Markets
UK’s Legal & General Seals Deal to Bring Slice Lab’s On-Demand Insurance Platform Overseas
Slice Labs, a New York-based developer of on-demand insurance, has expanded overseas for the first time through a new partnership with the venerable UK carrier Legal & General. Their initial ...
Finding Qualified Insurance Employees Remains a Challenge Even as Hiring Stabilizes
Fifty-eight percent of insurance companies plan to increase staff during the next 12 months, in part due to an expected increase in business and new markets, according to the Semi-Annual U.S. ...
Obscure N. Korea Cyber Espionage Group Reportedly Broadens Reach
A North Korean cyber espionage group previously known only for targeting South Korea's government and private sector deepened its sophistication and hit further afield including in Japan and the ...
Gilead Wins as Judge Reverses Record $2.54B Hepatitis C Drug Patent Verdict
A federal judge in Delaware has overturned a jury's verdict requiring Gilead Sciences Inc. to pay a record $2.54 billion because its hepatitis C drugs Sovaldi and Harvoni infringed a patent held by ...
Cyber Risk Insured Losses Reached Record Levels in 2017: PCS/Verisk
Cyber risk insured losses reached $400 million in aggregate across three events in 2017, the largest annual level yet tracked by the Property Claims Services Unit of Verisk Insurance Solutions. "With ...
The Hartford Is Snatching Up Foremost’s Small Commercial Agency Biz
The Hartford has agreed to acquire Foremost Insurance's branded small commercial lines business from Farmers. Terms of the transaction were not disclosed. The Hartford said the deal will not have a ...
Workplace Romances Getting Heightened Liability Scrutiny
It happens in so many workplaces – two colleagues begin a romantic relationship. But a heightened awareness about sexual harassment means small business owners can get more anxious when employees ...
Intel Slapped With Class Action Suits Over Microchip Security Flaws
Intel Corp said on Friday shareholders and customers had filed 32 class action lawsuits against the company in connection with recently-disclosed security flaws in its microchips. Most of the ...