Hack That Paralyzed US Health Care Turns Up Scrutiny on Insurer April 30, 2024 By John Tozzi, Riley Griffin and Jordan Robertson When a cyberattack on Change Healthcare paralyzed much of the US health-care system, some lawmakers saw it as proof its...
Warren Buffett’s PacifiCorp Now Faces $30 Billion Fire Claim Demand April 30, 2024 By Rachel Graf Berkshire Hathaway Inc.’s PacifiCorp now faces a demand for $30 billion from victims of Oregon’s 2020 Labor Day wildfires, an...
Growing Progressive Set to Hire 10,000 for Claims, IT, Other Roles April 30, 2024 Progressive Insurance aims to hire thousands to support several years of year-over-year growth, according to a media statement. At Progressive,...
Williams-Sonoma to Pay $3.2M for Violating FTC’s ‘Made in USA’ Order April 30, 2024 Home products retailer Williams-Sonoma will have to pay almost $3.2 million for violating a Federal Trade Commission “Made in USA”...
Lockton Re: Hypothetical Cyber Event Offers Carriers an Opportunity to Review Risks April 30, 2024 A simulated cyber catastrophe highlights the benefits and problems cyber insurance carriers will encounter as a result, according to a...
BHP, Vale Offer Brazil $25.7 Billion Payment for Dam Disaster April 30, 2024 By Archie Hunter and Mariana Durao Mining giants BHP Group and Vale SA offered to pay Brazil about $25.7 billion in total compensation for a 2015...
‘Fearless Girl’ Lawsuit by State Street Settles on Eve of Trial April 30, 2024 By Chris Dolmetsch State Street Corp. and the artist it commissioned to create Wall Street’s sculpture have settled a 2019 lawsuit on the...
Apollo Accused in Lawsuit of Illegal Human Life Wagering Scheme April 30, 2024 By Mike Leonard Apollo Global Management Inc. bet on the longevity of senior citizens by acquiring illegal life insurance policies and funneling the...
Insurers Get Green Light to Pay Less Than Billed Charges in Florida PIP Cases April 29, 2024 By William Rabb The Florida Supreme Court has given auto insurers more flexibility in reducing payments for medical services under the state’s no-fault...
US Great Plains Brace for Possible Tornados: Weather Watch April 29, 2024 By Brian K. Sullivan States across the Great Plains in the US are bracing for possible severe thunderstorms — which may include tornadoes and...