News
Ransomware Claims Stabilized in 2024, Though Still the Costliest Cyberattack
The majority of cyber insurance claims in 2024 were the result of business mail compromise or funds transfer fraud, according to digital risk insurance provider Coalition. The San Francisco-based ...
Shareholders Sue UnitedHealth Over its Reaction to Backlash From Executive’s Killing
UnitedHealth Group was sued on Wednesday for allegedly concealing how backlash from the killing of a top executive was damaging its business, causing its stock to nosedive after the insurer lowered ...
National Transportation Safety Board Vice Chair Unexpectedly Removed From Position
The vice chair of the National Transportation Safety Board has been abruptly removed from his position, the White House confirmed Tuesday, a rare move that comes as the federal agency charged with ...
Lloyd’s Names Tiernan as CEO, Succeeding Neal Who Is Moving to Key Role at Aon
Lloyd's, the re/insurance marketplace, announced that Patrick Tiernan has been appointed as chief executive officer by the Council of Lloyd's, succeeding John Neal. Tiernan will begin his tenure as ...
Berkshire Shareholders Reject Diversity, AI Proposals
Berkshire Hathaway shareholders on May 3 rejected a resolution requiring the company to report on risks from its subsidiaries' race-based initiatives, one of seven proposals ...
Nearly Quarter of People on Long-Acting Opioids Develop Addiction
More than one in five people prescribed extended-release painkillers such as OxyContin developed an addiction within a year, according to a newly released study mandated by the US Food and Drug ...
Amazon’s Zoox Agrees to Software Recall After Las Vegas Robotaxi Crash
Amazon.com's self-driving unit Zoox agreed to recall 270 driverless vehicles after an unoccupied robotaxi was involved in an April 8 crash with a passenger car in Las Vegas. Zoox said on Tuesday ...
University of Pennsylvania Atlantic Hurricane Forecast Calls for Average Season
University of Pennsylvania Energy and Environmental Science (EES) scientists predict an average Atlantic hurricane season with 14 named storms. Dr. Michael E. Mann, Shannon A. Christiansen, and Penn ...