Technology/Science
XL Catlin Backs Startup Developing On-Demand, Pay-Per-Use Insurance for Rideshare Drivers
XL Catlin's investment arm is helping to back an insurance startup designed to provide on-demand, pay-per-use insurance for rideshare drivers. Slice Labs is the new startup, and it disclosed $3.9 ...
FBI Seeks Help from U.S. Businesses in Ransomware Hacker Investigation
FBI is asking businesses and software security experts for emergency assistance in its investigation into a pernicious new type of "ransomware" virus used by hackers for extortion. "We need your ...
Russia Hedge Fund Manager, Others Settle U.S. Press Release Hacking Case
A Moscow-based hedge fund manager, his investment firms and two Paris-based funds have agreed to pay nearly $18 million to resolve a U.S. regulator's claims that they engaged in insider trading using ...
Five Actions Auto Insurers Should Take to Thrive in the Autonomous Tech Boom
We are in the golden age of autonomous technology, with new car models rolling off the assembly line daily with state-of-the-art crash avoidance features. Innovations such as parallel-park assist, ...
Iranian Hacking of U.S. Targets Was Widespread: Federal Prosecutors
Hackers linked to the Iranian government launched cyber-attacks on some four dozen U.S. financial institutions and a flood-control dam north of New York City in forays meant to undermine U.S. markets ...
Uber’s Anti-Cyber Crime Strategy: Pay Hackers to Find System Flaws
Uber, the high-flying transportation firm, is releasing a technical map of its computer and communications systems and inviting hackers to find weaknesses in exchange for cash bounties. While ...
Fitch Recommends Slower P/C Insurance Embrace of Cyber Risks
Cyber risk may be the fastest growing segment in property/casualty insurance, but carriers should be measured about boosting their presence in the space, Fitch Ratings warned in a new report. Why go ...
Jury Orders J&J to Pay $502M in Hip Implant Failure Patient Lawsuit
Johnson & Johnson was ordered to pay $502 million to a group of patients who accused the company of hiding flaws in its Pinnacle artificial hips that caused the devices to prematurely fail and ...