Talcum Cancer Victims Rebuff J&J’s Push for Settlement Talks November 23, 2021 By Steven Church Johnson & Johnson will likely have to wait until next year before it can restart negotiations to resolve 38,000 lawsuits...
GoDaddy Says Security Incident Exposed Data of 1.2M WordPress Users November 22, 2021 Internet domain registration and web services company GoDaddy reported today that it has discovered a security breach that could affect...
Resilience Cyber Closes $80M Funding Round to Further Expand Into Middle Market November 22, 2021 Resilience, which offers cyber insurance and security solutions, reported that that it closed an $80 million Series C funding round...
Biden’s Proposed Inflation Cap on Drug Prices Includes Private Insurance Plans November 22, 2021 By Ricardo Alonson-Zaldivar Workers and families with private health insurance would reap savings on prescription drugs from a little-noticed provision in President Joe...
Amazon and Its Algorithms Blamed for Crashes by Delivery Drivers November 22, 2021 By Spencer Soper Ans Rana was in the back seat of his brother’s Tesla Model S when they stopped behind a disabled car...
Insureds May be Cooling to Digital Claims Experience November 22, 2021 By David French Policyholders are starting to pull back from digital channels as the COVID-19 pandemic eases and revert to in-person ways to...
State Farm and Generali Join Investors in Computer Vision Startup Nexar November 19, 2021 State Farm and Generali joined the $53 million financing round for Nexar, an artificial intelligence computer vision startup based in...
New U.S. Rule Requires Banks to Promptly Report Cyber Incidents November 19, 2021 By Pete Schroeder U.S. banking regulators on Thursday finalized a rule that directs banks to report any major cybersecurity incidents to the government...
Insurers Cut Their Appetite for Cyber Cover as Ransomware Losses Mount November 19, 2021 By Carolyn Cohn LONDON – Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove...
Staying Focused on Surplus Lines: Amwins’ President Drinkwater November 19, 2021 By Andrea Wells It’s an interesting time in the surplus lines industry with insurance rates increasing and capacity being limited in some classes...