Claims / Legal
Insurance Could Slash Billions From Poor Nations’ Natural Disaster Bills
New types of insurance could cut the costs of natural disasters for poorer countries and reduce the amount of humanitarian aid needed, according to a report commissioned by Britain's international ...
Pending EU Rules Should Spur International Cyber Insurance Market Growth: A.M. Best
The European Union's looming General Data Protection Regulation (GDPR) will require mandatory notification of serious data breaches and potentially massive fines for failure to comply. That's the bad ...
Truck Speeding Fix Hits Roadblock; Safety Rules Halted by Trump Anti-Regulation Order
Years of pleas from parents whose son was killed by a speeding tractor-trailer, buy-in from some truckers and the promise of fewer highway deaths convinced U.S. officials in September to propose ...
Wells Fargo Closer to $142M Settlement With Customers Over Phony Account Scheme
A California judge has granted a preliminary approval for Wells Fargo & Co.'s agreement to pay $142 million, and perhaps more, to customers whose credit scores were harmed by its employees ...
Pension Funds Seek SEC Regs Expanding Human Capital Management Disclosures
A coalition that includes some of the largest U.S. pension funds want federal regulators to force big banks and other public companies to disclose details on how they manage, compensate and ...
Earthquake in Montana. Wow!
The strongest earthquake to hit Montana in more than half a century sent bartenders jumping over bars, food falling off grocery store shelves and woke up residents and dogs. There were no immediate ...
Hackers May Be Trying to Breach Admin Networks of Nuclear, Other Energy Facilities: DHS, FBI
Nuclear and other energy providers have been advised by the Department of Homeland Security and the FBI that hackers may be trying to breach their computer systems. DHS said in a statement Friday ...
Tax Software Firm at Center of Cyber Attack Knew of Problems; Criminal Liability Possible
The small Ukrainian tax software company that is accused of being the patient zero of a damaging global cyber epidemic is under investigation and will face charges, the head of Ukraine's Cyber Police ...