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...
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...