Starbucks Faces Disruptions Following Ransomware Attack on Software Supplier Starbucks said the aftermath of a ransomware attack on a software supplier has been affecting its ability to pay baristas... Read More
New York Fines GEICO $9.75M, Travelers $1.5M Over Auto Insurance Cyber Breaches Two auto insurers will pay fines totaling $11.3 million for data breaches of online insurance quoting systems that New York... Read More
Samsung Ordered to Pay $118M for Infringing Netlist Patents A federal jury in Marshall, Texas, on Friday awarded computer memory company Netlist $118 million in damages from Samsung Electronics... Read More
Editor's Picks Allianz Offers 5 Loss Trends to Watch on the Liability Front As the costs of nuclear and thermonuclear verdicts explode in the U.S., organizations are examining ways to predict, prevent and... Read More
HDI Global Names Major Chief Claims Officer for UK and Ireland HDI Global added Tom Major as a chief claims officer. The appointment takes effect Feb. 7, 2025. Major will join... Read More
Editor's Picks AM Best Improves Outlook on US Personal Auto Segment to ‘Stable’ Insurance rating agency AM Best today said it has shifted its outlook of the U.S. personal auto insurance segment to... Read More
California Pledges EV Buyer Rebate If Trump Kills $7,500 Credit California Gov. Gavin Newsom is promising to step in with a state electric-car tax credit if US President-elect Donald Trump... Read More
Editor's Picks Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk... Read More
AI & Technology Expert Viewpoints Bridging The Carrier-Restoration Knowledge Divide with Technology Insurance carriers and restoration teams face a cascade of challenges. The increasing frequency and severity of climate-induced catastrophes, such as... Read More
AAA: Thanksgiving Travel Expected to Exceed Pre-Pandemic Levels A projected 79.9 million U.S. travelers will head 50 miles or more from home over the Thanksgiving holiday travel period,... Read More