The State Farm Mutual board of directors has selected President Jon Farney as the company’s next chief executive officer. Farney will succeed retiring CEO Michael Tipsord on June 1. Farney joined State Farm in 1993 and has served in a …
Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign, both of which are counting on a steady easing of price …
UnitedHealth Group said Wednesday evening that its unit Change Healthcare’s pharmacy network was back online, weeks after a cyberattack had a knock-on effect across the country’s healthcare system that depends heavily on insurance. Change Healthcare processes about 50% of medical …
Eggland’s Best, one of the largest U.S. egg producers, has been sued for falsely claiming that its eggs contain less saturated fat than other eggs. The proposed class action filed on Tuesday in federal court in Chicago by Richard Vilchis …
More than 60 elections will be held worldwide in 2024, and the outcomes will likely affect international relationships, drive policy uncertainty and disrupt markets, Marsh Specialty leaders said in a new political risk report. “The outcomes of the elections taking …
Executive Summary: Setting up mock jury trials, taking cases to trial and refraining from issuing “hammer” letters to lower-layer insurers are just three of the strategies Aspen’s Chief Claims Officer Tony Rai suggests that insurers start undertaking—in concert with their …
UnitedHealth Group has already been hit with at least six class action lawsuits accusing it of failing to protect millions of people’s personal data from last month’s hack of Change Healthcare, its payment processing unit, with more lawsuits likely to …
Chubb CEO Evan Greenberg, recognizing the criticism swirling around his company’s involvement in recently providing Donald Trump with a $91.6 million appeal bond, penned a letter to explain. “When Chubb issues an appeal bond, it isn’t making judgements about the …
A Russian state-sponsored hacking group that stole sensitive data from Microsoft Corp. executives is trying to leverage that information to compromise the company’s source code and other internal systems, according to the technology giant. The revelation makes clear that a …
Doctors across the US are stretching to keep their practices afloat as a debilitating cyberattack on a once little-known company at the center of the health-care system continues to cause havoc. The Feb. 21 attack against Change Healthcare, a subsidiary …
