Viewpoint: The Cyber Risk Pendulum
Article 0 Comments Privacy risk is so 2014, right? Ten years ago, numerous retail and healthcare companies were hit with data breaches related to the exposure of credit card or healthcare data. Given many...
Tagged: National News
Dartmouth Basketball Players’ Labor Victory Only Start of Path to Union Deal
Article 0 Comments A ruling that gives the Dartmouth basketball team the right to unionize has far-reaching implications for all of college sports — from the quaint, academically oriented Ivy League to the big-money...
Liberty Mutual to Eliminate 250 Positions
Article 0 Comments Liberty Mutual has confirmed it is eliminating about 250 positions, or 0.5% of its global workforce, as it continues implementing new organizational structures within US Retail Markets and Global Risk Solutions...
FAA Steps Up Scrutiny of Boeing With Calls for Checks on Another 737 Model
Article 0 Comments The U.S. Federal Aviation Administration (FAA) has recommended that airlines operating Boeing 737-900ER jets inspect door plugs to ensure that they are properly secured after some operators reported unspecified issues with...
GM Financial Rebranding OnStar Insurance as General Motors Insurance
Article 0 Comments GM Financial earlier this week said it is rebranding its OnStar Insurance to General Motors Insurance, with plans for market expansion. During 2023, the GM Insurance unit shifted from an agency...
10 Largest Auto Insurers Each Raised Rates by Double Digits in 2023
Article 0 Comments According to S&P Global Market Intelligence’s RateWatch, Farmers Insurance instituted double-digit rate increases in 43 states in 2023 for a weighted average rate increase of 17.6%—and its private-auto insurance peers in...
New Contractor Rule to Be Unveiled Soon That Could Upend Gig Economy
Article 0 Comments The administration of U.S. President Joe Biden will release a final rule as soon as this week that will make it more difficult for companies to treat workers as independent contractors...
Merck Settles Coverage Dispute With Insurers Over War Exclusion in NotPetya Attack
Article 0 Comments Merck & Co. Inc. has reportedly reached a deal with insurers over a closely-watched coverage dispute related to a massive cyberattack in 2017. The New Jersey Supreme Court in July 2023...
FTC Reaches Settlement With XCast Labs Over Illegal Robocalls
Article 0 Comments U.S. regulators and XCast Labs have agreed on a proposed settlement of charges that the company facilitated billions of illegal robocalls, the Federal Trade Commission (FTC) said on Tuesday. The FTC...
Travelers Completes Acquisition of Corvus Insurance
Article 0 Comments The Travelers Cos. completed its previously announced acquisition of Corvus Insurance Holdings Inc., a cyber insurance managing general underwriter. The $435 million acquisition was first announced in November 2023, which Travelers...