Congress Wants Answers on a ‘Significant’ Cyberattack on Courts August 1, 2022 By Katrina Manson Three hostile foreign actors breached the federal courts document management system via “an incredibly significant and sophisticated” cyberattack more than...
After 20 Deaths, Connecticut Plans $20M Safety Effort to Prevent Wrong-Way Crashes August 1, 2022 Connecticut’s Bond Commission approved $20 million in borrowing Friday for the purchase of equipment designed to help prevent drivers from...
Climate Change Made Deadly UK Heat Wave at Least 10 Times More Likely: Study August 1, 2022 By Eric Roston The UK’s heat wave earlier this month fueled so many blazes in London that the city’s fire service was busier...
Global Commercial Insurance Rates Rise 9%, Continuing Moderating Trend: Marsh August 1, 2022 Global commercial insurance prices increased 9% in the second quarter of 2022 (down from an 11% increase in Q1), continuing...
Ukraine Makes 1st Grain Shipment Since Russia’s Invasion in Key Milestone August 1, 2022 By Ugur Yilmaz and Aliaksandr Kudrytski Ukraine made its first shipment of grain since Russia’s invasion, marking a small but crucial first step toward unlocking the...
Fidelis’ Credit Ratings Under Review After Announcing Plan to Create MGU: AM Best August 1, 2022 AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer...
Liberty Mutual Insurance Acquires Malaysian Insurer AmGeneral August 1, 2022 Liberty Mutual Insurance has completed the acquisition of Malaysian insurer AmGeneral Insurance Berhad, which is expected to make Liberty Mutual...
Boy Scouts Must Change $2.7 Billion Sex Abuse Fund, Judge Rules August 1, 2022 By Steven Church The Boy Scouts of America must adjust their plan to create the biggest sexual abuse compensation fund in the U.S....
FDIC Urges Banks to Police Misleading Crypto Claims on Deposit Insurance August 1, 2022 By Pete Schroeder A U.S. banking regulator is urging banks dealing with cryptocurrency companies that they need to make sure customers know which...
Elon Musk Files Countersuit Under Seal Versus Twitter Over $44 Billion Deal August 1, 2022 By Tom Hals Elon Musk countersued Twitter Inc. on Friday, escalating his legal fight against the social media company over his bid to...