BOSTON (AP) — In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France that reimburse customers for extortion payments made to ransomware criminals. AXA, among Europe’s top five insurers, said …
As U.S. retailers celebrate a boom lifting one of the pandemic’s hardest-hit sectors, scars left by a year of bankruptcies and delayed vendor payments could threaten to undermine their recovery — just as the crucial back-to-school shopping season begins. After …
CHARLESTON, W.Va. — A financially strapped West Virginia hospital has agreed to pay the federal government $50 million to resolve claims that it improperly issued payments and kickbacks to physicians under the direction of management, the U.S. Justice Department announced …
A string of powerful typhoons that struck Japan has left scars on the country’s non-life insurers, with industry giants likely forced to pay a combined $8 billion in insurance payments in the current fiscal year that ends in March. Japan’s …
JEFFERSON, Ga. — On the first Saturday in March, computer screens at the 911 dispatch center in this small town went dark. Staff at the county jail around the same time could no longer open cell doors remotely with electronic …
Federal investigators Tuesday raided the Florida offices of Imperial Holdings Inc, a company that makes lump-sum payments on legal settlements and life insurance policies, the FBI said on Tuesday. The agents were operating on a search warrant issued from New …
Tyson Foods Inc. is paying $32 million to settle a long-running dispute over whether it should compensate poultry plant workers for time they spend putting on and taking off protective clothing. In a consent decree filed in U.S. District Court …
Churchill Downs Inc. plans to stop paying the trade association representing jockeys to fund riders’ off-track needs, such as benefits or health insurance coverage that’s not racing related. Churchill spokeswoman Julie Koenig Loignon told The Courier-Journal that the company’s four …