In March 2021, CNA Financial Corp., one of the country’s largest insurance companies, suffered a ransomware attack from a cybercriminal group called Phoenix. The attackers pressured the insurer to pay up quickly by raising the ransom demand, claiming the data …
Insurance technology firms EagleView and Verisk have patched up their differences and are vowing to move ahead “enabling joint innovation.” The companies’ accord comes two years after aerial imaging firm EagleView Technologies won a $125 million patent infringement verdict against …
The nation’s workplace safety agency will officially publish tomorrow emergency guidelines for companies that must implement President Biden’s mandatory vaccine policy for employees. The policy covers employers with 100 or more employees and requires them to enforce a mandatory COVID-19 …
By Andrew G. Simpson Pay-per-mile digital auto insurer Metromile is pursuing what it is calling a “significant” expansion of its use of independent agents to sell its insurance, and it has hired a Travelers Insurance executive to lead the effort. …
Kemper Insurance has won preliminary approval of its $17.6 million proposal to settle a class action stemming from two data breaches. Judge Martha M. Pacold of the federal court for the Northern District of Illinois on Wednesday gave the green …
Giant food manufacturer Kellogg is facing a class action lawsuit alleging that it is misleading the public with its Frosted Strawberry Pop-Tarts because it is not using a sufficient amount of actual strawberries in the toaster pastries’ filling. The pastry …
Pay-per-mile digital auto insurer Metromile is pursuing what it is calling a “significant” expansion of its use of independent agents to sell its insurance, and it has hired a Travelers Insurance executive to lead the effort. San Francisco-based Metromile, which …
The U.S. Supreme Court has ruled in favor of police officers accused of using excessive force in two cases involving the controversial doctrine of qualified immunity. The high court found that in both cases, appeals courts wrongly denied the officers …
Dallas-based retailer Neiman Marcus Group said it recently learned that an unauthorized party obtained personal information associated with customers’ online accounts in May. NMG said it notified law enforcement of the issue and is working with Mandiant, a cybersecurity firm, …
The Hartford announced a new agreement in the Boy Scouts of America (BSA) bankruptcy in which it will pay $787 million for sexual abuse claims under policies mostly issued in the 1970s. The new agreement supersedes a prior $650 million …
