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Unions Divided Over Big Gig Firms’ Lobbying for State Worker Laws, Benefits

Uber and other gig economy companies are trying a new approach to ending their battles with unions, and getting ahead of possible federal regulation that could upend their business based on classifying workers as independent contractors. In New York, for …

Experts Call Colonial Pipeline Attack a Wake-Up Call, Say Bigger Attacks Could Be Ahead

Cyber experts are saying that the Colonial Pipeline attack, in which ransomware took down 5,500 miles of critical infrastructure along one of the nation’s largest pipelines, should be a wake up call for all companies to prioritize their cyber hygiene. …

Swedish Activist Investor Cevian Buys 4.95% Stake in UK Insurer Aviva

Swedish activist investor Cevian Capital AB has bought almost 5% of Aviva Plc, placing it among the insurer’s top three holders. Christer Gardell, managing partner at Cevian, said the Stockholm-based investor now holds 4.95% of Aviva after purchasing almost 195 …

Hong Kong Insurance Broker Azure Risk Expands Product Range

Azure Risk Ltd., a digital provider of marine and freight forwarding insurance, has been granted its application to broaden its license by the Hong Kong Insurance Authority. As a result, the broker has expanded its offering to include insurance for …

Generali Drops Out of Race to Buy NN’s Asset Manager Arm: Sources

Italy’s top insurer Assicurazioni Generali has dropped out of the race to buy the asset management arm of Dutch rival NN Group NV, two sources familiar with the matter told Reuters. Generali and Deutsche Bank’s asset management unit DWS were …

Forgotten Your Passwords? They Soon May Be Lost Altogether – with Insurers’ Help

The most popular password in 2020 was exposed almost 24 million times and took less than a second to crack. While a shocking statistic, when you learn that the most popular password of 2020 was “123456,” this news becomes somewhat …

EU Cautions Against Rushing into Public-Private Pandemic Insurance Scheme

The European Union’s executive body urged caution on Tuesday in the face of calls for a public-private scheme for insuring companies against economic lockdowns in future pandemics. “This is a very complex debate and needs time to mature,” John Berrigan, …

Florida Insurance Agent Charged with Diverting $4M in Premiums

A Pensacola, Florida insurance agent has bee charged with selling fraudulent insurance policies to his clients in exchange for approximately $4 million in insurance premium payments. Jason R. Coody, acting U.S. Attorney for the Northern District of Florida, announced the …

Amazon.com Offers Prescriptions Starting at $6; Considers Physical Locations

Amazon.com Inc. said on Tuesday it was now offering six-month prescriptions starting at $6 for medications of common health issues through its pharmacy. The company said prime members would get additional savings when paying without insurance. Customers can pay as …

Hackers Only Needed a Single Password to Disrupt Colonial Pipeline, CEO Testifies

The head of Colonial Pipeline told U.S. senators on Tuesday that hackers who launched last month’s cyber attack against the company and disrupted fuel supplies to the U.S. Southeast were able to get into the system by stealing a single …

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