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...
Liberty Mutual Announces 850 Additional Layoffs October 27, 2023 By Andrew G. Simpson Boston-based global insurer Liberty Mutual has confirmed that it is laying off about 850 workers, or 2% of its workforce,...
Markets/Coverages: Liberty Launches National Private Client Practice Group October 27, 2023 The Liberty Company Insurance Brokers announced its National Private Client Practice Group, spearheaded by Liberty Partner Steve Rivera. With over...
IICF Celebrates Week of Giving October 27, 2023 The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to helping communities and enriching lives, hosted the annual IICF...