First quarter net income at Travelers Cos. fell 4% to $975 million as catastrophes cost the insurer a total of about $535 million during the first three months of the year. Catastrophe losses, coupled with a $48 million first quarter …
New York Governor Kathy Hochul announced that the nonprofit InnSure will administer the state’s $6.5 million insurance innovation fund that includes grants to encourage the development of new insurance policies and products that support new clean technologies. The initiative, announced …
The European Commission on Tuesday announced a 1.1-billion-euro ($1.2 billion) plan to counter growing cybersecurity threats, underscoring mounting concerns about a series of high-profile hacking incidents. The growing use of cyber warfare in the military conflict between Russia and Ukraine …
Executive Summary: An uncertain economic landscape leading to a rise in claims, decreasing rates, and proposed US Securities and Exchange Commission regulations on environmental, social and governance disclosures (ESG) are just some of the challenges facing directors and officers liability …
CONWAY, N.H. (AP) – Bakery owner Sean Young was thrilled when high school art students covered the big blank wall over his doorway last spring with a painting of the sun shining over a mountain range made of sprinkle-covered chocolate …
A Johnson & Johnson subsidiary is again asking a U.S. judge to pause tens of thousands of lawsuits alleging the company’s baby powder and other talc products cause cancer, as it seeks to resolve the litigation in bankruptcy after a …
The UK government’s cyber defense agency warned on Wednesday of an emerging threat to Western critical national infrastructure posed by hackers sympathetic to Russia and its war on Ukraine. Russia-aligned “hacktivists” have carried out largely harmless online campaigns that have …
Fox News’s agreement to pay $787.5 million to settle a voting machine maker’s defamation lawsuit over the network’s 2020 election broadcasts leaves a similar, $2.7 billion suit by voting technology company Smartmatic Corp. to reckon with. Tuesday’s settlement with Dominion …
Transport Canada said on Tuesday Hyundai Auto Canada Corp pleaded guilty to six different counts of criminal charges for violating the Motor Vehicle Safety Act. Hyundai Auto Canada failed to send out notices of safety defect within the prescribed time …
Some Japanese banks may soon come under the spotlight for potential “gender washing” over the way they count the number of women in management positions. Japan’s Financial Services Agency found a big discrepancy in responses from a regional bank survey …
