Former Purdue President Sackler Says Family Did Not Contribute to Opioid Epidemic August 19, 2021 By Maria Chutchian Former Purdue Pharma President Richard Sackler said on Wednesday that his family’s reign over the OxyContin maker did not contribute...
Ratings Changes for P/C Insurers Up Moderately, Says AM Best August 18, 2021 The number of credit rating upgrades and downgrades in the U.S. property/casualty (P/C) insurance industry increased in the first half...
CDC Creating New Real-Time Disease Forecasting Center August 18, 2021 By Mrinalika Roy The U.S. Centers for Disease Control and Prevention said on Wednesday it is creating a new disease forecasting center to...
Classic Car Specialist Hagerty to Become Public Company in SPAC Deal August 18, 2021 By Andrew G. Simpson Classic car insurance specialist Hagerty is planning to go public in a deal with special purpose acquisition company Aldel Financial...
T-Mobile Says Hackers Stole 7.8 Million Current Customers’ Personal Data August 18, 2021 By Derek Francis T-Mobile US Inc. said on Wednesday an ongoing investigation into a cyberattack on its systems revealed that some personal data...
SEC Working to Require Corporate America to Disclose Workforce Data August 18, 2021 By Katanga Johnson The U.S. Securities and Exchange Commission (SEC) is headed for a scuffle with corporate America over how much information public...
Sacklers: Purdue’s ‘Moral Responsibility’ to Pay for Opioid Crisis Tied to Liability Shield August 18, 2021 By Maria Chutchian A member of the Sackler family that owns Purdue Pharma testified on Tuesday that his family bears a “moral responsibility”...
Hacking, But Make It Ethical: How ‘The Good Guys’ Are Boosting Cybersecurity August 18, 2021 By Elizabeth Blosfield Sometimes, real life can be like the movies. At least, that’s according to two ethical hackers in this episode of...
Insurtech VOOM, Markel Offering Mileage-Based Motorcycle Insurance August 17, 2021 Mobility insurtech VOOM and specialty insurer Markel have teamed up to launch a per-mile insurance offering for motorcycles in select...
People Moves: Chubb’s Kocsondy Joins Beazley Cyber; Ames & Gough Adds Martin; WTW’s Kinzer Moves to Zurich Construction; AXA XL Adds 4 to Pollution Team August 17, 2021 Beazley Appoints Chubb’s Kocsondy as U.S. Cyber & Tech Chief Specialist insurer Beazley has appointed Patricia Kocsondy as head of...