Industry News
Justice Dept Wants Execs to Foot Bill for Corporate Misconduct
The U.S. Justice Department is rolling out a new policy aimed at pushing the cost of corporate crime into the pockets of executives, the latest in a series of changes at the agency under President ...
Harford Mutual Insurance Group Plans Merger With ClearPath Mutual
Harford Mutual Insurance Group, a commercial P/C insurance company, announced its plan to merge with ClearPath Mutual Insurance Company, a monoline workers compensation carrier. "We are constantly ...
White House Releases New National Cybersecurity Strategy
The White House announced a new national cybersecurity strategy meant to make the digital ecosystem more resilient, including a more aggressive stance against malicious cyber actors and shifting ...
Root Inc. Says CFO ‘Terminated for Cause’
About one year into his employment with Root Inc. and a week after he helped the company report fourth-quarter earnings, Chief Financial Officer Robert Bateman has been fired for violating company ...
E-Bike Batteries Blamed for 22 New York City Fires, 2 Deaths This Year
Lithium-ion batteries used to power electric bicycles and scooters have already sparked 22 fires that caused 36 injuries and two deaths in New York City this year, four times the number of fires ...
Fidelis Insurance Holdings Submits Draft Registration With SEC for Proposed IPO
Bermuda-based Fidelis Insurance Holdings Ltd. announced it has submitted a draft registration statement on with the Securities and Exchange Commission, relating to a proposed initial public offering ...
War, Inflation, Polarization Driving Global Increase in Political Risk
Inflation, social inequality, environmental concerns, political polarization and the Russia-Ukraine war are among factors that are leading to an increased risk of civil unrest around the world, ...
Study: Back-to-Back Hurricanes Likely to Come More Often
What used to be a rare one-two punch of consecutive hurricanes hitting about the same place in the United States weeks apart seems to be happening more often, and a new study says climate change will ...