Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said on Thursday, as ransomware attacks increase in number and severity. A ransomware attack on Colonial Pipeline in May shut the …
Britain’s finance minister pledged on Thursday to “sharpen” the competitive advantage of the UK financial services sector as he set out his vision for its future after the City of London lost business to the bloc after Brexit. In his …
Insurance tech startup bolttech on Thursday said it raised $180 million in a funding round, led by private investment firm Activant Capital Group, that valued it at more than $1 billion. The New York and Singapore-based company’s online platform serves …
Like death and taxes, the annual hurricane season can be counted on as a sure thing. The number and intensity of named storms may vary each year, as well as where they occur and whether or not they make landfall. …
Roman Catholic priests sexually abused minors across Iowa for decades while church leaders covered it up, but reforms implemented in recent years have largely stopped the problem, a three-year review by Iowa’s attorney general concluded. A report issued by Attorney …
The owner of two West Virginia pharmacies has agreed to pay $300,000 in civil penalties to settle allegations that they filled illegitimate prescriptions in violation of federal law. Federal prosecutors said Beckley Pharmacy’s two locations and Bee Well Pharmacy in …
The United States needs to accord the same legal protections to user data held on tech companies’ servers as it does to physical files stored in personal file cabinets, media attorneys and lawmakers said Wednesday. The witnesses spoke at a …
