National News

Puerto Rico Power Outage Leaves Almost Entire Island in Dark

Nearly all of Puerto Rico was without power Tuesday after a widespread failure in the fragile electricity grid triggered an island-wide blackout. The outage began at 5:30 a.m., leaving about 1.3 million of Puerto Rico’s 1.4 million customers in the …

Fund Opposing DEI-Hiring Goals Targets Nike, Kraft and Autodesk

A new investment fund that plans to oppose corporate DEI hiring goals is taking aim at Nike Inc., Kraft Heinz Co. and Autodesk Inc. Azoria Partners’ fund says it will avoid S&P 500 companies with specific diversity, equity and inclusion …

A 9th Telecom Firm Hit by Massive Chinese Espionage Campaign, Says White House

A ninth U.S. telecoms firm has been confirmed to have been hacked as part of a sprawling Chinese espionage campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans, a top …

US Treasury Says It Was Breached by Chinese-Backed Hacker

The US Treasury Department was hacked by a Chinese state-sponsored actor through a third-party software service provider, according to a letter the agency sent to Congress on Monday. Treasury described the intrusion as a “major cybersecurity incident,” since it was …

Trump Fails to Win New Trial in E. Jean Carroll Sex-Abuse Case

A federal appeals court denied Donald Trump’s request for a new trial in New York writer E. Jean Carroll’s sexual abuse lawsuit, dealing a blow to the president-elect as he seeks to put his legal woes behind him before taking …

Top National Insurance Journal Stories of 2024

The three largest insurance brokers each announced or closed multi-billion-dollar acquisitions in 2024. The topic was one of many in which readers of Insurance Journal kept a close eye this year. Also the last 12 months saw difficulties in the …

Generative AI: A Double Agent Serving Good and Evil in the World of Claims

Claims professionals need to adapt to the AI evolution at a fast pace as the same technologies used to fight claims fraud are also being used to perpetuate it, according to experts. “It’s truly become an arms race,” said Shane …

AT&T, Verizon Say Networks Now Clear After Salt Typhoon Hack

AT&T Inc. and Verizon Communications Inc. acknowledged that they’d been hit by the China-linked Salt Typhoon hacking operation but that their networks were now clear from the intrusion. The hackers attempted to gain information about foreign intelligence, Dallas-based AT&T said …

When 2025 Arrives, So Will the End of the Amateur Athlete in College Sports

When the page turns on 2024, it will be time to say goodbye, once and for all, to the amateur athlete in college sports. In theory, the concept held on stubbornly via the quaint and now all-but-dead notion that student-athletes …

Though US Jobless Claims Slip, Numbers Point to Worker Scarcity

The number of Americans filing new applications for jobless benefits dipped to the lowest in a month last week, consistent with a cooling but still-healthy U.S. labor market that is likely to keep Federal Reserve officials from cutting interest rates …

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