News
Social Issues of Urgent Concern for Majority of Business Leaders
The role of business in society is rapidly changing, and the majority of company leaders are taking notice. Results of a new survey conducted by Bain & Co., a global consultancy group, indicate ...
Report: Stolen Identities Top Cyber Security Threat
Stolen identities lead to massive breaches, costing businesses an average of $9.4 million per breach in 2022, a new report by ForgeRock found. Its identity breach report found that 1.5 billion ...
Former FBI Cyber Veteran Appointed Everest Re Chief Information Security Officer
Everest Re Group, Ltd., has appointed Don Good chief information security officer, effective immediately. Reporting directly to Srini Maddineni, Everest's Group chief information officer, he will be ...
Airbag Maker Can’t Promise Inflators Won’t Explode, Hurl Shrapnel
A company that makes airbag inflators that have exploded in eight incidents involving two deaths and seven injuries argued Tuesday that it can't say for sure whether its inflators might cause further ...
Mass. Judge Denies Class Action Certification of Diminished Value Claims
A judge in Massachusetts has denied class certifications for claimants seeking payments from two insurers for the lost resale value of their motor vehicles that were damaged in accidents and then ...
Insurance Quantified Acquires Groundspeed Analytics
Insurance Quantified, a commercial P/C underwriting technology provider, announced it has acquired Ann Arbor, Mich.-based Groundspeed Analytics, an ingestion and data solutions provider for the ...
Former Root CMO Ordered Detained for Contempt
Root Inc's former chief marketing officer – accused in a lawsuit by the company of syphoning $10 million from it – was ordered detained for contempt of court, and he will need to find another way ...
Strategic Portfolio Management Needed to Address Wildfire Risk
Economic losses from wildfires remain a concern for 2023, despite last year's average season, according to a new report by Gallagher Re. Climate change, shifting weather patterns and homes that ...