National News

Supreme Court in UBS Case Makes it Easier for Whistleblowers to Win Suits

The U.S. Supreme Court on Thursday made it easier for financial sector whistleblowers to win lawsuits accusing companies of unlawfully firing them as retaliation for disclosing wrongdoing, rejecting a bid by Switzerland’s UBS Group to impose a higher bar. The …

Markets/Coverages: Corvus Expands Tech E&O; K2 OCONUS Workers Comp for Government Contractors; Xceedance’s MGA Agility Suite

Corvus Insurance introduced a newly expanded Tech E&O product with an enhanced appetite backed by Travelers. Smart Tech E+O from Corvus provides creative risk solutions for technology businesses across the spectrum of size and complexity, including primary and excess policies. …

Chinese Hacking Campaign Aimed at Critical Infrastructure Goes Back 5 Years

An advanced group of Chinese hackers taking aim at U.S. critical infrastructure have been active for as long as half a decade, American and allied intelligence agencies said in a joint statement on Wednesday. The U.S. National Security Agency, U.S. …

US Court Cancels Approvals for Widely Used Dicamba Weedkillers

A U.S. court has nullified the government’s latest approvals of certain agricultural weedkillers sold by Bayer, BASF and Syngenta, fueling uncertainty among farmers who spray the products on genetically engineered soybeans and cotton. Environmental activists cheered the court for halting …

NBA Sued Over Deal With Failed Crypto Exchange Voyager

The National Basketball Association was hit with a lawsuit over its marketing links to failed crypto exchange Voyager Digital Holdings Inc., which investors claim led to $4.2 billion in losses. The NBA was “grossly negligent” in agreeing to a marketing …

Fired ‘Mandalorian’ Actor Sues Disney With Funding From Elon Musk

Actor Gina Carano sued Walt Disney for wrongful termination from Star Wars series “The Mandalorian” in a lawsuit filed Feb 6 and backed by billionaire Elon Musk. Carano argued in the suit that she was fired in 2021 for voicing …

Allstate Reverses Q4 Loss With Benefit of Low Cat Losses, Auto Rate Increases

Allstate Corp. fourth quarter 2023 net income attributable to common shareholders was about $1.5 billion, reversing a loss of $303 million during the same time the prior year. Allstate CEO Tom Wilson said “improved auto profitability and mild weather” drove …

Ransomware Hackers Stole More Than $1 Billion in 2023

Ransomware gangs stole more than $1 billion in 2023, the largest amount ever recorded, according to a report published Wednesday by blockchain analysis firm Chainalysis Inc. With ransomware hacks, cybercriminals block access to a victims’ data or files until they …

Google Calls Out Spyware Firms and Advocates for Tighter Regulation

Internet giant Google on Feb 6 called out a series of surveillance software companies that it said were enabling the use of dangerous hacking tools, and urged the United States and its allies to do more to rein in the …

NFL Diversity Policies Are Racist, Conservative Group Says

A conservative U.S. legal group has accused the National Football League (NFL) and its teams of engaging in discrimination through its influential “Rooney Rule,” which requires teams to interview at least one minority candidate for coaching and executive positions. America …

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