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Was It an Act of War? That’s Merck Cyber Attack’s $1.3 Billion Insurance Question.

By the time Deb Dellapena arrived for work at Merck & Co.’s 90-acre campus north of Philadelphia, there was a handwritten sign on the door: The computers are down. It was worse than it seemed. Some employees who were already …

Musk Defamation Trial Over ‘Pedo Guy’ Tweet Set to Begin

Tesla boss Elon Musk is set to go on trial on Tuesday after he described a British cave explorer who helped rescue a group of boys from a cave complex in Thailand as a pedophile on Twitter. Vernon Unsworth, who …

Reuters Special Report: Powder Keg- Regulators Bowed to Industry for Decades Over Talc Risks

At an invitation-only gathering late last year, U.S. regulators and their guests huddled at a hotel near Washington, D.C., to discuss the best way to detect cancer-causing asbestos in talc powders and cosmetics. The “Asbestos in Talc Symposium,” sponsored by …

HSBC to Shift $20 Billion Worth of Assets to Blockchain-Based Platform

HSBC aims to shift $20 billion worth of assets to a new blockchain-based custody platform by March, in one of the biggest deployments yet of the widely hyped but still unproven technology by a global bank. The platform, known as …

China’s Insurance Giant Ping An Increasingly Focuses on ‘Technology Plus Finance’

Just 31 years after it was founded in China’s southern city of Shenzhen, Ping An Insurance (Group) Co. has grown into the world’s second-largest insurer by market value after Berkshire Hathaway Inc.β€”more valuable than Allianz SE and AIA Group Ltd. …

Typhoon Kammuri Hits Philippines, Killing at Least 3, Displacing 500,000 More

The Philippines reopened its main airport late Tuesday as Typhoon Kammuri heads to the South China Sea, leaving at least three people dead and displacing half a million more. Ninoy Aquino International Airport’s runways were opened at 6 p.m. local …

New Oklahoma Law, Workplace Shooting Fears Prompt Security Changes

Security is not subtle at the sprawling campus of human resources technology giant Paycom in Oklahoma City. Off-duty police officers roam the grounds, bolstering the company’s own force of armed guards. A basement command center that looks like something out …

ISMIE Mutual Completes Merger with Southeast Michigan Physicians’ Insurance

The ISMIE Mutual Insurance Co. has completed a merger with the Southeast Michigan Physicians’ Insurance Co. (SEMPIC) after receiving all required regulatory approvals, the company announced. SEMPIC has been providing comprehensive medical professional liability insurance for Detroit Medical Center (DMC) …

Ohio Court to Consider Teacher Liability in Bullying Case

The Ohio Supreme Court has agreed to hear a case over whether educators were reckless in failing to prevent an injury to a student even though they had been notified she was being bullied by a fellow kindergartner. The court …

Analysis: Louisiana Government Cyberattack Could Have Been Worse

The cyberattack on Louisiana’s state government computer servers disrupted agency operations and made going to the Office of Motor Vehicles even more headache-inducing than usual. But it was nowhere near the worst-case scenario, of widespread data theft and crippled government …

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