Best Agencies to Work For: Submit Now.
Article 0 Comments Is your agency a Best Place to Work? Then it’s time to nominate your agency for Insurance Journal’s “Best Agency to Work For” award. To nominate your agency, you must be...
Tagged: National News
Delta Air Lines to Seek Compensation Over Cyber Outage: Report
Article 0 Comments Delta Air Lines has hired a law firm and will seek compensation from Microsoft and CrowdStrike over a global cyber outage earlier this month that disrupted flights around the world, CNBC...
Global IT Crash That Blocked 911 Calls and Grounded Planes Eases
Article 1 Comment In what will go down as the most spectacular IT failure the world has ever seen, a botched software update from cybersecurity firm CrowdStrike Holdings Inc. crashed countless Microsoft Windows computer...
GM to Pay $145.8M Penalty After US Finds Excess Emissions
Article 0 Comments General Motors will pay a $145.8 million penalty and forfeit credits worth hundreds of millions of dollars after a U.S. government investigation found excess emissions from approximately 5.9 million GM vehicles,...
FTC Ban on Worker Noncompete Agreements Delayed by Judge
Article 0 Comments A federal judge delayed implementation of the US Federal Trade Commission’s near-total ban on noncompete agreements, the first salvo in the high-stakes legal fight over how much freedom workers should have...
Markets/Coverages: FloodFlash Offers Parametric Flood Product Across US
Article 0 Comments FloodFlash announced its expansion to cover all mainland US locations. The sensor-enabled parametric flood insurer provides flood coverage in excess of the National Flood Insurance Program (NFIP) where the private markets...
Severe Storms Caused $722M in Catastrophe Losses in May: Progressive
Article 0 Comments Progressive on Friday said severe storms mostly in Texas and the Midwest caused about $722 million in net catastrophe losses to the insurer. In its monthly announcement of financial results on...
HHS Says UnitedHealth Can Notify Patients of Data Breach
Article 0 Comments U.S. healthcare providers can ask UnitedHealth Group to notify people whose data was exposed during a hack on the company’s Change Healthcare unit in February, according to an update on the...
US Auto Insurance Market on the Mend; Homeowners Line Volatile: Fitch
Article 0 Comments The U.S. personal insurance sector is positioned for improving underwriting performance in 2024. According to Fitch’s latest U.S. Personal Lines Market Update, the change is predicted amid signs that the previous...
Insurers Are Working to Shore Up the $2 Billion Carbon Offset Market
Article 0 Comments Data fraud, questionable accounting practices and intensified catastrophes are just some of the issues that have battered the voluntary carbon market. Those misfortunes have helped spur a new line of business:...