Markets
Ransomware Is Biggest Online Threat Facing UK: Official
Professional criminals holding businesses to ransom — often with the support of nation-states — is the key online threat facing the UK, the country's cyber security chief will say Monday. Lindy ...
Hospital Workers’ Lawsuit Over Vaccine Requirement Tossed by Judge
A U.S. federal judge has dismissed a lawsuit brought by 117 workers at a Texas hospital over its requirement that they be vaccinated against COVID-19. U.S. District Judge Lynn Hughes upheld Houston ...
Florida Property Insurance Reform Bill Signed Into Law, Already Having Positive Effect
Florida Gov. Ron DeSantis on Friday officially signed into law reform legislation on property insurance and roofing contractor practices, a measure some say is having a positive impact even before it ...
SOMPO Invests Additional $45M in One Concern, a Global Resilience AI Startup
SOMPO Holdings, one of Japan's largest insurers, is investing an additional $45 million in One Concern, Inc., an AI startup focused on building the global resilience market. The money is part of an ...
FBI Director Cautions Companies Not to Pay Attackers in Ransomware Incidents
Companies and organizations that are victims of ransomware attacks shouldn't pay hackers to unlock their data and should quickly contact law enforcement, which opens up the possibility of creative ...
VW Discloses Vendor Data Breach Affected 3.3 Million People in North America
Volkswagen AG's U.S. unit said a data breach at a vendor impacted more than 3.3 million customers and prospective buyers in North America. Nearly all those impacted were current or potential ...
U.S. Insurers Slammed in May by Hail, Tornado, Wind and Floods
Many U.S. insurers face a multi-billion-dollar payout from May's convective storms, which spawned extensive hail, tornado, wind and flood damage across a series of separate events during the month, ...
USAA Will Snatch Up Noblr, a Digital Usage-Based Auto Insurer
USAA plans to snatch up Noblr, an InsurTech digital insurer offering usage-based auto insurance. The company declined to disclose its purchase price, though the deal is expected to close later in ...