Disney Settles Suit Over Women’s Pay for $43 Million November 26, 2024 Walt Disney agreed to pay $43.3 million to settle a lawsuit alleging that its female employees in California earned $150...
Starbucks Faces Disruptions Following Ransomware Attack on Software Supplier November 26, 2024 By Anuja Bharat Mistry and Juveria Tabassum Starbucks said the aftermath of a ransomware attack on a software supplier has been affecting its ability to pay baristas...
New York Fines GEICO $9.75M, Travelers $1.5M Over Auto Insurance Cyber Breaches November 26, 2024 Two auto insurers will pay fines totaling $11.3 million for data breaches of online insurance quoting systems that New York...
Samsung Ordered to Pay $118M for Infringing Netlist Patents November 26, 2024 By Blake Brittain A federal jury in Marshall, Texas, on Friday awarded computer memory company Netlist $118 million in damages from Samsung Electronics...
Allianz Offers 5 Loss Trends to Watch on the Liability Front November 26, 2024 By Jahna Jacobson As the costs of nuclear and thermonuclear verdicts explode in the U.S., organizations are examining ways to predict, prevent and...
HDI Global Names Major Chief Claims Officer for UK and Ireland November 26, 2024 HDI Global added Tom Major as a chief claims officer. The appointment takes effect Feb. 7, 2025. Major will join...
AM Best Improves Outlook on US Personal Auto Segment to ‘Stable’ November 25, 2024 By Chad Hemenway Insurance rating agency AM Best today said it has shifted its outlook of the U.S. personal auto insurance segment to...
California Pledges EV Buyer Rebate If Trump Kills $7,500 Credit November 25, 2024 By Keith Laing California Gov. Gavin Newsom is promising to step in with a state electric-car tax credit if US President-elect Donald Trump...
Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening November 25, 2024 By L.S. Howard Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk...
Bridging The Carrier-Restoration Knowledge Divide with Technology November 25, 2024 By Kimberly Burdi-Dumas Insurance carriers and restoration teams face a cascade of challenges. The increasing frequency and severity of climate-induced catastrophes, such as...