Angry, defiant and sometimes tearful, more than two dozen Americans whose lives were upended by the opioid crisis finally had their long-awaited chance Thursday to confront in court some members of the family they blame for fueling it. They were …
Companies critical to U.S. national interests will now have to report when they’re hacked or they pay ransomware, according to new rules approved by Congress. The rules are part of a broader effort by the Biden administration and Congress to …
Former Miami Dolphins coach Brian Flores says the team is trying to push the National Football League to have his racial discrimination claims heard out of court. Flores, who is Black, sued the NFL, the Dolphins, the New York Giants …
State Farm said Thursday that metal thieves in search of platinum, rhodium and palladium are stealing catalytic converters in ever-greater numbers, sending auto-insurance claims soaring across the U.S. Last year, State Farm paid $62.6 million for 32,265 catalytic converter theft …
A Ukrainian man charged last year with conducting one of the most severe ransomware attacks against U.S. targets has been extradited to the United States and made a court appearance on Wednesday, the U.S. Justice Department said. According to an …
At the end of an interview with the founder of Quantiv Risk, an insurtech that helps carriers make sense of performance data from vehicles with advanced driver assistance systems, Carrier Management posed a big picture question: Who owns the data—the …
The judge overseeing Purdue Pharma’s bankruptcy on Wednesday approved a $6 billion opioid settlement funded by its Sackler family owners, overruling objections from the Department of Justice and 20 states that opposed the deal. Under the settlement, the Sacklers would …
Tesla and other car makers represent a growing threat to incumbent auto insurers, even though they have little direct impact on the insurance market today, Moody’s Investors Services said. In a report titled, “Tesla’s insurance venture puts incumbents under added …
Marsh McLennan, the world’s largest insurance broker, said on Thursday it would exit all of its businesses in Russia, while its rival Aon suspended operations in the country. “We intend to transfer ownership of our Russian businesses to local management …
Almost extinct are the days when only men sat on U.S. corporate boards. But the speed at which boards have brought more women to the table has slowed, and it’s likely to be a decade before boards are evenly split …
