Texas Anti-ESG Push Is Coming for Insurers and Pensions in New Bills March 6, 2023 By Shelly Hagan and Nic Querolo A Texas lawmaker is seeking to broaden the fight against ESG (environmental social governance) policies by imposing further limits on...
Tesla Recalls 3,470 Model Y Vehicles Over Loose Bolts March 6, 2023 By David Shepardson Tesla Inc TSLA.O said it is recalling 3,470 2022 through 2023 Model Y vehicles in the United States because bolts...
P/C Carriers Losing Ground to MGAs in Talent War March 6, 2023 By Susanne Sclafane During a webinar about an insurance industry labor market survey last month, an industry recruiter said that insurance carriers are...
Paramount Global Settles Shareholder Suit for $122.5 Million March 6, 2023 By Jef Feeley Paramount Global settled an investor lawsuit tied to the controversial 2019 merger of CBS Corp. and Viacom Inc. that created...
Justice Dept Wants Execs to Foot Bill for Corporate Misconduct March 6, 2023 By Chris Prentice and Karen Freifeld The U.S. Justice Department is rolling out a new policy aimed at pushing the cost of corporate crime into the...
Harford Mutual Insurance Group Announces Merger Plan with ClearPath Mutual March 3, 2023 Harford Mutual Insurance Group, a commercial P/C insurance company, announced its plan to merge with ClearPath Mutual Insurance Company, a...
Ford Recalls 98,500 Ranger Trucks Over Replacement Air Bag Inflators March 3, 2023 By David Shepardson Ford Motor Co. said it is recalling 98,500 older Ranger pickup trucks in the United States because replacement front passenger...
U.S. Marshals Computer System Hit by Ransomware Attack March 3, 2023 By Lindsay Whitehurst In a major breach of a U.S. Marshals Service computer system this month with ransomware, hackers stole sensitive and personally...
EEOC Sues Exxon for Discrimination After Nooses Found at Plant March 3, 2023 Exxon Mobil Corp. was sued for racial discrimination by a U.S. federal agency on Thursday, with charges alleging that the...
PLUS Panelists Warn Insurers Not to Get Comfortable Riding the Cyber Rollercoaster March 3, 2023 By Elizabeth Blosfield Jeremy Gittler, practice leader and head of Cyber Americas at AXA XL, thinks of the cyber insurance industry as a...