News
U.S. Increases Fines for Automakers Not Meeting Fuel Economy Rules
The U.S. National Highway Traffic Safety Administration (NHTSA) on Sunday reinstated a sharp increase in penalties for automakers whose vehicles do not meet fuel efficiency requirements for model ...
Russian Agents Charged with Targeting U.S. Nuclear Plant, Saudi Oil Refinery
Officials in the U.S. and UK on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an American nuclear plant and a Saudi oil ...
British Police Arrest 7 Suspected Members of Lapsus$ Hacking Group
Police in Britain have arrested seven people following a series of hacks by the Lapsus$ hacking group which targeted major firms including Okta Inc. and Microsoft Corp., City of London Police said on ...
Teen Suspected by Cyber Researchers of Being Lapsus$ Mastermind
Cybersecurity researchers investigating a string of hacks against technology companies, including Microsoft Corp. and Nvidia Corp., have traced the attacks to a 16-year-old living at his mother's ...
Generali Fires CEO’s Internal Rival in Power Struggle
Generali has fired executive Luciano Cirina, who is challenging incumbent Philippe Donnet for the role of chief executive, with immediate effect for alleged breach of contract, Italy's largest ...
London Insurance Brokers Probed for Bribery and Corruption by UK Serious Fraud Office
A handful of London insurance firms are being investigated for bribery and corruption by the UK's Serious Fraud Office, according to people familiar with the probe. The fraud cops are examining the ...
Court Denies Insurer Use of Multiple Exclusions to Dodge Defending Insured
Everest Indemnity Insurance Co. is on the hook to defend an insured alleged to have improperly installed a fire suppression system under its errors and omissions policy because its various exclusions ...
Policygenius Raises $125M in Series E Round, Brings Total Funding to More Than $250M
Policygenius, a tech-enabled platform for insurance distribution, closed $125 million of new growth capital, bringing the company's total funding to more than $250 million. The company will use the ...