Business interrpution News

Insurers Face Business Interruption Claims After Global Tech Outage

Insurers could face a raft of business interruption claims after a worldwide tech outage crippled industries from travel to finance on Friday, insurance industry experts said. A software update by global cybersecurity firm CrowdStrike appeared to have triggered systems problems …

AutoNation Expects Hit to Q2 Profit From CDK Outage

U.S. auto retailer AutoNation said on Monday it expects a $1.50 per share hit to its second-quarter profit due to the disruptions caused by a cyberattack at retail technology provider CDK in June, a crucial selling period for car dealers. …

Forecast Calling for Blizzard Conditions That Could Bury California Mountain Towns in Feet of Snow

Snow was expected to pick up across portions of Oregon, Northern California and northwestern Nevada by Wednesday night, according to AccuWeather meteorologists, who are forecasting heavy snow to expand through the northern and central Sierra on Thursday. The best chance …