European Central Bank Pitches Plan to Boost Coverage for Climate Losses December 18, 2024 By Gautam Naik The European Central Bank and the region’s insurance authority proposed a two-pronged approach to increase insurance coverage for floods, storms...
Grubhub to Pay $25M for Misleading Customers, Restaurants, Drivers December 18, 2024 By Jody Godoy Grubhub settled with the U.S. Federal Trade Commission and Illinois Attorney General Kwame Raoul on Tuesday for allegedly misleading customers...
Trump Transition Recommends Scrapping Car-Crash Reporting Requirement December 18, 2024 By Jarrett Renshaw, Rachael Levy and Chris Kirkham The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla, according...
Meta Settles with Australia’s Privacy Watchdog Over Cambridge Analytica Suit December 18, 2024 By Rishav Chatterjee and Kaye Byron Meta Platforms has agreed to a A$50 million settlement ($31.85 million), Australia’s privacy watchdog said on Tuesday, closing long-drawn, expensive...
AI Focal Point of Cybersecurity Outlook for 2025, Says Experian December 17, 2024 Artificial intelligence is at the center of Experian’s annual breach forecast due to its enabling capabilities. Michael Bruemmer, vice president...
Congo Sues Apple Alleging ‘Pillaged’ Minerals in Products December 17, 2024 By William Clowes The Democratic Republic of Congo filed lawsuits against Apple Inc. in France and Belgium. In them, it accuses the company...
Becton Dickinson to Pay $175 Million to Settle SEC Probe December 17, 2024 By Lydia Beyoud Becton, Dickinson & Co. has agreed to a $175 million fine over Securities and Exchange Commission claims it repeatedly misled...
Disaster Insurance Set to Test Italy’s Business Backbone in 2025 December 17, 2024 By Alberto Chiumento and Andrea Mandala Italian companies are preparing to comply with a requirement to take out natural disaster insurance from next April, although some...
ABC to Give $15M to Trump’s Presidential Library to Settle Defamation Suit December 17, 2024 By Michael R. Sisak ABC News has agreed to pay $15 million toward Donald Trump’s presidential library to settle a defamation lawsuit over anchor...
Report: Millions of Properties May be Underinsured Due to Multiple Undetected Structures December 17, 2024 An analysis of residential properties across the U.S. shows a large proportion of homes with multiple structures may be underinsured...