AGCO Ransomware Attack Disrupts Tractor Sales During U.S. Planting Season May 9, 2022 By Bianca Flowers and Nathan Gomes U.S. agricultural equipment maker AGCO Corp. said on Friday a ransomware attack was affecting operations at some of its production...
Intuit to Pay $141 Million to Settle TurboTax Deception Claims May 6, 2022 By Jonathan Stempel Intuit Inc agreed to pay $141 million in restitution to settle claims by all 50 U.S. states and Washington, D.C.,...
Allstate Outlines ‘Surgical’ Auto Rate Hikes to Combat Inflation May 6, 2022 By Chad Hemenway Rate increases in Allstate’s auto insurance business are in integral part of the insurer’s overall plan to address the impact...
Bird Flu Outbreak Nears Worst Ever in U.S. With 37 Million Dead Chickens May 6, 2022 By Zijia Song, Elizabeth Elkin and Michael Hirtzer A bird flu virus that’s sweeping across the U.S. is rapidly becoming the country’s worst outbreak, having already killed over...
People Moves: Zurich Adds Sustainability Posts; Pie Attracts 4 Execs; Big ‘I’ Names Invest Chief May 6, 2022 Zurich Creates Role to Support Energy and Construction Clients With Sustainability Zurich North America has created three roles to support...
Most Homeowners Underinsured for Trends in Inflation, Building Costs: APCIA May 6, 2022 A new American Property Casualty Insurance Association (APCIA) survey of over 1,000 U.S. homeowners who have a homeowners insurance policy,...
DOJ Antitrust Chief Warns S&P Global Over Insurer Ratings Tweak May 5, 2022 By Leah Nylen S&P Global Inc. should “carefully consider” a proposed tweak to how it assesses the creditworthiness of bonds owned by insurance...
Russia-Ukraine a ‘Complex’ Situation for Insurance Industry: AIG CEO Zaffino May 5, 2022 By Chad Hemenway AIG CEO Peter Zaffino during the company’s most recent earnings call provided analysts with some insight regarding insurance implications from...
Under Scrutiny, Some Telehealth Firms Are Rethinking ADHD Drugs May 5, 2022 By Polly Mosendz, Caleb Melby and Jackie Davalos The largest online mental health startup has tightened its prescription practices after criticism by medical professionals that its aggressive social-media...
Markel Co-CEO Whitt to Retire Next Year May 5, 2022 Markel Corporation announced Wednesday that Richard R. Whitt III, co-chief executive officer of Markel, plans to retire by March 31,...