National News

Hundreds of U.S. Networks Targeted by Russian Cyber Attack, Microsoft Says

The Russian-based agency behind last year’s massive SolarWinds cyberattack has targeted hundreds more companies and organizations in its latest wave of attacks on U.S.-based computer systems, Microsoft said in a blog post. Microsoft, in a blog post dated Oct. 24, …

On Baldwin’s ‘Rust’ Movie Set and Others, Union Guidance Is Key to Gun Safety

Safety standards developed by film studios and labor unions are the primary protection for actors and film crews when a scene calls for using prop guns. The industry-wide guidance is clear: “Blanks can kill. Treat all firearms as if they …

Insurance Technology: Guidewire Guides Insurers to Insurtechs; Rhino, Cover Genius Offer Embedded Renters Insurance

Guidewire Guides Insurers to Insurtechs Guidewire Software has launched a program designed to connect its property/casualty insurance industry customers to up-and-coming insurtechs. Dubbed, Insurtech Vanguards, the program will highlight insurtechs that bring novel approaches to the industry. The program is …

Months Before Bankruptcy Move, J&J Offered $4B to Settle Talcum Claims

Months before putting one of its units into bankruptcy, Johnson & Johnson offered $4 billion to settle with victims of its talc-based powder — twice the amount it’s now proposing to pay through a forced resolution, according to people familiar …

Top Regulators’ Roadmap Addresses Climate Change as Threat to U.S. Financial Stability

Climate change is an “emerging threat” to U.S. financial stability that regulators should address in their everyday work, a top U.S. regulatory panel said on Thursday, a first for the United States which has lagged other wealthy countries on tackling …

U.S. Urges Global Intellectual Property Waiver for COVID-19 Vaccines

The White House on Thursday called on all World Trade Organization members to support an intellectual property waiver for COVID-19 vaccines. “We … need every WTO member to step up as well and support an intellectual property waiver, and every …

NFL to Offer to Changes to ‘Race-Norming’ Testing Formula Used in Dementia Claims

The NFL is set to propose changes to the $1 billion concussion settlement this week after an outcry over test score adjustments known as “race-norming,” which make it harder for retired Black players to win dementia awards that average $500,000 …

Insurance Technology: Catalyit; CyberCube; Tremor; TransUnion and e2Value

Anderson, Catalyit Offer Technology Resource for Agents Headed by agency technology consultant Steve Anderson, Catalyit has assembled a team of insurance industry tech experts to launch a new technology resource for independent insurance agents. The Catalyit platform promises to bring …

California Releases Climate Draft Plan, Axis Accelerates Retreat from Coal

Insurer Axis Capital Holdings Ltd. announced new a policy restricting insurance and investments in coal, tar sands oil, and Arctic oil and gas. Axis committed to stop insuring any company developing coal infrastructure and phase out all coal business. Axis …

Activist Investor Starboard Takes New Stake in Willis, Saying Broker Undervalued

Activist investor Starboard Value disclosed a new position in Willis Towers Watson Plc Thursday, and said it believes the insurance broker could nearly double its share price in the next three years. Jeff Smith, Starboard’s chief executive officer, said Willis …

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