyware Hacking of Egyptian Oppo Leader Prompts Updates from Apple September 25, 2023 BOSTON (AP) — A leading Egyptian opposition politician was targeted with spyware after announcing a presidential bid, security researchers reported...
FTX Sues Sam Bankman-Fried’s Parents to Claw Back Funds September 22, 2023 The managers of bankrupt crypto exchange FTX sued the parents of co-founder and former Chief Executive Officer Sam Bankman-Fried to...
Viewpoint: Solving Systemic Risk Is the Cyber Market’s Number One Priority September 22, 2023 By James Burns The Grange Pub in Cardiff is a typical modern British tavern. A short stroll from the city centre, it’s busy...
Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet September 22, 2023 By Katrina Manson, Brody Ford and Ian King Cisco Systems Inc. agreed to buy Splunk Inc. in a deal valued at about $28 billion, representing its biggest acquisition...
T-Mobile Glitch Showed Customer Data to Wrong Account Holders September 22, 2023 By Scott Moritz Some T-Mobile US Inc. customers logged into their accounts Wednesday to a surprise: Another subscriber’s billing and account information was...
Next Insurance Offering Allows Agents to Customize Small Business Quotes September 22, 2023 Digital small business insurer Next Insurance announced a new offering it says will enable agents to fully customize coverage quotes...
As Complaints Against Pharmacists Rise So Does the Cost to Defend Them September 22, 2023 The cost to defend complaints against pharmacists to their State Board has increased more than 100% in the last decade,...
Allstate Records About $640M in August Cat Losses, Half From Maui Wildfire September 21, 2023 Allstate reported about $641 million in August catastrophe losses from 18 events, with about half coming from the Maui wildfire....
Openly Secures $100 Million in Series D Funding September 21, 2023 Insurtech homeowners insurer Openly said has raised $100 million in Series D funding, led by Eden Global Partners. There was...